{"id":17567,"date":"2021-04-20T19:30:46","date_gmt":"2021-04-20T11:30:46","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/rbc-signals-raises-1-2m-to-get-ready-for-the-coming-boom-in-satellite-data-traffic\/"},"modified":"2021-04-20T19:30:46","modified_gmt":"2021-04-20T11:30:46","slug":"rbc-signals-raises-1-2m-to-get-ready-for-the-coming-boom-in-satellite-data-traffic","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/rbc-signals-raises-1-2m-to-get-ready-for-the-coming-boom-in-satellite-data-traffic\/","title":{"rendered":"RBC Signals raises $1.2M to get ready for the coming boom in satellite data traffic"},"content":{"rendered":"<figure id=\"attachment_616031\" aria-describedby=\"caption-attachment-616031\" style=\"width: 630px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full-width wp-image-616031\" src=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2021\/04\/210420-groundstation-630x386.jpg\" alt=\"Inuvik ground station\" width=\"630\" height=\"386\" srcset=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2021\/04\/210420-groundstation-630x386.jpg 630w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2021\/04\/210420-groundstation-768x470.jpg 768w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2021\/04\/210420-groundstation.jpg 1208w\" sizes=\"(max-width: 630px) 100vw, 630px\"><figcaption data-nosnippet=\"\" id=\"caption-attachment-616031\" class=\"wp-caption-text\">RBC Signals acquires communication service capacity from the operators of ground stations around the world, including C-CORE\u2019s facility in Inuvik in the Canadian Arctic. (Photo via RBC Signals)<\/figcaption><\/figure>\n<p>Redmond, Wash.-based RBC Signals says it\u2019s closed on a $1.2 million funding round that\u2019s meant to put the venture in position to meet the growing demand for satellite ground station services.<\/p>\n<p>\u201cOne of the primary things we\u2019re doing is positioning ourselves for the future,\u201d RBC Signals\u2019 founder and CEO, Christopher Richins, told GeekWire today. \u201cWe already see an uptick in demand.\u201d<\/p>\n<p>Richins said the newly reported equity round, which he characterized as a \u201clate seed round,\u201d brings the six-year-old startup\u2019s total investment to $3.2 million. A filing with the Securities and Exchange Commission says 15 investors took part in the round.<\/p>\n<p>Richins declined to identify individual investors, but he said the round included new capital as well as debt conversions that are primarily aimed at structuring foreign investment to satisfy anticipated U.S. government requirements.<\/p>\n<p>RBC Signals has agreements to use more than 80 antennas at more than 50 locations in more than 20 countries to communicate with orbiting satellites. Most of those agreements take advantage of spare bandwidth for data delivery.<\/p>\n<p><iframe title=\"SatTV talks to RBC Signals\" src=\"https:\/\/www.youtube.com\/embed\/76YoRuTFaZA?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen=\"\" data-ratio=\"0.5625\" data-width=\"800\" data-height=\"450\" style=\"display: block; margin: 0px; width: 800px; height: 450px;\"><\/iframe><\/p>\n<p>The venture\u2019s clients include Swarm Technologies, Momentus Space&nbsp;and SatRevolution. RBC Signals is also collaborating with Amazon Web Services on AWS Ground Station services. And Richins said that\u2019s just the tip of the iceberg. \u201cWe\u2019re looking forward to a very busy 2021,\u201d he said.<\/p>\n<p>Richins said RBC\u2019s workforce has grown to about a dozen employees, at offices in Europe and the Middle East as well as at the Redmond HQ.<\/p>\n<p>Redmond has become something of a satellite center, primarily due to work being done there for SpaceX\u2019s Starlink broadband data network, Amazon\u2019s Project Kuiper satellite development effort and Kymeta\u2019s hybrid satellite-cellular mobile connectivity service.<\/p>\n<p>\u201cWe\u2019re thrilled to be at the epicenter of what\u2019s going on,\u201d Richins said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RBC Signals acquires communication service capacity from the operators of ground stations around the world, including C-CORE\u2019s facility in Inuvik in the Canadian Arctic. (Photo via RBC Signals) Redmond, Wash.-based RBC Signals says it\u2019s closed on a $1.2 million funding round that\u2019s meant to put the venture in position to meet the growing demand for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[4591,4584,20,442],"class_list":["post-17567","post","type-post","status-publish","format-standard","hentry","category-news","tag-antennas","tag-rbc-signals","tag-satellite","tag-satellites"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/17567"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=17567"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/17567\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=17567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=17567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=17567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}