Boeing HorizonX Ventures Invests in BridgeSat to Advance Satellite Communications

CHICAGO, Sept. 10, 2018 (Boeing PR) — Boeing [NYSE: BA] today announced its investment in Denver-based BridgeSat Inc., an optical communications solutions company enabling the future of connectivity in space through a network of ground stations and proprietary space terminals.

BridgeSat is developing a global network of optical ground stations (OGS) to transmit large amounts of data into space quickly and reliably. Its stations support low Earth orbit (LEO) and geostationary (GEO) satellite optical communications, enabling secure transmissions between satellites, other spacecraft, unmanned aerial vehicles and high-altitude aircrafts.

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Nanosatellite IoT Startup Myriota Closes US$15 Million Series A Round With Global Investors

Myriota co-founders CTO Dr. David Haley and CEO Dr. Alex Grant with nanosatellite frame. (Credit: Myriota)

ADELAIDE, Australia (Myriota PR) — Myriota, global leader in nanosatellite internet of things (IoT) connectivity, has closed a US$15 million Series A funding round.

The round was led by Australian VC firms Main Sequence Ventures and Blue Sky Venture Capital and included Boeing HorizonX Ventures, Singtel Innov8 and Right Click Capital. It is globally the largest round announced to date for a tech startup using Space 2.0 for IoT. It is also the first investment outside the United States for Boeing HorizonX Ventures.

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