Cascade Space Reels In $5.9 Million Seed Funding

<p><strong>SAN FRANCISCO<&sol;strong> &&num;8212&semi; Cascade Space&comma; a platform for end-to-end communication system design&comma; test&comma; and operation&comma; has raised &dollar;5&period;9 million in seed funding&period; The round included participation from Nova Threshold&comma; Undeterred Capital&comma; Y Combinator&comma; Night Capital&comma; Olive Capital&comma; Valkyrie Ventures&comma; Karman Ventures&comma; Palm Drive Capital&comma; Garage Capital&comma; TRAC&comma; Aurelia Foundry&comma; Hawktail&comma; MGV&period;VC&comma; Pioneer Fund&comma; Liquid 2 Ventures&comma; and others&period;<&sol;p>&NewLine;<p>The funding will accelerate the development of the Cascade Portal&comma; a platform for satellite communication system design&period; Cascade recently released the spacelink Python library open-source&period; This library contains functions for communication system analysis that is used in the Cascade Portal implementation&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Our mission at Cascade Space is to provide tools and infrastructure for spacecraft communication system design&comma; test&comma; and operations that will allow our customers to ship faster with the highest levels of mission assurance&comma;” said Jacob Portukalian&comma; co-founder and CEO of Cascade&period; &OpenCurlyDoubleQuote;Communication system design&comma; test&comma; and operation is a major bottleneck for space companies&comma; especially those going to lunar and deep space&period; We have a team of veteran space engineers from SpaceX and Astra and we are stoked to be building the end-to-end platform to accelerate space exploration&period;”<&sol;p>&NewLine;

Editor

Uber Investing $300 Million in Rivian

SAN FRANCISCO & IRVINE, CA -- Uber Technologies announced it will invest $300 million --…

19 hours

NVIDIA Releases NemoClaw for OpenClaw Platform

NVIDIA, at its GTC conference, has announced the NVIDIA NemoClaw stack for the OpenClaw agent platform…

2 days

Super Micro Stock Plunges After Co-Founder Charged

Super Micro Computer shares plunged by 33% Friday after a co-founder of the company was…

2 days

PayPal Brings Stablecoin to 70 Markets

SAN JOSE -- PayPal is making PayPal USD (PYUSD) available in 70 markets worldwide in…

4 days

Uber Eats Raises Rates for Restaurants

Uber Eats has raised commission fees for restaurant orders on its marketplace. The changes affect…

4 days

Genspark Extends Series B to $385 Million

PALO ALTO -- Genspark.ai announced the launch of Genspark Claw, introduced as users’ first “AI employee.”…

6 days