Isotropic Programs Raises $ 40 Million for Multi-Beam Satellite tv for pc Antennas
The strategic investment from Boeing HorizonX Global Ventures, satellite operator SES and the UK government will be used to bring the multi-beam antenna to market for space and aerospace applications. This brings the total investment to USD 60 million.
The company plans to open a 20,000 square foot test lab in Reading and create 150 jobs. The first terminal is to be launched for new satellite constellations in early 2022.
The patented radio frequency optics technology enables the high-performance multi-beam antenna to connect to multiple satellites in multiple orbits at the same time without compromising the performance of each connection.
The round of funding also included investments by deep-tech venture capital firm Promus Ventures through its Luxembourg-based space investment fund Orbital Ventures.
Terminal production is to coincide with the start of constellations of OneWeb in Great Britain as well as Kepler from Amazon and the established operators Inmarsat, Intelsat, SES and Telesat.
“We’re building our next generation system, O3b mPOWER, with innovators like Isotropic Systems,” said Steve Collar, CEO of SES. “Isotropic’s multi-beam antenna plays an important role in our multi-path strategy and is an important prerequisite for advanced satellite services on land, in the air and at sea. Our investment reflects the potential we believe this breakthrough technology has for SES and the industry as a whole. “
“Isotropic Systems is very well positioned to usher in a new age of high-performance, multi-orbit connectivity with our next generation multi-beam antenna,” said John Finney, Founder and CEO of Isotropic Systems.
“With satellite constellation after satellite announced for launch in the years ahead, our technology is unique in that it enables service providers and end users to get the most out of the many thousands of satellites that can be put into orbit with a single integrated terminal Unlocking Demand For the entire satellite industry, the way bandwidth services are delivered to end-users is radically changing and exceeding the capabilities of