CesiumAstro Raises $12.4 Million in Series A Funding Led by
Advancing High-Throughput Agile Communications Systems for Next Generation Aerospace Platforms
AUSTIN, Texas — (BUSINESS WIRE) — March 13, 2019 — CesiumAstro, Inc., pioneer of “out-of-the-box” high-performance multi-beam active phased array communication systems for space and airborne platforms, has announced the closing of a $12.4 million Series A funding round led by Airbus Ventures. Additional investors in the round include Kleiner Perkins, Franklin Templeton Venture Fund, Lavrock Ventures, Honeywell Ventures, and Analog Devices Ventures. Funds will be used to scale the team and expand the development of a wide range of frequency offerings and system configurations to meet the growing demand for affordable, high-throughput aerospace plug-and-play communications systems.
Built on a system of scalable and modular “LEGO®-like” software defined architecture, Cesium products turn digital bits into steerable, shapeable radio frequency beams and provide complete communications systems in an easily customizable plug and play kit. Cesium’s fully-integrated systems require only a single power cable and digital connection to make a high-speed communication link. The result is a low-cost, highly reliable, rugged and seamlessly-integrated communications system for satellites, UAVs, launch vehicles and other aerospace platforms.
“Secure, reliable and high-throughput software-defined data links are the backbone of next-generation space and airborne systems,” explains Shey Sabripour, Cesium Founder and CEO. “This Series A round – together with...