Satellite testing and measurement specialist QuadSAT has welcomed the largest ever venture investment in a Danish drone technology company.
The company’s pre-series A investment topped out at a total of €2 million.
The round was led by Seraphim Capital, the world’s first venture fund dedicated to SpaceTech, Vaekstfonden, the Danish state’s investment fund, and Angel Investor, Helge Munk.
Founded in March 2017, QuadSAT’s mobile antenna testing system provides users with affordable, accessible, and accurate antenna testing and calibration.
The system utilises a custom-built RF payload, drone technology, and mathematical algorithms to effectively simulate satellites and perform critical antenna performance tests.
Andrian Buchi, CTO and co-founder, said: “We see a high level of interest for our technology, not only in antenna measurements but also in other test solutions aimed specifically at higher frequencies and at the future mass deployment of mega-constellations.
“This investment allows us to develop the product line to match the industry needs, and to build a strong team able to tackle future challenges.”
Meanwhile, Joakim Espeland, CEO and co-founder, added: “Our solution is the only one that can provide the scalability of test and measurements required for a robust satcom infrastructure to minimize challenges such as dropped calls and internet buffering.”