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Phasor raises $16m in funding

Flat panel satellite antenna company Phasor reports that it has raised $16 million in new funding from a group of satellite communications mobility companies, financial investors and shareholders.

{mprestriction ids="1,2"}The B-round of funding closed in summer 2017, and will be used to support the commercialisation of Phasor’s first electronically steered antenna products.

“Phasor’s mission is to empower mobile broadband access across all commercial use-cases and markets, and it is on track for commercial release in 2018,” said Dave Helfgott, CEO of Phasor.

“Phasor is very pleased to welcome its new investors, alongside its supportive shareholders and other partners. Phasor is dedicated to meeting the growing, underserved and unmet needs of today’s network-centric travellers, who require broadband access everywhere, whether that is in-flight, at sea or over land.”

Phasor’s antenna is solid-state, with no moving parts, and tracks satellite signals electronically. The equipment can be flat or conformal in design.{/mprestriction}

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