Boeing’s venture capital arm has led a funding round to help Isotropic Systems bring to market its integrated satellite communications terminal.
Brian Schettler, managing director of Boeing HorizonX Ventures, said in a statement published Wednesday the investment in Isotropic seeks to speed up the expansion of space-based connectivity services to the mass market.
Space Capital, Space Angels and WML participated in the Series A funding round, which raised $14M for Isotropic's technology offering.
Isotropic’s satcom terminal is built to consume less power and works to regulate the radio waves’ direction through the use of an optical beamforming technology.
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