Array Labs<\/b>, a startup focused on building radar payload technology for satellites, has raised $20 million in a new funding round announced Monday. <\/p>\n
Catapult Ventures<\/b> led the round with participation from Washington Harbour Partners<\/b>, Kompas VC<\/b>, and other new and existing investors, including Y Combinator<\/b>, Maiora Capital<\/b>, Animal Capital<\/b>, Aera VC<\/b>, Cultivation Capital<\/b>, and Clearance Ventures<\/b>. This brings total funding raised to $35 million, including a $5 million seed in 2022 and a $10 million round in 2024.<\/p>\n
Array Labs has developed a family of radar instruments that it says can deliver up to 100 times the power of legacy systems at less than 1% of the cost. The company says its technology can be mass-manufactured with techniques used by consumer electronics and telecommunications to lower the cost. <\/p>\n
The startup has three business lines: selling standalone radar payloads; fully integrated satellites or satellite clusters; and 3D imagery and analytics from its own satellite constellation. The company is working toward launching a formation-flying radar satellite cluster.<\/p>\n
\u201cThe radar satellite industry today looks like space launch before SpaceX: dominated by legacy defense contractors building bespoke, expensive systems one at a time,\u201d said Andrew Peterson, co-founder and CEO of Array Labs. \u201cWe\u2019ve assembled a team from the most innovative technology companies in Silicon Valley to do something different: build radar that can be produced at scale, at commercial price points, without sacrificing capability.\u201d<\/p>\n
Array Labs plans to use the financing to scale engineering, product, and go-to-market teams; expand production capacity; complete flight qualification; and advance its satellite constellation. <\/p>\n","protected":false},"excerpt":{"rendered":"
Array Labs, a startup focused on building radar payload technology for satellites, has raised $20 million in a new funding round announced Monday. Catapult Ventures led the round with participation from Washington Harbour Partners, Kompas VC, and other new and existing investors, including Y Combinator, Maiora Capital, Animal Capital, Aera VC, Cultivation Capital, and Clearance […]<\/p>\n","protected":false},"author":1,"featured_media":47788,"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":[],"class_list":["post-47787","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/47787"}],"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=47787"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/47787\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/47788"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=47787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=47787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=47787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}