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Kymeta Corporation Secures Additional $84 Million In Equity Financing

Kymeta Corporation Secures Additional $84 Million In Equity Financing

03/15/22, 1:00 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgredmond
Money raised
$84 million
Kymeta (www.kymetacorp.com), a world leading company for flat panel antennas that make mobile global, announced today the closing of additional equity funding totaling approximately $84 million, led by Bill Gates and participation by Hanwha Systems, among other investors.

Company Info

Company
Kymeta
Location
redmond, washington, united states
Additional Info
Kymeta is the leader in unlocking the potential of broadband satellite connectivity, combined with cellular networks, to satisfy the overwhelming demand for communications-on-the-move and making mobile global. Kymeta satellite connectivity solutions offer unique, complete, and turnkey bundled solutions to the market based on best-in-class technologies and tailored customer-centric services that meet and exceed customer mission requirements. These solutions, in tandem with the company’s flat-panel satellite antenna, the first of its kind, and Kymeta services provide revolutionary mobile connectivity on satellite and hybrid satellite-cellular networks to customers around the world. Backed by U.S. and international patents and licenses, the Kymeta terminal addresses the need for low-power, low-cost, and high-throughput communication systems that have no moving parts. Kymeta makes connecting easy – for any vehicle, vessel, aircraft, or fixed platform. Kymeta is a privately held company based in Redmond, Washington. For more information, visit kymetacorp.com