Fleet Space Technologies in big $150 million capital raising

Manufacturing News, Technology

Satellite manufacturer and space-based mineral detection company Fleet Space Technologies has closed a $150 million Series D funding round, led by Teachers’ Venture Growth (TVG), an arm of Ontario Teachers’ Pension Plan. Joined by existing investors Blackbird Ventures, Hostplus, Horizons Ventures, Artesian Venture Partners, and Alumni Ventures, the raising is one of the largest in…

Fleet Space shows two way voice and data communications

Defence, Manufacturing News, Technology

Satellite and space systems manufacturer Fleet Space Technologies has successfully demonstrated two-way voice and data (TVAD) satellite communications for the Australian Defence Force in support of the ASCEND2LEO satellite communication programme. Developed as part of a $6.4 million contract with Defence, Fleet Space’s TVAD demonstration included a full duplex satellite communications system, enabling two-way voice…