What does Northwood do?
Northwood builds and operates ground stations that communicate with satellites to download and process data, using phased array technology to deliver enhanced connectivity and resilience for space operations.
How much did they raise?
The company secured $30M in a Series A round, led by Alpine Space Ventures and Andreessen Horowitz, with participation from Also Capital, Founders Fund, Box Group, Balerion, Banter Capital, and Humba Ventures.
What are their plans for the money?
Northwood plans to use the funds to scale production and deploy its first operational ground network, a move that could significantly improve the efficiency and reliability of satellite communications.
What have they achieved so far?
The company has already set plans to deploy its first Northwood sites by 2025, marking a key step towards establishing a scalable ground network infrastructure.