Neural Propulsion Systems (NPS) develops digital imaging radar technology centered on its Atomic Norm Radar software, which is designed to run on multiple hardware platforms. Its Atomic Sensing Platform and radar algorithms aim to provide enhanced, reliable radar resolution and precision for mobility and defense applications. The company says the technology can potentially achieve performance improvements of over 10× compared with current radar capabilities and is targeting the $28 billion radar market. NPS positions its software to work with all radar hardware to improve sensing performance at lower cost and greater efficiency. Led by CEO and founder Dr. Behrooz Rezvani, the company intends to use recent funding to further develop and apply its Atomic Sensing Platform to automotive radar technology. NPS serves applications across the mobility and defense industries.

Total raised

$18M

Funding rounds

1

Latest round

Series B

Latest activity

Mar 2024