A US-based communications startup has received $1.5m in seed backing from angel investor Bill Boyle after attending the University of Maryland’s Business and Innovation Showcase.

Astrapi Corporation, which is developing signal modulation technology, secured the funding after meeting the angel investor and Maryland alumnus during the showcase.

Based at the Mtech TAP Incubator on the Maryland campus, Astrapi has patented a spiral-based signal modulation which improves efficiency and provides new ways to transmit information. It’s initial target markets include wireless…

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