Isotropic Methods is elevating funds to advance the event of multi-beam antennas
Isotropic Systems has raised over US $ 40 million in a financing round from telecommunications company SES and will use the capital to further develop its multi-beam antenna.
Isotropic said Boeing’s HorizonX Global Ventures, Firmament Ventures, Space Angels, Promus Ventures’ Orbital Ventures fund, and the UK government’s Future Fund participated in the funding round.
The multi-beam antenna, expected to hit the market in early 2022, uses Isotropic Systems’ high-frequency optics technology to establish simultaneous connections to multiple satellite constellations in different orbits.
John Finney, founder and CEO of Isotropic Systems, said the company’s multibeam antenna technology could enable service providers to solve connectivity issues and transform the way bandwidth services are delivered to end users.
Isotropic Systems will also use the funds to build a 20,000 square foot test facility in the UK and create 150 more engineering jobs over the next two years.