Ramon.Space, a Palo Alto and Yokneam, Israel-based provider of space computing solutions, raised $17.5M in Series A funding.
The round includes StageOne Ventures, Deep Insight, WorldQuant Ventures, UMC Capital and existing investor Grove Ventures.
The capital will be used to continue development of the company’s computing solutions, support its expanding US and Israel operations, and expand the team globally.
Led by Avi Shabtai, CEO, Ramon.Space builds space super-computing systems for space applications to be developed, updated and adapted in real-time, which creates new possibilities for new space satellite payloads and deep space missions. The company’s computing and storage platform leverages Manycore ML/AI/DSP processing technology to power next generation earth observation, communications and data processing applications.
The company’s proven technology is already deployed in space and used in many satellites and more than 50 space missions across the solar system – with zero failures.