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MatrixSpace, a leader in portable AI-enabled radar for counter-UAS missions, is the winner in the U.S. Army’s xTechCounter Strike competition, part of Operation Flytrap 4.5. MatrixSpace was the only active sensing provider selected among 15 finalists, highlighting the company’s breakthrough capabilities in rapidly deployable airspace awareness.

MatrixSpace, a provider of portable AI-enabled radar for counter-UAS missions, is the winner in the U.S. Army’s xTechCounter Strike competition, part of Operation Flytrap 4.5. MatrixSpace was the only active sensing provider selected among 15 finalists, highlighting the company’s breakthrough capabilities in rapidly deployable airspace awareness. Operation Flytrap is the U.S. Army’s key initiative to accelerate innovative, scalable C-UAS technologies through live soldier experimentation, rapid acquisition pathways, and transition to operational units.

PUTLOS TRAINING AREA, Germany — The Army’s hunt for cost-effective ways to counter drones brought industry and NATO countries together this week in Germany, where troops tested various items and visiting allies got to do some window-shopping. Project Flytrap 4.5, which ended Friday, was the first such event to combine specialized Army counter-drone training with a competition intended to get emerging technology into the hands of soldiers more quickly, organizers said.

With leadership AI Edge and Cloud software for real-time classification, history, and predication capabilities organizations can create safe airspace rapidly and robustly. MatrixSpace, a leader in portable AI-enhanced radar counter drone sensing technology, announces the completion of its $20 million Series B funding round. This raise represents a significant valuation increase over the Series A of May 2023 and brings MatrixSpace’s total funding to date to $58 million. The completion of this round also introduces meaningful new investors, including L3Harris, to the MatrixSpace team.

BURLINGTON, Mass. — MatrixSpace, a provider of portable AI-enhanced radar counter drone sensing technology, has announced the completion of its $20 million Series B funding round. This raise represents a significant valuation increase over the Series A of May 2023 and brings MatrixSpace’s total funding to date to $58 million. The completion of this round also introduces meaningful new investors, including L3Harris, to the MatrixSpace team. The round was co-led by The Raptor Group and OTB Ventures. The Raptor Group is a Boston-based venture and growth fund investing in deep technology across a variety of industries. OTB Ventures is a European investor focused on dual-use defense and enterprise technology, with deep ties to both European industry and NATO.

MatrixSpace, startup działający w obszarze przenośnych technologii wykrywania dronów wspomaganych sztuczną inteligencją, zakończył rundy finansowania serii B o wartości 20 milionów dolarów. Pozyskanie tych środków oznacza znaczny wzrost wyceny w porównaniu z rundą serii A z maja 2023 r. i zwiększa łączną kwotę finansowania MatrixSpace do 58 milionów dolarów. Zakończenie tej rundy oznacza również pojawienie się nowych znaczących inwestorów, w tym polskiego OTB Ventures.

New funding underlines rising demand for compact, AI-enhanced counter-UAS systems MatrixSpace has closed a $20 million Series B funding round, pushing its total capital raised to $58 million to date. The Burlington, Massachusetts company specializes in portable radar systems that use artificial intelligence to help detect and respond to unmanned aerial systems (UAS) in real time.

MatrixSpace, a supplier of portable AI-enhanced radar counter drone sensing technology, has completed its $20m Series B funding round. This raise represents a significant valuation increase over the Series A of May 2023 and brings MatrixSpace’s funding to date to $58m. The completion of this round also introduces new investors, including L3Harris, to the MatrixSpace team.
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Rapid, resilient counter-drone detection anywhere. Introducing MatrixSpace Portable 360 Radar™: a fully transportable, ruggedized radar kit that sets up in minutes, operates with minimal power, and provides resilient panoramic coverage wherever you need it that easily scales to assure public safety.
