Cesiumastro Secures $60 Million In Oversubscribed Series B Funding
03/02/22, 1:25 PM
Location
austinMoney raised
$60 million
Round Type
series b
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).
Company Info
Location
austin, texas, united states
Additional Info
Headquartered in Austin, Texas, with offices in Broomfield, Colorado, CesiumAstro builds high-throughput, plug-and-play active phased array communication payloads for airborne and in-orbit platforms. Cesium’s full-stack, multi-mission hardware and software products enable a range of commercial and defense objectives. For more information, visit: cesiumastro.com.