Rendering of Commcrete’s Flipper product. Photo: Commcrete

Commcrete, a new Israeli deep-tech satellite communications solutions company, has raised close to $30 million through its Seed and Series A rounds. The company is looking to deliver next generation tactical satellite communication systems for emergency, remote commercial operations, and defense. The company announced the $29 million funding boost, Sept. 30.

The funding supports global expansion for Commcrete as it looks to gain adoption for its ultra-compact satellite communication systems by defense, security, and emergency organizations around the world. The latest $21 million Series A was led by Greenfield Partners, with participation from Redseed Ventures and existing investors, building on a Seed round backed by Prof. Amnon Shashua, founder of Mobileye, together with Q Fund and private angels.

The company has an interesting back story. The company’s founders are veterans of Israeli defense technology units and set out to design what they believe is the first handheld, omni-directional system that delivers continuous voice and data links without the need for massive antennas or clear sky access.

The company’s first product, Flipper, converts any radio whether it be military-grade hardware of a walkie-talkie into a satellite-enabled system. Its second product, Stardust is a multi-channel satcom communicator with Commcrete’s proprietary chipset that enables voice, text, file transfer, location tracking, and distress signaling working simultaneously over satellite networks. A third product, Bittel, extends this capability to vehicles and other platforms. Commcrete says its products are in use 28 countries.

“It’s time satellite communications finally delivered what operators always needed but could never get. Commcrete transformed massive platforms into truly tactical systems built entirely around the user, with uncompromising quality and extreme reliability. We’ve supported extensive missions worldwide – from North America to the Pacific, proving our breakthrough technology as the only satellite communications that works tactically, anywhere, under any condition,” Itzik Daniel Michaeli, co-founder and CEO of Commcrete, said in a statement.

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