Kirkland Washington based Echodyne is raising $20,000,000.00 in a new round of Venture Capital investment.
Kirkland, WA – According to filings with the U.S. Securities and Exchange Commission, Echodyne is raising $20,000,000.00 in a new round of investment. Sources indicate as part of senior management Chief Executive Officer, Eben Frankenberg 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 Echodyne
Echodyne makes revolutionary compact solid-state beam-steering radar sensors for a range of existing and new applications for industry and government. Our high-performance radars are reliable in all lighting, weather conditions, and physical environments. Echodyne combines patented Metamaterial Electronically Scanning Array (MESA) technology and Acuity intelligent radar software to achieve maximum radar performance at commercial price points, often pennies on the dollar for comparable capabilities. Echodyne offers its radars to the Automotive, Perimeter and Border Security, Security Integrator, Airspace Management, UAS Service Suppliers (USS), and commercial Unmanned Aircraft Systems (UAS) industries.
To learn more about Echodyne, visit http://echodyne.com/
Contact:
Eben Frankenberg, Chief Executive Officer
425-454-3246
eben@echodyne.com
https://www.linkedin.com/in/eben-frankenberg-b428bb/
SOURCE: http://www.intelligence360.io
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