16 janvier 2019 | International, Aérospatial

Isotropic Systems Raises $14 Million in Series A Funding Led by Boeing HorizonX Ventures to Advance Space-Based Connectivity

Isotropic's approach to next-generation integrated terminal creates profound change in terminal economics and performance to unlock the satellite industry's full potential

LONDON, Jan. 16, 2019 /CNW/ - Isotropic Systems Ltd., the next-generation integrated satellite terminal solution provider, today announced a $14 million Series A round of funding led by Boeing HorizonX Ventures, with participation from WML, Space Angels and Space Capital.

"The Series A financing builds on an exceptional year for Isotropic which saw a rapidly growing roster of strategic partners and customers who are poised to unlock the full potential of high-throughput satellites and mega-constellations across all orbits," said John Finney, founder and chief executive officer of Isotropic Systems. "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."

Leveraging a transformational optical beamforming technology to control the direction of radio waves, Isotropic Systems has developed communication terminal solutions that are significantly more cost-effective, use significantly less power and yet achieve superior performance benefits for the end users. The substantial reduction in cost and power combined with improved performance result in newly-addressable markets and enable mass adoption of satellite communications.

"Isotropic's solution allows for increased capabilities at reduced costs for satellite service providers," said Brian Schettler, managing director of Boeing HorizonX Ventures. "This investment accelerates the expansion of space-based connectivity services to the mass market and continues Boeing's leadership in space innovation."

This new funding will allow Isotropic to accelerate the commercialization of its technology to benefit its satellite operator customers and to leverage its technology to explore new applications in adjacent markets.

Read the Boeing HorizonX Ventures press release for more information regarding this announcement.

About Isotropic Systems

Isotropic Systems is developing the world's first multi-service, high-bandwidth, low power, fully integrated high throughput terminal designed to support the satellite industry to 'reach beyond' traditional markets and acquire new customers with a full suite of high throughput services. The company's team of industry experts and scientists has pioneered several firsts in satellite terminal design. For more information visit http://www.isotropicsystems.com. Visual media assets available here.

About Boeing HorizonX Ventures

Boeing HorizonX Ventures targets investments that help scale startup innovation in aerospace. Its portfolio includes companies specializing in autonomous systems, additive manufacturing, energy and data storage, advanced materials, augmented reality systems and software, machine learning, hybrid-electric and hypersonic propulsion and Internet of Things connectivity.

About Boeing

Boeing is the world's largest aerospace company, the leading manufacturer of commercial airplanes and defense, space and security systems, and a major provider of commercial and government aerospace services. A top U.S. exporter, the company supports airlines and U.S. and allied government customers in more than 150 countries.

SOURCE Isotropic Systems Limited (ISL)

https://www.newswire.ca/news-releases/isotropic-systems-raises-14-million-in-series-a-funding-led-by-boeing-horizonx-ventures-to-advance-space-based-connectivity-832444227.html

