Kymeta produces metamaterial-based flat-panel satellite antennas, terminals, and bundled services designed for mobile high-throughput connectivity with no moving parts. Its low-power, high-bandwidth terminals support multi-orbit connectivity from LEO to GEO and are used by military, government, enterprise, and maritime customers. The company offers a complete product family and says its solutions enable hybrid satellite-cellular communications on vehicles, vessels, aircraft, and fixed platforms. Kymeta is focused on evolving its u8 product family (Ku-band) and plans to bring the product family into the Ka-band in the future, while developing second- and third-generation technologies to improve efficiency and reduce costs. The company reports strong market momentum, global partnerships, and demonstrated interoperability with LEO and GEO constellations. Kymeta is privately held and based in Redmond, Washington. Kymeta develops flat-panel, metamaterial-based satellite antennas and hybrid satellite-cellular connectivity services (Kymeta Connect) aimed at providing seamless communications on the move. Its flat-panel terminal is described as the first of its kind: lightweight, slim, high-throughput, and without mechanical components to steer toward a satellite. The company commercialized its next-generation antenna, terminal, and services on November 30, 2020, and offers solutions for vehicles, vessels, and fixed platforms. Kymeta targets both commercial and government markets and positions its LEO-upgradeable solutions for latency-sensitive and highly mobile applications. The company is privately held and based in Redmond, Washington. Kymeta announced a $30 million equity investment from Hanwha Systems to back development of its next-generation products and accelerate production and market expansion. Kymeta develops smart, powered, flat-panel antennas designed to improve satellite and cellular connection strength. Its antennas are electronically steered and require no moving parts, making them suitable for aircraft, ships, and other transportation use cases where traditional dishes are impractical. The dynamic panels can track and adjust to low Earth orbit satellite constellations, offering advantages over legacy geostationary systems. Since its debut in 2015, Kymeta has productized its technology and added a significant number of customers, particularly in defense, mobility, and public safety. The company raised $85.2 million in a new funding round led by Bill Gates. The proceeds are intended to speed product development and commercialization of its technology. Kymeta is a Redmond, WA developer of metamaterials-based, software-steered satellite antennas and terminal systems. Its core products include flat, electronically steerable Ku-band mTenna antenna subsystem modules (ASMs) and fully integrated KyWay Terminals that eliminate bulky mechanical steering. The mTenna technology provides electronic RF beam-steering with polarization selection and angle control, low power requirements, and a weather-facing flat radome. Kymeta has partnered with Intelsat since 2015 to optimize its mTenna ASMs for the Intelsat EpicNG high-throughput satellite platform. Intelsat plans to use Kymeta hardware in a separate KALO satellite service offered by-the-gigabyte and designed to move between EpicNG satellites. Commercial trials of Kymeta mTenna were slated for May. Financially, the company has received substantial venture funding, including a recent equity infusion reported in an SEC filing. Kymeta develops software-enabled metamaterials-based electronic beamforming antennas for satellite communications, commercializing its ultra-thin mTenna™ suite. The mTenna products use a holographic approach to electronically acquire, steer and lock a beam to any satellite. The company is led by CEO Dr. Nathan Kundtz and is Redmond, Wash.-based. Kymeta closed a $62m Series D financing to support product build and commercialization. The company intends to use the funds to build its smart antennas for high-volume markets. No operating metrics were disclosed in the article.

Total raised

$417M

Funding rounds

8

Latest round

Equity

Latest activity

Mar 2022