Akash Systems, Inc., a San Francisco, CA-based enabler of light satellite systems, raised $3.1m seed funding.
The round was led by Khosla Ventures, with participation from Social Capital, Data Collective, Ruvento Ventures, Sriram Krishnan, and Backstage Capital.
The company will use the funds to develop small satellites and the components that power them.
Founded in 2016 by Felix Ejeckam and Ty Mitchell, Akash Systems is focused on developing and supplying small satellites (CubeSats), and the RF Power Amplifiers that power them. A new material, gallium nitride (GaN)-on-Diamond, is at the core of the company’s RF technology and products.
The company plans to move into phase two, working with satellite system makers to design small satellite (Cubesat) systems and their transmitters by 2019.
FinSMEs
30/01/2018