Kymeta Corporation, a satellite parts manufacturer, raises $50m series C with backing from consortium including multi-university venture fund Osage University Partners.
Satellite systems developer Kymeta Corporation has raised $50m in series C funding from multiple backers, including university venture fund Osage University Partners.
Osage and philanthropic organisation The Kresage Foundation were joined by existing backers including Microsoft founder Bill Gates, communications firm Liberty Global and venture firm Lux Capital in the round.
Kymeta is developing metamaterial technology that allows satellites to steer antenna beams with no moving parts, leading to highly adaptable and lightweight communications terminals which would allow satellites to…
