AeroSat Lands $14,000,000 New Funding Round

  • Feed Type
  • Date
    5/27/2008
  • Company Name
    AeroSat
  • Mailing Address
    P.O. Box 176 Temple, NH 03084
  • Company Description
    AeroSat Corporation develops, produces and distributes mobile wireless communications solutions to increase the flow of information to and from people on the move, whether on land, on sea, or in the air. From its patented core technologies, the company has created a product line of antennae for corporate and commercial aircraft. These antennae enable the worldwide reception of television in aircraft, two-way satellite communications, and aircraft-to-aircraft communications.
  • Website
    http://www.aerosat.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $14,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The proceeds will allow the company to continue expanding its product line and production capacity.
  • M&A Terms
  • Venture Investor
    Par Capital Management
  • Venture Investor
    Undisclosed

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