Boeing HorizonX has led the satellite communication technology developer's series B round, investing alongside Allied Minds.
Aerospace manufacturer Boeing has invested an undisclosed amount in BridgeSat, a US-based developer of optical data transmission technology, to lead a series B round sized at $10m.
Intellectual property commercialisation firm Allied Minds also participated in the round, while Boeing invested through its HorizonX Ventures subsidiary. BridgeSat has not revealed details of earlier funding.
Founded in 2015, BridgeSat is setting up a network of ground stations that will transmit optical data through space terminals. It has secured a contract with…
