Thursday, January 17, 2019

Boeing invests in Isotropic Systems for satellite terminals

Isotropic Systems Ltd., a start-up developing next-generation integrated satellite terminals, announced a $14 million Series A round of funding led by Boeing HorizonX Ventures, with participation from WML, Space Angels and Space Capital.

Isotropic Systems, which is based in London, is developing the world's first multi-service, high-bandwidth, low power, fully integrated high throughput terminal designed to support the satellite industry to 'reach beyond' traditional markets and acquire new customers with a full suite of high throughput services.

"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," said John Finney, founder and chief executive officer of Isotropic Systems. "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."

https://www.isotropicsystems.com

See also