Archangel Lightworks Secures £4 million Seed Round to Build Next Generation Lasercom Technology
Summary
Archangel Lightworks laser technology has been developed with support from an expansive set of partners including the , the , , and .The \xa34 million raise will expand the team and fund a series of space-ground demonstrations of the TERRA-M, a miniature optical ground station that adds extra network capacity to deliver resilient and secure wireless connectivity where it is most needed.Richard Johanson, CEO of Archangel Lightworks, says The team and I are thrilled to be making this announcement and could not be more excited to partner with Oxford Science Enterprises as we work to reimagine space connectivity! This investment round will allow us to grow our team, demonstrate our technology, and engage additional partners looking to solve todays biggest connectivity challenges. The Archangel Lightworks team are developing a fundamentally new class of laser communication infrastructure, built specifically to unlock step-changes in the bandwidth, security and coverage of data that moves between Space and Earth. OSE adopts a flexible, long-term investment approach, recognising the path from ground-breaking research to global markets takes time and resilience. It aims to be a first-cheque Super Angel backer for companies that are building new technology infrastructure for our planet and addressing large-scale global challenges: from climate and health to the future of computing and security.