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Altaeros Energies announced it raised $1 Million in an initial filing from an offering of $6 Million

Jun 26, 2023about 2 years ago

Amount Raised

$1 Million

Round Type

seed

FremontAerospace

Company Information

Company

Altaeros Energies

Location

88 Iron Horse Drive

Fremont, New Hampshire, United States

About

Altaeros’ mission is to connect people, machines and data, no matter where they happen to be located. Founded at MIT in 2010, we are focused on developing and deploying innovative real-world infrastructure solutions to solve the most difficult infrastructure challenges. Altaeros' SuperTower solution is a tethered, aerial cell tower designed to extend communication networks to areas in need. SuperTowers float over ~1000 feet off the ground and can carry a variety of payloads including 4G, 5G, IoT, fixed wireless, environmental monitoring, and others. Each SuperTower can replace numerous ground-based towers, offering a quicker and less expensive way to build communications infrastructure or roll out new technologies.

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