Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

ALL.SPACE secures $44m funding to advance satellite communications technology

by
October 2, 2024
in Top News
0
ALL.SPACE secures $44m funding to advance satellite communications technology
0
SHARES
23
VIEWS
Share on FacebookShare on Twitter

ALL.SPACE, an advanced communications firm known for its cutting-edge technology used in military operations, has raised $44m (£33m) in a new funding round led by defence-focused investment firm Boka Group, which recently appointed former UK defence secretary Ben Wallace as a partner.

The funding, supported by blue-chip investors such as Seraphim Space, AE Ventures, and Promus Ventures, will enable ALL.SPACE to move forward with the commercial launch of its new satellite terminal. This capital injection brings the total investment in the company to $160m (£120m) since its launch, following a $14m Series A round in 2019.

ALL.SPACE, which employs nearly 170 people, provides advanced multi-orbit, multi-network connectivity solutions across air, land, sea, and space, addressing the need for resilient, high-speed communications in complex civilian and military environments. The company’s proprietary technology is designed to eliminate communication interruptions, ensuring seamless operations in remote or dynamic settings.

Paul McCarter, CEO of ALL.SPACE, emphasised the importance of the investment in supporting the company’s mission to deliver critical connectivity solutions, particularly in defence and space industries. He noted that the backing from investors reflects confidence in ALL.SPACE’s vision and the growing demand for reliable global communications in challenging environments.

Boka Group’s managing partner, John James, praised ALL.SPACE for its leadership in transforming global communication networks, highlighting the firm’s potential to enhance operational effectiveness in industries like defence and aerospace, where seamless connectivity can be a matter of life and death.

ShareTweetPin

Related Posts

Have a taste of the perfect day in paradise with SULÀ Spirits
Top News

Have a taste of the perfect day in paradise with SULÀ Spirits

January 8, 2025
First months of 2025 likely rainy amid La Niña conditions, says PAGASA
Top News

First months of 2025 likely rainy amid La Niña conditions, says PAGASA

January 8, 2025
December inflation rises to 2.9%
Top News

December inflation rises to 2.9%

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
PHL end-December dollar reserves drop to $106.8B
Top News

PHL end-December dollar reserves drop to $106.8B

January 7, 2025
Next Post
Rayner proposes flexible probation periods to reduce long-term sickness leave

Rayner proposes flexible probation periods to reduce long-term sickness leave

Recommended

Kimberly Grant Combines Traditional Strategy with Creative Vision to Lead Hospitality Brands

Kimberly Grant Combines Traditional Strategy with Creative Vision to Lead Hospitality Brands

December 11, 2024
NAIA operator hikes fees for airlines starting this month

NAIA operator hikes fees for airlines starting this month

October 2, 2024
Used car sales climb as consumers shy away from new vehicles

Used car sales climb as consumers shy away from new vehicles

November 7, 2024
Solaire’s Waterside sizzles with four hands

Solaire’s Waterside sizzles with four hands

November 13, 2024
NGCP defends higher transmission rate for September

NGCP defends higher transmission rate for September

September 12, 2024
Nickel Asia in talks to sell Coral Bay stake to Sumitomo Metal

Nickel Asia in talks to sell Coral Bay stake to Sumitomo Metal

January 7, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    WALKER LANE PROVIDES UPDATE ON LATE FILING OF FINANCIAL STATEMENTS

    WALKER LANE PROVIDES UPDATE ON LATE FILING OF FINANCIAL STATEMENTS

    February 13, 2026
    Albemarle Lifts Lithium Demand Forecast as Energy Storage Surges

    Albemarle Lifts Lithium Demand Forecast as Energy Storage Surges

    February 13, 2026
    Prismo Metals Advances to Drilling at Historic Silver King Silver Project with Permit Approval and Contractor Engagement

    Prismo Metals Advances to Drilling at Historic Silver King Silver Project with Permit Approval and Contractor Engagement

    February 12, 2026
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 investdailypro.com | All Rights Reserved

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Thank you

    Copyright © 2026 investdailypro.com | All Rights Reserved