London-based Isotropic Systems, a startup that is developing flat-panel antennas and high-throughput terminals for satellite communications, says it has raised $14 million in a Series A financing round led by Boeing HorizonX Ventures.
Isotropic’s user terminals take advantage of optical beam steering, which lets its terminals connect with several different satellites without increasing cost or complexity. The company says its technology will help clear a path for low-cost, mass-market broadband connectivity via satellites.
“Boeing’s investment provides our team access to Boeing experts, testing labs and other valuable resources to fast-track the deployment of our terminal solutions and to leverage our intellectual property across other space-based and wireless connectivity applications,” Isotropic founder and CEO John Finney said in a news release.