FreeFall Aerospace has filed a notice of an exempt offering of securities to raise $4,000,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, FreeFall Aerospace is raising $4,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Dan Geraci played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About FreeFall Aerospace
FreeFall Aerospace is developing innovative antenna solutions for small spacecraft, fixed and mobile ground stations, and aerial platforms. These lightweight, low-power antennas are ideally suited to support the new LEO/MEO satellites for continuous global communications with efficient beam steering and consistent high gain at a fraction of the cost of existing solutions. FreeFall develops space and ground systems using spherical reflector technology derived from radio astronomy and planetary exploration research. This expertise provides a new perspective on the challenges of high-frequency satellite communication. FreeFalls technology also has the potential to revolutionize communication for small UAVs and other aerial platforms for efficient Over-The-Horizon command, control, and communication. Various commercial and government organizations recognize FreeFalls approach as potentially disruptive and of high value. Located in Tucson, Arizona, FreeFall maintains a close working relationship with the University of Arizona, which serves as a continuous source of innovative concepts and a force multiplier for technology and product development. FreeFall Aerospace earned the 2019 Startup Innovator of the Year Award by the Arizona Commerce Authority and Arizona Technology Council. In early 2021 the company expanded its headquarters in the heart of mid-town Tucson, featuring an open floor plan with large windows, standing desks, lab space, and flexible work hours. This collaborative culture emphasizes creativity, teamwork, inclusion, and innovation. FreeFall Aerospace is an active member of the Arizona Technology Council. The company also participates in educational programs for youth in STEM with the following organizations: SheTech, TenWest, SARSEF, WISE, and the Metropolitan Education Commission.
To learn more about FreeFall Aerospace, visit http://www.freefallaerospace.com/
Contact:
Dan Geraci, Chief Executive Officer
818-454-8921
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