Boeing HorizonX and SES Engineering both strapped themselves into the satellite technology developer's latest round, bringing its overall funding to about $60m.
UK-based broadband terminal producer Isotropic Systems has secured over $40m in a funding round led by satellite communications network provider SES Engineering Services.
Boeing HorizonX Ventures, the strategic investment arm of aerospace technology producer Boeing, also took part in the round, as did Orbital Ventures, Space Angels, Firmament Ventures and the UK government’s Future Fund.
Isotropic is designing and developing terminals that enable satellites to communicate with each other. The antennae are intended to offer low-cost bandwidth to customers in…