{"id":17747,"date":"2020-04-06T17:55:05","date_gmt":"2020-04-06T09:55:05","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/boeing-horizonx-adds-to-its-investment-in-australias-myriota-iot-satellite-venture\/"},"modified":"2020-04-06T17:55:05","modified_gmt":"2020-04-06T09:55:05","slug":"boeing-horizonx-adds-to-its-investment-in-australias-myriota-iot-satellite-venture","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/boeing-horizonx-adds-to-its-investment-in-australias-myriota-iot-satellite-venture\/","title":{"rendered":"Boeing HorizonX adds to its investment in Australia\u2019s Myriota IoT satellite venture"},"content":{"rendered":"<figure id=\"attachment_557167\" aria-describedby=\"caption-attachment-557167\" style=\"width: 630px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full-width wp-image-557167\" src=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2020\/04\/200406-myriota-630x396.jpg\" alt=\"Myriota satellite\" width=\"630\" height=\"396\" srcset=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2020\/04\/200406-myriota-630x396.jpg 630w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2020\/04\/200406-myriota-1260x792.jpg 1260w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2020\/04\/200406-myriota-768x483.jpg 768w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2020\/04\/200406-myriota-1536x965.jpg 1536w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2020\/04\/200406-myriota.jpg 1631w\" sizes=\"(max-width: 630px) 100vw, 630px\"><figcaption data-nosnippet=\"\" id=\"caption-attachment-557167\" class=\"wp-caption-text\">An artist\u2019s conception shows one of Myriota\u2019s satellites in orbit. (Myriota Illustration)<\/figcaption><\/figure>\n<p>Boeing\u2019s HorizonX venture capital arm is participating in a $19.3 million Series B funding round for Myriota, an Australian startup that\u2019s building a satellite constellation for the Internet of Things. This marks Boeing\u2019s second investment in the company.<\/p>\n<ul>\n<li>The new round is led by Hostplus and Main Sequence Ventures, with Boeing joining other investors that include In-Q-Tel, Right Click Capital, Singtel Innov8, South Australian Venture Capital Fund and former Australian Prime Minister Malcolm Turnbull. Myriota\u2019s total funding has reached more than $37 million, including the $15 million Series A round that included Boeing in 2018.<\/li>\n<li>Myriota aims to connect billions of devices around the world using low-power communication modules and a constellation of low-cost satellites. Myriota says the Series B investment should help the company boost its constellation to 25 satellites by 2022, and boost its workforce as well.<\/li>\n<li>HorizonX is Boeing\u2019s channel for investing in startups working on technologies with potential aerospace applications, ranging from 3-D printing and autonomous systems to satellite communications and hypersonic flight. Boeing doesn\u2019t typically say exactly how much it\u2019s investing, but the figures tend to be in the multimillion-dollar range.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>An artist\u2019s conception shows one of Myriota\u2019s satellites in orbit. (Myriota Illustration) Boeing\u2019s HorizonX venture capital arm is participating in a $19.3 million Series B funding round for Myriota, an Australian startup that\u2019s building a satellite constellation for the Internet of Things. This marks Boeing\u2019s second investment in the company. The new round is led [&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":[1294,51,4841],"class_list":["post-17747","post","type-post","status-publish","format-standard","hentry","category-news","tag-internet-of-things","tag-iot","tag-myriota"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/17747"}],"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=17747"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/17747\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=17747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=17747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=17747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}