QuadSAT, an Odense, Denmark-based drone-enabled antenna testing company, closed a £700 seed funding round.
The round was led by Vaekstfonden, the Danish Growth Fund, with participation from Seraphim Capital and existing investors.
The company intends to use the funds to bring its drone platform to the satellite communications industry, initially focusing on maritime and aeronautical applications.
Founded in March 2017 and led by Joakim Espeland, CEO, QuadSAT provides a platform that uses drone technology to test and calibrate satellite and VSAT antennas autonomously, mimicking an orbiting satellite that can simulate a ship or aircraft’s motion.
Combining the drone technology with a simulated satellite payload and mathematical algorithms, the company’s simplifies the requirements for satellite antenna testing, qualification and calibration. In addition, use of QuadSAT’s products reduces vessels and aircraft downtime for such testing procedures, reducing operational expenses. As well as satellite antenna qualification and calibration, the platform can also be used to identify interference to satellite transmissions with pinpoint accuracy, which is vital to minimize inadvertent or other rogue interference. Customers include the some of the world’s leading satellite operators, satellite antenna manufacturers, VSAT network operators’ maintenance teams and antenna testing facilities.
Based at Odense Robotics Start Up Hub, a Danish accelerator program for robotics and drone startups, which provides premises and expert assistance, the company was one of six companies to take part in Mission 1 of Seraphim Space Camp, a UK accelerator for space-tech startups backed by Seraphim Capital.
The company recently set up an office in Harwell, UK.
FinSMEs
25/01/2019