The story
The company completed a $12.4 million Series A funding round in March 2019. In 2020, CesiumAstro expanded its capabilities by opening a spacecraft design and engineering facility in Broomfield, Colorado.
In January 2023, CesiumAstro acquired TXMission, a UK-based developer of software-defined radios and modems, broadening the technology portfolio and establishing a European presence.
In June 2024, CesiumAstro secured an additional $65 million in a Series B+ investment round led by Trousdale Ventures, with participation from the Development Bank of Japan and Quanta Computer, Inc. This brought the company's total equity raised since its founding to $156 million. The proceeds were allocated to scaling R&D, manufacturing, and global operations as the company responded to increased demand for its phased-array communications payloads.
In July 2024 it was awarded a contract by NASA’s Marshall Space Flight Center (MSFC) to deliver radio units for lunar navigation (LunaNet Technology).
From Wikipedia’s article on CesiumAstro, shared under CC BY-SA 4.0.6
