Redmond, WA – According to filings with the U.S. Securities and Exchange Commission, Kymeta is raising $29,999,999.00 in new funding. Sources indicate as part of senior management President and Chief Operating Officer, Walter Berger 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 Kymeta
Kymeta was formed in 2012 for the express purpose to commercialize metamaterials in satellite communications and building an electronically-steerable antenna for satellite using metamaterial science. Today, Kymeta is unlocking the potential of broadband satellite connectivity, combined with cellular networks, to satisfy the overwhelming demand for communications on the move and making mobile global. Backed by U.S. and international patents and licenses, the Kymeta u8 terminal addresses the need for lightweight, slim, and high-throughput communication systems that do not require mechanical components to steer toward a satellite. Kymeta makes connecting easy for any vehicle, vessel, or fixed platform. Our disruptive technology and innovations are supported by a world-class research and development facility, and a team that includes some of the brightest minds in the industry. Together, we are building and delivering the next generation of satellite and cellular connectivity.

To learn more about Kymeta, visit http://www.kymetacorp.com/

Contact:
Walter Berger, President and Chief Operating Officer
425-896-3700
wberger@kymetacorp.com
https://www.linkedin.com/in/walter-z-berger-b7ba547/

SOURCE: http://www.intelligence360.io
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