QuadSat Secures Key New Seed Funding
QuadSat, a drone-enabled antenna testing company, has closed its $797,000 (700,000 euros) seed round, led by Danish growth fund Vaekstfonden, with participation from Seraphim Capital and existing investors.
The investment will help enable QuadSat to bring its drone platform to the satellite communications industry, initially focusing on maritime and aeronautical applications. QuadSat’s platform uses drone technology to test and calibrate satellite and Very Small Aperture Terminal (VSAT) antennas autonomously, mimicking an orbiting satellite that can simulate a ship or aircraft’s motion. This method helps enable accurate testing while reducing downtime.
QuadSAT originally started as a university project, and is now a startup company. Based at Odense Robotics Start Up Hub, a Danish accelerator program for robotics and drone startups which provides premises and assistance, this investment follows an initial round of investment to establish the company in 2017.