Sur le même sujet

  • Contract Awards by US Department of Defense - November 15, 2019

    18 novembre 2019 | International, Aérospatial, Naval, Terrestre, C4ISR, Sécurité

    Contract Awards by US Department of Defense - November 15, 2019

    AIR FORCE Lockheed Martin Corp., Littleton, Colorado, has been awarded a ceiling amount of $3,329,600,000 single award, indefinite-delivery/indefinite-quantity contract for combined orbital operations, logistics and resiliency support services. This contract provides for operations, sustainment and enhancement activities to support the Advanced Extremely High Frequency, Milstar and Defense Satellite Communications System III programs. Work will be performed at Peterson Air Force Base, Colorado; Schriever Air Force Base, Colorado; and Sunnyvale, California, and is expected to be completed by Nov. 30, 2029. This award is the result of a sole source acquisition. No funds will be obligated on the basic contract and the type of funding will be obligated on subsequent task and delivery orders. The Space and Missile System Center, Peterson Air Force Base, Colorado, is the contracting activity (FA8823-20-D-0001). Raytheon Co., Largo, Florida, has been awarded an $86,756,767 cost-plus-fixed-fee contract for the Presidential and National Voice Conferencing (PNVC) Integrator contract. The PNVC capability is a new requirement for use by the president of the United States (POTUS), secretary of defense, chairman of the Joint Chiefs of Staff, combatant commanders and other senior leaders. The POTUS and national leadership require worldwide, secure, survivable voice conferencing capability that supersedes and improves upon the existing Milstar Survivable Emergency Conferencing Network system. The PNVC capability will incorporate improved voice quality, reduced latency, high availability, increased number of subscribers and a new conference management capability for the user community. Work will be performed at Marlborough, Massachusetts, and is expected to be completed by September 2024. This award is the result of a sole source acquisition. Fiscal 2020 research, development, test and evaluation funds in the amount of $2,000,000 are being obligated at the time of the award. The Family of Advanced Beyond Line-of-Sight Terminals Contracting office, Hanscom Air Force Base, Massachusetts, is the contracting activity (FA8735-20-C-0001). Bismark Construction Corp., Newark, New Jersey, has been awarded a $17,108,605 modification (P00009) to previously awarded contract FA4484-16-D-0003 for maintenance and repair services requirement contract. This modification provides for the exercise of Option Four for the period of performance Nov. 16, 2019, through Nov. 15, 2020. Work will be performed at Joint Base McGuire-Dix-Lakehurst, New Jersey, and is expected to be complete by Nov. 15, 2020. The total cumulative face value of the contract is $85,540,325.00. Fiscal 2020 operations and maintenance funds will be used and no funds are being obligated at the time of award. The 87th Contracting Squadron, Joint Base McGuire-Dix-Lakehurst, New Jersey, is the contracting activity. AT2 LLC, Severn, Maryland, has been awarded a $14,495,776 modification (P00010) to previously awarded contract FA4890-18-C-0008 for Air Combat Command and Air Force Global Strike Command Primary Training Ranges operations and maintenance support services. This contract provides for operating materials and supplies of range threat, scoring and feedback systems. Work will be performed at Dare County Range, North Carolina; Poinsett Range, South Carolina; Grand Bay Range, Georgia; Avon Park Range, Georgia; Snyder Range, Texas; Belle Fourche Range, South Dakota; Holloman Ranges, New Mexico; Mountain Home Ranges, Idaho; and Guam Range, Guam. Work is expected to be completed by Dec. 31, 2022. Fiscal 2020 operations and maintenance funds in the amount of $13,871,092 are being obligated at the time of award. Headquarters Air Combat Command, Joint Base Langley-Eustis, Virginia, is the contracting activity. NAVY Bechtel Plant Machinery Inc., Monroeville, Pennsylvania, is awarded a $913,536,186 cost-plus-fixed-fee modification to previously-awarded contract N00024-19-C-2114 for Naval Nuclear Propulsion Components. Work will be performed in Monroeville, Pennsylvania (69%); and Schenectady, New York (31%). Fiscal 2020 shipbuilding and conversion (Navy) funding in the amount of $584,866,256 will be obligated at time of award and funding will not expire at the end of the current fiscal year. No completion date or additional information is provided on Naval Nuclear Propulsion Program contracts. The Naval Sea Systems Command, Washington, District of Columbia, is the contracting activity. Bechtel Plant Machinery Inc., Monroeville, Pennsylvania, is awarded a $483,735,911 cost-plus-fixed-fee modification to previously-awarded contract N00024-16-C-2106 for Naval Nuclear Propulsion Components. Work will be performed in Monroeville, Pennsylvania (66%); and Schenectady, New York (34%). Fiscal 2020 shipbuilding and conversion (Navy) funding in the amount of $483,735,911 will be obligated at time of award and funding will not expire at the end of the current fiscal year. No completion date or additional information is provided on Naval Nuclear Propulsion Program contracts. The Naval Sea Systems Command, Washington, District of Columbia, is the contracting activity. Raytheon Co., Integrated Defense Systems, San Diego, California, is awarded a $61,531,220 indefinite-quantity/indefinite-delivery contract for Global Positioning System-Based Positioning, Navigation and Timing Service (GPNTS) software support. GPNTS is used to receive, process and distribute three-dimensional position, velocity, acceleration, attitude, time and frequency in the formats required by shipboard user systems. The software support will include development, integration and test of improvements, correction of deficiencies, preparation and delivery of engineering interim/final software builds and inputs for the GPNTS software requirements and configuration baseline. The contract includes a base ordering period of five years, with a subsequent three-year option and a final two-year option for a total of 10 years should all options be exercised. The option periods, if exercised, would bring the cumulative value of this contract to $100,345,487. Fiscal 2019 research, development, test and evaluation funds in the amount of $3,407,044 will be placed on contract and obligated at the time of award. Contract funds will expire at the end of the current fiscal year. Work will be performed in San Diego, California, and is expected to be completed by November 2024. If all options are exercised, work could continue until November 2029. This contract was competitively procured with two offers received via the Commerce Business Daily's Federal Business Opportunities website and the NAVWAR e-Commerce Central website. The Naval Information Warfare Systems Command, San Diego, California, is the contracting activity (N00039-20-D-0021). Bechtel Plant Machinery Inc., Monroeville, Pennsylvania, is awarded a $31,801,007 cost-plus-fixed-fee modification to previously-awarded contract N00024-19-C-2115 for Naval Nuclear Propulsion Components. Work will be performed in Monroeville, Pennsylvania. Fiscal 2019 shipbuilding and conversion (Navy) funding in the amount of $31,801,007 will be obligated at time of award and will not expire at the end of the current fiscal year. No completion date or additional information is provided on Naval Nuclear Propulsion Program contracts. The Naval Sea Systems Command, Washington, District of Columbia, is the contracting activity. General Dynamics Electric Boat, Groton, Connecticut, is awarded a $24,103,730 cost-plus-fixed-fee modification to previously awarded contract N00024-18-C-2101 to exercise an option for engineering and technical design effort to support research and development concept formulation for current and future submarine platforms. Work will be performed in Groton, Connecticut, and is expected to be complete by October 2020. Fiscal 2020 research, development, test and evaluation (Navy) funding in the amount of $175,000 will be obligated at time of award and will not expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington, District of Columbia, is the contracting activity. Progeny Systems Corp.,* Manassas, Virginia, is awarded a $9,855,080 firm-fixed-price and cost-plus-fixed-fee contract for services and hardware systems in support of the Undersea Warfare Decision Support Systems (USW-DSS) Command and Control program. This contract includes options which, if exercised, would bring the cumulative value of this contract to $50,711,886. Work will be performed in Manassas, Virginia (79%); Norfolk, Virginia (11%); Keyport, Washington (8%); Charleroi, Pennsylvania (1%); and San Diego, California(1%), and is expected to be completed by November 2020. If all options are exercised, work will continue through November 2024. Fiscal 2019 other procurement (Navy); and fiscal 2019 research, development, test and evaluation funding in the amount of $3,752,402 will be obligated at time of award and funding in the amount of $807,804 will expire at the end of the current fiscal year. This contract was not competitively procured. In accordance with Section 1709 of the 2018 National Defense Authorization Act that modifies 15 U.S. Code 638(r)(4), this Small Business Innovative Research (SBIR) Phase III contract is being awarded to Progeny Systems Corp., the same firm that received the SBIR award. USW-DSS provides a common set of integrated cross-platform and command decision support tools to enable integrated USW operations. The contract award is a follow-on to contract N00024-14-C-5209 for production and modernization of USW-DSS systems developed under the prior SBIR Phase III Contract. The Naval Sea Systems Command, Washington, District of Columbia, is the contracting activity (N00024-20-C-5213). Pacific Federal Management Inc.,* Tumon, Guam, is awarded a $9,093,633 indefinite-delivery/indefinite-quantity contract for base operating support services at Naval Base Guam and Naval Support Activity Andersen. The maximum dollar value including the base period and four option years is $48,494,711. The work to be performed provides for all labor, supervision, management, tools, material, equipment, facilities, transportation and incidental engineering and other items necessary to accomplish all work in ground maintenance and tree trimming services for United States military facilities on Guam at various locations on Guam and Northern Marianas Islands. Work will be performed in the Naval Facilities Engineering Command (NAVFAC) Marianas area of operations, including but not limited to, Naval Base Guam (70%); and Naval Support Activity Andersen, Guam (30%), and is expected to be completed by November 2024. No funds will be obligated at time of award. Fiscal 2020 operation and maintenance (O&M), (Navy); and fiscal 2020 O&M, (family housing) contract funds in the amount of $6,707,564 for recurring work will be obligated on individual task orders issued during the base period. This contract was competitively procured via the Federal Business Opportunities website with two proposals received. NAVFAC Marianas, Guam, is the contracting activity (N40192-20-D-9000). ARMY Walsh Federal JV, Chicago, Illinois, was awarded a $77,308,000 firm-fixed-price contract to procure services for the design and construction of an 87,620 square foot Joint Regional Confinement Facility. Bids were solicited via the internet with seven received. Work will be performed in Tacoma, Washington, with an estimated completion date of Aug. 1, 2022. Fiscal 2017 and 2018 military construction, Army funds in the amount of $77,308,000 were obligated at the time of the award. U.S. Army Corps of Engineers, Seattle, Washington, is the contracting activity (W912DW-20-C-0002). Great Lakes Dredge & Dock Co., Oak Brook, Illinois, was awarded a $13,700,000 modification (P00018) to contract W912BU-15-C-0054 for dredging plants to remove the variety of material encountered in dredging. Work will be performed in Chester, Pennsylvania, with an estimated completion date of March 15, 2020. Fiscal 2020 operation and maintenance, Army funds in the amount of $13,700,000 were obligated at the time of the award. U.S. Army Corps of Engineers, Philadelphia, Pennsylvania, is the contracting activity. DEFENSE LOGISTICS AGENCY Rolls-Royce Corp., Indianapolis, Indiana, has been awarded a maximum $67,076,432 requirements contract for supplies related to the upgrade of the T-56 engine from series 3.0 to series 3.5. This was a sole source acquisition using justification 10 U.S. Code 2304 (c)(1), as stated in Federal Acquisition Regulation 6.302-1. This is a five-year base contract with one five-year option period. Location of performance is Indiana, with Sept. 30, 2024, performance completion date. Using military services are Air Force and Navy. Type of appropriation is fiscal 2020 through 2024 defense appropriated funds. The contracting activity is the Defense Logistics Agency Aviation, Richmond, Virginia (SPE4AX-20-D-9405). Avon Engineered Fabrications, Picayune, Mississippi (SPE7MX-20-D-0015); and SMR Technologies Inc., Fenwick, West Virginia (SPE7MX-20-D-0016), are sharing a maximum $40,328,925 firm-fixed-price with economic-price-adjustment contract for landing craft air cushion skirting systems. This was a competitive acquisition with two responses received. These are three-year base contracts with two one-year option periods. Locations of performance are Mississippi and West Virginia, with a Nov. 14, 2022, performance completion date. Using military service is Navy. Type of appropriation is fiscal 2020 through 2023 defense working capital funds. The contracting activity is the Defense Logistics Agency Land and Maritime, Columbus, Ohio (SPE7MX-20-D-0015). Peckham Vocational Industries,** Peckham, Michigan, has been awarded a maximum $8,673,0560 modification (P00008) exercising the second, one-year option of a one-year base contract (SPE1C1-18-D-N029) with two, one-year option periods for the GEN III, Layer II, Mid-Weight Drawer. This is a firm-fixed-price contract. Location of performance is Michigan, with a Nov. 21, 2020, performance completion date. Using military services are Army and Air Force. Type of appropriation is fiscal 2020 through 2021 defense working capital funds. The contracting activity is the Defense Logistics Agency Troop Support, Philadelphia, Pennsylvania. *Small Business **Mandatory source https://www.defense.gov/Newsroom/Contracts/Contract/Article/2018396/source/GovDelivery/

