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Business/Financial

Boeing HorizonX Leads Investment In SatCom Firm Isotropic Systems

By Cal Biesecker

Wednesday, January 16th, 2019

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Boeing HorizonX Leads Investment In SatCom Firm Isotropic Systems

John Finney, Isotropic Systems founder and CEO. Photo: Isotropic Systems

Boeing [BA] on Wednesday said its HorizonX venture arm has invested in Isotropic Systems, a startup that is developing satellite user terminals for low-cost broadband connectivity. London-based Isotropic said HorizonX led a $14 million Series A funding round that includes WML, Space Angels and Space Capital. Isotropic is developing satellite terminals that it says cost 70 to 95 percent less than conventional phased array and flat panels and that also support at least two independent satellite links and support high-throughput…

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