Phasor Inc., the leading developer of commercial, phased array antenna systems for the growing wideband mobile broadband market, announced today that it has raised $16 million from a group of leading satellite communications mobility companies, financial investors and shareholders.
This B-Round funding, which closed this summer, allows Phasor to advance commercialization of its first electronically steered antenna products, and to further develop next generation technologies for commercial passenger vehicles and the satellite operators and mobile network services providers who serve them.
Participating in this round were several corporate/strategic investors, two large family offices and an investment fund, together with existing shareholders.
“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.”
For further information, and to view our informational videos, please visit http://phasorsolutions.com/featured-content
About Phasor Inc.
Phasor Inc. is a leading developer of high throughput, enterprise-grade, modular phased array antennas, headquartered in Washington DC, with a technology development subsidiary in London. Phasor’s electronically steerable antennas are based on patented innovations in dynamic beam forming technologies and system architecture. Phasor’s mission is to enable high-speed broadband communications while in-flight, at sea or travelling over land. For more information please visit www.phasorsolutions.com