CAMBRIDGE, Mass., October 26th, 2021 (Hedron PR) — Analytical Space (the “Company”) today announced that it has closed a $17.8M Series A equity funding round, enabling the firm to accelerate the development of the initial operating capability of the world’s first hybrid optical/RF data relay network. In addition, the Company is officially rebranding to Hedron, effective immediately. Hedron represents a shortening of the polyhedron shape, a reference to the Company’s network topology and core optical communications technology design.
The round was led by Fine Structure Venture, joined by Lockheed Martin Ventures, Republic Labs, Lime Street, and Explorer 1, and existing investors: The Engine, Flybridge, Yard Ventures, NKM Capital, and Space Angels. These funds enable Hedron to expand its U.S. operations to support the company’s growing pipeline of government and commercial business.(more…)