Somerville, MA – According to filings with the U.S. Securities and Exchange Commission, Altaeros Energies is raising $34,815,717.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Ben Glass 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 Altaeros Energies
Altaeros mission is to connect people, machines and data, no matter where they happen to be located. Founded at MIT in 2010, we are focused on developing and deploying innovative real-world infrastructure solutions to solve the most difficult infrastructure challenges. Altaeros SuperTower solution is a tethered, aerial cell tower designed to extend communication networks to areas in need. SuperTowers float over ~1000 feet off the ground and can carry a variety of payloads including 4G, 5G, IoT, fixed wireless, environmental monitoring, and others. Each SuperTower can replace numerous ground-based towers, offering a quicker and less expensive way to build communications infrastructure or roll out new technologies.

To learn more about Altaeros Energies, visit http://www.altaeros.com/

Contact:
Ben Glass, Chief Executive Officer
617-863-6195
ben@altaeros.com
https://www.linkedin.com/in/bwglass/

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