CesiumAstroa developer of advanced aerospace communication systems, has closed an oversubscribed USD60 million Series B fundraising co-led by Airbus Ventures and Forever Ventures, with strategic participation from L3Harris Technologies (NYSE: LHX).
CesiumAstroa developer of advanced aerospace communication systems, has closed an oversubscribed USD60 million Series B fundraising co-led by Airbus Ventures and Forever Ventures, with strategic participation from L3Harris Technologies (NYSE: LHX).
Returning investors include Kleiner Perkins, Lavrock Ventures, Franklin Templeton Blackhorse Fund, and HEICO.
CesiumAstro has raised nearly USD90 million in capital since its founding in 2017. With this latest financing, the company will accelerate the growth of its core research, development, and rapid manufacturing capabilities, and expand its facilities both domestically and abroad.
