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July 9, 2013

Kymeta Raises $50 Million for Broadband Satellite Antennas

July 9th, 2013 Kymeta, a start-up based in Redmond, Washington, closed a $50 million Series C financing for its Metamaterials […]

July 9th, 2013

Kymeta, a start-up based in Redmond, Washington, closed a $50 million Series C financing for its Metamaterials Surface Antenna Technology (MSA-T). The company was incubated by Intellectual Ventures and is backed by investments from Bill Gates, Liberty Global and Lux Capital.
kymeta Broadband Satellite Antennas

Kymeta has said its mTenna product line will simplify the satellite connection needed for broadband Internet on the go, anywhere in the world. The company uses metamaterials to manipulate electromagnetic radiation to electronically point and steer a radio signal toward a satellite. The technology could be used to maintain a continuous broadband link between a satellite and a moving platform such as an aircraft, car or boat. The metamaterials could be manufactured using established lithographic techniques.  The technology will be used in flat, thin, light, and highly adaptable antennas and communication terminals.

Kymeta has already demonstrated a metamaterials-based antenna establishing a connection with a Ka-band satellite. The connection used an aperture size of 15 by 17 inches and was about one centimeter thick. The antenna was powered by a USB cable using less than three watts of power to drive the electronic beamforming antenna.

In the latest funding round, existing Kymeta investors including Bill Gates, Lux Capital and Liberty Global were joined in the financing by Osage University Partners and The Kresge Foundation.

Read more at Converge Network Digest

About Kymeta

The world’s demand for ubiquitous mobile connectivity is irrefutable. A global, mobile network is the answer to connecting people and places that have never been connected before.

Kymeta is making seamless, always-connected mobile communications possible with a unique hybrid approach that enables satellite and cellular networks to deliver a single, global, mobile network. End-to-end mobile communications are delivered with Kymeta K?LO™ connectivity services, and the world’s first and only electronically-steered, flat-panel satellite terminal that goes places traditional satellite dishes cannot. Backed by U.S. and international patents and licenses, the Kymeta KyWay™ terminal makes high-throughput, mobile communications possible in cars, trains, buses, trucks, boats, and much more.

If it moves, Kymeta keeps it connected.

For more information, visit kymetacorp.com and KALO.net.

Business Inquiries for Kymeta
Sam Christensen Marketing Kymeta
+1 425.658.8703
Media Inquiries for Kymeta
Melanie McBride Vice President, Content and PR The Summit Group
+1 801.990.8464