Isotropic Systems Secures Over $37 Million in Additional Series B Funding to Develop Unique Multi-link antenna Through to Product Launch in 2022

  • Isotropic Systems completes a new industry and VC-backed funding round, led by the world’s first listed space tech fund, Seraphim Space Investment Trust PLC
  • This latest funding round takes the total capital secured from investor and customer support to over $100 million
  • Strong strategic investor support from existing investors including AEI HorizonX, Promus Ventures through its Luxembourg based space investment fund Orbital Ventures, SES and UK Government
  • Secures production and commercialisation of Isotropic’s next-gen ground antennas, designed to vastly improve connectivity across the satellite ecosystem

LONDON, 27th September, 2021 (Isotropic Systems PR) – Isotropic Systems, a leading developer of transformational broadband terminal technologies, announces that it has raised over $37 million in an equity financing round, which fully funds the development of its game-changing multi-link antennas through to product launch in 2022.

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Space Sector on Track for Record-breaking Year of Funding

  • Around $6.4bn was invested into SpaceTech in the first half of 2021 – equivalent to 85 per cent of investment for the whole of 2020
  • The number of space deals this year is on track to eclipse the record set in 2018
  • Global private investment in Q2 2021 was at a record $3.7bn, up from $2.7bn invested in Q1 2021
  • The space industrial revolution is demonstrably in full swing as 573 satellites were launched during the quarter
  • Seraphim’s oversubscribed Initial Public Offering provides investors with a new way to get involved in the SpaceTech market which is set for substantial growth

LONDON, August 11, 2021 (Seraphim Capital PR) — The SpaceTech sector experienced another record-breaking quarter of venture financing in Q2 2021, both in terms of amounts invested and deals done, according to the latest figures from the Seraphim SpaceTech Venture Capital Index (“the Index”) published today. 

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