The London-based integrated satellite terminal solution provider Isotropic Systems has just secured $14 million in a B series funding round led by Boeing HorizonX Ventures, with participation from WML, Space Angels, and Space Capital.
Brian Schettler, managing director of Boeing HorizonX Ventures stated, “Isotropic’s solution allows for increased capabilities at reduced costs for satellite service providers. This investment accelerates the expansion of space-based connectivity services to the mass market and continues Boeing’s leadership in space innovation.”
Earlier, the startup had raised $6 million combining seed and series A funding. Now after the current capital flow, Isotropic Systems has brought its total wealth to $20 million.
Energy-efficient low-cost space communications
Isotropic Systems has developed a transformational optical beam-forming technology enabling directivity control of radio waves with low energy consumption. This computational model optical beam-forming replaces the traditional phased array and flat panels lowering the use of circuit elements. This ensures a significant drop in the cost of the terminals.
Isotropic Systems – the pioneer in high throughput terminal
The startup has invented the world’s first high throughput multi-beam terminal with infinite bandwidth allowing incorporation of more customers and enhanced user experience. The technology is well-designed for satellite broadcast, VSAT, microwave, multipoint wireless and 5G broadband communications.
High scalability
With advanced feeds optimisation, low operational cost and high-quality performance, Isotropic Systems’ solution help to cater to evolving markets and amplify mass adoption of satellite communications.
The present fund infusion will boost the commercialisation of Isotropic Systems’ communication technology.
Founder and CEO of Isotropic Systems, John Finney articulated, “The Series A financing builds on an exceptional year for Isotropic which saw a rapidly growing roster of strategic partners and customers who are poised to unlock the full potential of high-throughput satellites and mega-constellations across all orbits.”
Further, he added, “Boeing’s investment provides our team access to Boeing experts, testing labs, and other valuable resources to fast-track the deployment of our terminal solutions and to leverage our intellectual property across other space-based and wireless connectivity applications.”
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