According to filings with the U.S. Securities and Exchange Commission, Psionic is raising $6,000,000.00 in new funding. Sources indicate that as part of senior management President and Chief Executive Officer, Sean Kish 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 Psionic
Psionics proprietary navigation and perception technology improves performance, safety, and precision in the most challenging environments on Earth and in Space. Every day we work to solve challenging problems for some of our nation’s most important public and private organizations. Psionic has grown to nearly 50 engineers and people who are working to improve the core technology’s speed and performance while reducing the size, weight, and power—which has been awarded additional patents. Further development to miniaturize the technology to a photonics integrated circuit chip has been funded in part by technology development grants from NASA and is slated to be available for production in late 2023. Psionic is headquartered in Hampton, Virginia, and is privately held.

To learn more about Psionic, visit http://psionic.ai/

Contact:
Sean Kish, President and Chief Executive Officer
703-304-1771
https://www.linkedin.com/in/seankish/

SOURCE: http://www.intelligence360.io
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