Kymeta, founded in 2012, is a communications company specializing in flat panel satellite antennas and related technology, headquartered in Redmond, Washington. They are known for their metamaterial-based electronically steered antennas, like the u8 terminal, which provide mobile broadband connectivity via satellite and hybrid satellite-cellular networks. Kymeta partners with companies like OneWeb and Intelsat and serves government, military, maritime, transport, and public safety clients globally, offering solutions for connectivity on the move. Associated keywords include: flat panel antennas, satellite communications, mobile connectivity, metamaterials, electronically steered antennas.
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Kymeta selected Santander Teleport to align its support offering geographically and linguistically with customers in the European region and beyond.
Santander Teleport is a technical facility characterized by Santander Teleport as best-in-class for supporting Kymeta’s 24×7 service across the Kymeta platform.
Santander Teleport and Kymeta Corporation will partner to open a technical and customer support center at Santander Teleport facilities in Spain.
Kymeta launched its next-generation antenna, terminal, and services in 2020-10-01.
Lepton Global Solutions, a Kymeta company, hosts Kymeta’s satellite connectivity solutions and offers turnkey bundled solutions.
Kymeta’s TRANSEC service provides compliance with Federal and DoD standards including DoD Instruction 8523.01 dated January 2021.
The capital raised from Hanwha Systems is anticipated to support increased unit production, an enhanced customer experience, and the ongoing development of Kymeta’s next-generation capabilities.
Hanwha Systems signed an agreement to invest $30,000,000 to back the development of Kymeta’s Kymeta u8™ and Kymeta Connect™ solutions.
The $30,000,000 investment in Kymeta is intended to further Kymeta’s global market reach, accelerate production of Kymeta products and solutions, and improve Kymeta’s overall growth trajectory.
Hanwha Systems aims to support Kymeta’s metamaterial-based antenna technology and gain a foothold in the rapidly growing LEO antenna market.
Kymeta Corporation completed a company recapitalization and raised approximately $85,000,000 in funding led by Bill Gates.
Kymeta planned the market launch of the u8 terminal for the fourth quarter of 2020.
During Kymeta’s prototype trials, the u8 terminal achieved 100% connectivity on the move with line-of-sight using either satellite or cellular connections.
The Kymeta u8 terminal supports 2 GHz bandwidth across the full Ku-band.
Members of Kymeta’s leadership team personally invested approximately $1,000,000 in the funding round led by Executive Chairman Doug Hutcheson.
Kymeta secured approximately $85,000,000 in financing led by Bill Gates to accelerate product development and commercialization of the Kymeta u8 and Kymeta Connect.
The Kymeta u8 covers the full Ku-band and is designed to be LEO upgradeable.
The capital raise is Kymeta's fourth publicly announced since forming in 2012, bringing total disclosed funding to $282,200,000.
On 2020-08-18, Kymeta acquired Lepton Global Solutions, a Virginia-based company that provides turnkey connectivity solutions to the intelligence community and other government customers.
Kymeta raised $85,200,000 in a funding round led by Bill Gates on 2020-08-25.