{"id":63270,"date":"2019-01-16T21:22:34","date_gmt":"2019-01-16T13:22:34","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/boeing-horizonx-leads-investment-in-satcom-firm-isotropic-systems\/"},"modified":"2019-01-16T21:22:34","modified_gmt":"2019-01-16T13:22:34","slug":"boeing-horizonx-leads-investment-in-satcom-firm-isotropic-systems","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/boeing-horizonx-leads-investment-in-satcom-firm-isotropic-systems\/","title":{"rendered":"Boeing HorizonX Leads Investment In SatCom Firm Isotropic Systems"},"content":{"rendered":"<\/p>\n<p><strong>Boeing<\/strong>&nbsp;on Wednesday said its HorizonX venture arm has invested in&nbsp;<strong>Isotropic Systems<\/strong>, a startup that is developing satellite user terminals for low-cost broadband connectivity.<\/p>\n<p>London-based Isotropic said HorizonX led a $14 million Series A funding round that includes&nbsp;<strong>WML<\/strong>,&nbsp;<strong>Space Angels<\/strong>&nbsp;and&nbsp;<strong>Space Capital<\/strong>.<\/p>\n<p>Isotropic is developing satellite terminals that it says cost 70 to 95 percent less than conventional phased array and flat panels and that also support at least two independent satellite links and support high-throughput satellite bandwidth capacity.<\/p>\n<p>\u201cIsotropic\u2019s solution allows for increased capabilities at reduced costs for satellite service providers,\u201d Brian Schettler, managing director of Boeing HorizonX Ventures, said in a statement. \u201cThis investment accelerates the expansion of space-based connectivity services to the mass market and continues Boeing\u2019s leadership in space innovation.\u201d<\/p>\n<p>Isotropic said the investment will speed the commercialization of its technology and allow it to explore new applications in adjacent markets. On its website, Isotropic touts a number of potential customers including commercial maritime, passenger aircraft, buses, consumers, river ferries, rail, mobile backhaul, and defense.<\/p>\n<p>\u201cBoeing\u2019s investment provides our team access to Boeing experts, testing labs, and other valuable resources to fast-track the deployment of our terminal solutions and to leverage our intellectual property across other space-based and wireless connectivity applications,\u201d John Finney, founder and Chief Executive Officer (CEO) of Isotropic, said in a statement. \u201cWith Boeing, we aim to connect individuals and enterprises on a scale that has never been seen before.\u201d<\/p>\n<p>HorizonX typically makes small investments in startups and technology innovators to help them scale up in areas aligned with market trends in aerospace. The venture arm has also invested in other satellite and space-related firms, including&nbsp;<strong>Myriota<\/strong>,&nbsp;<strong>BridgeSat Inc.<\/strong>, and&nbsp;<strong>Accion Systems<\/strong>. Last April, it also invested in United Kingdom-based&nbsp;<strong>Reaction Engines<\/strong>, which is developing hypersonic propulsion technology for aircraft and rockets.<\/p>\n<p><em>This article was originally published in our sister publication Defense Daily.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boeing&nbsp;on Wednesday said its HorizonX venture arm has invested in&nbsp;Isotropic Systems, a startup that is developing satellite user terminals for low-cost broadband connectivity. London-based Isotropic said HorizonX led a $14 million Series A funding round that includes&nbsp;WML,&nbsp;Space Angels&nbsp;and&nbsp;Space Capital. Isotropic is developing satellite terminals that it says cost 70 to 95 percent less than conventional [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":63271,"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-63270","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\/63270"}],"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=63270"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/63270\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/63271"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=63270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=63270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=63270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}