CesiumAstro
Assembly Line
CesiumAstro Secures $65M in Oversubscribed Funding Round
CesiumAstro Inc., a leading provider of space communications technology, announced the closing of a $65 million Series B+ funding round. The round was led by Trousdale Ventures, with matching participation from Development Bank of Japan Inc. and Quanta Computer, Inc. Renowned investors, including Kleiner Perkins, Lavrock Ventures, L3Harris Technologies, InMotion Ventures (JLR’s investment arm), Matter Venture Partners, MESH Ventures, and Assembly Ventures, also joined the round.
This investment validates CesiumAstro’s innovative approach to space communications technology, as exemplified by their industry-leading Vireo multi-beam Ka-band active phased array payload and provider-agnostic Skylark SATCOM terminal, which are disrupting the space communications landscape.
CesiumAstro Secures $60 Million In Oversubscribed Series B Funding
CesiumAstro Inc. (“Cesium” or “Company”), a developer of advanced aerospace communication systems, today announced it has secured $60 million in an oversubscribed Series B funding round, co-led by Airbus Ventures and Forever Ventures, with strategic participation from L3Harris Technologies (NYSE: LHX). Returning investors include Kleiner Perkins, Lavrock Ventures, Franklin Templeton Blackhorse Fund, and HEICO (NYSE: HEI).