Overview
- Aalyria closed a $100 million Series B valuing the company at $1.3 billion, led by Battery Ventures with participation from J2 Ventures and DYNE, and Google retains a stake.
- The company says the funds will scale Spacetime, its real-time network orchestration platform, and Tightbeam, its high-speed optical laser terminals for space, air, sea, and ground links.
- Telesat plans to integrate Spacetime into its Lightspeed low Earth orbit constellation, describing the software as a performance and resiliency enabler for the network.
- Government and research partners include NASA, the U.S. Air Force, the Defense Innovation Unit, the European Space Agency, and Telesat, with prior demonstrations under DIU’s hybrid space architecture effort.
- Aalyria has about 90 employees and plans to grow headcount by at least one-third over the next year, while investors say the round could position the company to launch its first constellations.