CesiumAstro Inc., an Austin, TX-based provider of space communications technology, closed a $65m Series B+ funding round.
The round was led by Trousdale Ventures, with matching participation from Development Bank of Japan Inc., and Quanta Computer, Inc. (TWSE: 2382.TW), as well as from Kleiner Perkins, Lavrock Ventures, L3Harris Technologies (NYSE: LHX), InMotion Ventures (JLR’s investment arm), Matter Venture Partners, MESH Ventures, and Assembly Ventures.
The company intends to use the funds to accelerate R&D, expands manufacturing, and support global expansion and talent acquisition.
Led by Shey Sabripour, Founder and CEO, CesiumAstro CesiumAstro builds high-throughput, software-defined phased array communication payloads for airborne and space platforms including satellites, missiles, UAVs, and more. Its full-stack, multi-mission hardware and software products enable a range of commercial, government and defense objectives. CesiumAstro provides full in-house design, manufacturing and testing capabilities based on the ISO AS9100 standard.
The company also has offices in Colorado, California, and the United Kingdom.
FinSMEs
18/06/2024