Boeing HorizonX Ventures has announced it has invested in London-based startup Isotropic Systems Ltd., providing solutions to better connect people and enterprises around the globe, the company said.
By taking advantage of optical beam steering, Isotropic´s innovative user terminals can simultaneously connect with several different satellites without increasing cost or complexity. This capability will help enable low-cost, mass-market broadband connectivity for consumers and help companies meet growing demand for satellite data, mobility and broadband services even in the most remote places.
Isotropic joins Boeing subsidiary Millennium Space Systems and Boeing HorizonX Ventures portfolio startups Myriota, BridgeSat Inc. and Accion Systems in advancing the company´s satellite and space-based capabilities. Isotropic is the second UK-based startup to join the HorizonX portfolio, following Reaction Engines in April 2018.
Boeing HorizonX Ventures led the Series A funding round with participation from WML, Space Angels and Space Capital. This latest investment will connect the Isotropic team with Boeing experts and resources to help advance the development of its terminal solutions.
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.
Isotropic has redefined the approach to mass distribution of satellite broadband through affordable infrastructure.