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The new funding will enable QuadSAT to recruit top talent and expand its operations.
QuadSAT's testing solution has attracted attention within the satellite industry.
QuadSAT ApS has secured €9 million in funding.
QuadSAT provides a cost-effective, scalable, and precise way to test antennas and satellite systems in operation.
With the new funding, QuadSAT aims to scale up its operations, expand its product range, and increase customer access to its technology.
Joakim Espeland is the CEO of QuadSAT.
Torben Frigaard Rasmussen is the Chairman of the Board at QuadSAT.
QuadSAT makes it possible to accurately measure and calibrate antennas and satellite systems anywhere in the world.
Quadsat hopes to expand its operations to other countries in Europe and beyond.
Testing for Ka-band and other frequencies currently requires an onsite Quadsat engineer.
Quadsat seeks to expand its drone-based testing services to other ground-based RF systems, such as radars on navy ships.
Satellite operators that have used Quadsat drones to test antennas include Eutelsat, SES, and OneWeb.
Quadsat's existing investors participated in the latest funding round, including Seraphim Space, Vækstfonden, and angel investors Torben Frigaard Rasmussen and Helge Munk.
Quadsat’s quadcopters fitted with custom radio-frequency payloads can verify ground segments more efficiently outside laboratory conditions.
Quadsat offers a substitution model where the company provides testing services on-site at the ship instead of requiring the ship to travel to a testing site.
Quadsat has raised 16 million euros when including government grants.
Quadsat has tested its service with the Royal Danish Navy.
IQ Capital is a new investor for Quadsat.
Quadsat has raised a total of 12.5 million euros from venture capital since its founding in 2017.
The funds raised will help accelerate the production of Quadsat’s ready-to-fly antenna testing kits.