  • UK fighter concept emphasizes stealth, next generation sensors

    17 août 2018 | International, Aérospatial

    UK fighter concept emphasizes stealth, next generation sensors

    BY TOM RISEN Britain wants to build a twin-engine stealth fighter jet that the Defense Ministry says would enable the United Kingdom to stay competitive in air-to-air combat technology and maintain its domestic fighter industry. U.K. Defense Secretary Gavin Williamson unveiled a full-scale model of the Tempest at the Farnborough Airshow in July as a commitment that Britain would remain “a world leader in the combat air sector.” The U.K. contractors chosen to design the plane must first present a business case for the fighter to the ministry by the end of the year to begin the approval process for funding. The ministry has promised to draw 2 billion pounds ($2.6 billion) for the Tempest over several years from the ongoing Future Combat Air System Technology Initiative enacted in 2015 that ends in 2025 to develop a successor to the twin-engine Eurofighter Typhoon. Team Tempest, the name for the government agencies and companies working on the project, shared limited details about the design in progress beyond the concept they showcased. With their near diamond shape, the Tempest wings resemble those of the YF-23 stealth fighter demonstrator built in 1990 for the U.S. Air Force by Northrop and McDonnell Douglas, notes Adam Routh, an aerospace researcher at the Center for a New American Security in Washington, D.C. The YF-23 was flown in 1990 but lost the competition for the Air Force contract to what became the Lockheed Martin F-22 Raptor, which ended mass production in 2011. The F-22 engines include thrust vectoring to maneuver the plane around enemy aircraft at close range, which the YF-23 lacked. Thrust vectoring engines were not presented as part of the Tempest concept, possibly because “next generation stealth and guided missiles may undermine the benefits of maneuverability by allowing planes to attack from a significant distance,” Routh says. Pilots of future air-to-air combat won't often find themselves in dogfights won with maneuverability, Routh says, because guided missiles and stealth “will allow aircraft to engage opposing aircraft from a significant distance.” Full article: https://aerospaceamerica.aiaa.org/uk-fighter-concept-emphasizes-stealth-next-generation-sensors

  • U.S. Navy awards Leidos $248 million contract to provide autonomous systems design and engineering

    20 octobre 2024 | International, Naval

    U.S. Navy awards Leidos $248 million contract to provide autonomous systems design and engineering

    Reston, Va. October 17, 2024 – Leidos (NYSE:LDOS), a FORTUNE 500® innovation leader, was recently awarded a follow-on contract by the Naval Information Warfare Center Pacific (NIWC PAC) to support unmanned...

Toutes les nouvelles