MatrixSpace Newsroom
Press Releases
MatrixSpace, a leader in portable AI-enhanced radar counter drone sensing technology, announces the completion of its $20 million Series B funding round.
Showcases strong technology partnerships with Kongsberg Geospatial and MatrixSpace, positioning Volatus as the integrator of a proven ecosystem. Strengthens Volatus’ competitive position as one of the few Canadian operators authorized at this advanced level. Enhances Volatus’ commercialized drone-in-a-box and advanced BVLOS applications by introducing a scalable light weight detect and avoid systems. Expands Volatus’ BVLOS portfolio into higher-value missions unlocks recurring revenue opportunities in drone-in-a-box, logistics, and enterprise monitoring.
Integration delivers AI-enabled radar situational awareness to DroneSense Remote software, for scalable, real-time drone operations
Aerospace technology provider Sagetech Avionics has selected AI sensing system innovator MatrixSpace to support its advanced airspace solutions. Sagetech Avionics empowers safe flight in crewed and uncrewed aircraft with certifiable situational awareness solutions, serving military, public and commercial organizations.
MatrixSpace integrates Dell NativeEdge to enhance real-time AI, strengthen public safety programs, and support next-generation smart city initiatives
Palm Springs Police Department (PSPD) has expanded its Drone as First Responder (DFR) program, establishing the largest first responder agency coverage area (37 square miles) monitored by radar sensors instead of humans in the United States. The PSPD’s program expansion was made possible with multiple remote drone launch points across Palm Springs utilizing MatrixSpace’s low airspace awareness technology. This innovation has also supported the city’s application for a FAA No Visual Observer flight operations waiver to ensure the safe separation and avoidance of both general aviation and commercial aircraft.
HSWERX, the Department of Homeland Security’s (DHS) innovation hub, awarded MatrixSpace Radar to provide advanced air detection to support uncrewed aircraft systems (UAS) operations. The technology has potential applications across a variety of mission environments, including the DHS Customs and Border Protection (CBP) agency.
Advexure, one of the US's largest dealers, distributors and systems integrators for uncrewed drone systems and technology solutions, has partnered with MatrixSpace to enhance its customers' drone operations and perimeter security solutions.
Skyway provides essential services to airline operators, eVTOL manufacturers, and commercial developers, including vertiport airspace and airfield management. By teaming up with MatrixSpace, Skyway will expand its current integration and leverage MatrixSpace Radar’s advanced AI-enabled sensing technology to enhance situational awareness in Skyway’s upcoming deployments.
Reflecting the growing momentum of its advanced AI-sensing radar solutions, MatrixSpace has appointed Wes Boyd as Vice President and General Manager of Radar Systems.
Campbell Police Department (CPD) is making significant strides in its Drone as First Responder (DFR) program, making it the first U.S. law enforcement agency to secure a camera and radar-based Beyond Visual Line of Sight (BVLOS) waiver for DFR.
Expanding its pioneering Drone as First Responder (DFR) program, Campbell Police Department (CPD) is the first in California, using optical and radar sensors, to incorporate radar in a Part 91.113(b) waiver request to conduct single-person operations, which requires only one operator for flight operations.
FAA Waiver Allows Campbell PD to Deploy DedroneBeyond for Drone-Agnostic Day and Night DFR Operations Without a Visual Observer
ARES Security and MatrixSpace announce a technology partnership that combines the AI collaborative sensing capability of MatrixSpace Radar™ with ARES Security’s AVERT Mission Planning and Operations (MPO) software for autonomous systems.
Legionnaire International has been selected for a $3.19M AFWERX Challenge SBIR Commercial Services Offering contract to design and deliver a new potentially podded refueling boom for tactical aircraft.
MatrixSpace has been selected for a $1.9M AFWERX Tactical Funding Increase (TACFI) Phase II Sequential contract to develop a distributed dual-mode mesh radar for base defense, based on the MatrixSpace Radar hardware platform.
MatrixSpace has been selected by AFWERX for a $1.25M Direct-to-Phase II SBIR to develop a prototype low SWaP-C multi-function, multi-band antenna payload, based on the MatrixSpace Radar hardware platform.
INVOLI, a leading provider of cooperative air traffic surveillance solutions, is thrilled to announce its partnership with MatrixSpace, an expert in non-cooperative air traffic detection. This partnership marks a significant milestone in aviation safety and surveillance technology.
MatrixSpace Radar is now shipping to commercial and public organizations in the United States and approved international countries. The award-winning product’s commercial delivery follows its recent Federal Communications Commission authorization.
MatrixSpace and INVOLI have co-led the first F3623-23 Standard Specification for Surveillance Supplementary Data Service Provider (SDSP) published by ASTM International.
MatrixSpace Radar has been thoroughly tested to perform within the FCC’s emissions and frequencies specifications and can now be sold to commercial and public organizations in the United States.
Retired US Army, Navy and Homeland Security Leaders Vice Admiral Rich Brown, Brigadier General Peter L. Jones and Tom Bush Join Advisory Board.
MatrixSpace announces the addition of Lieutenant General (retired) Michael Barbero to its advisory board, strengthening its engagement within the defense and commercial sector.
MatrixSpace, a leader in AI collaborative sensing solutions, announces $10M raised in Series A funding. This brings the company’s total funding to $20M since its first year of operation in 2020 and will enable it to accelerate technology advancements, customer adoption and revenue growth.
MatrixSpace announces the addition of Lieutenant General Glenn Spears, US Air Force (retired), and Brigadier General Robert Hipwell, Ph.D, US Army (retired), to its Advisory Board, strengthening its engagement with the defense sector.
Compact, high-performance radar enabling multiple industries to digitize the outdoors for new levels of awareness.
The Women and Drones Leaders’ Summit with Chief Revenue Officer, Lori DeMatteis
Learn about the latest developments in uncrewed and autonomous flight from a business, regulatory, city planning, and technology perspective.
Recently launched MatrixSpace announces the appointment of AI and machine learning expert Nihar Nanda PhD as Head of AI Products, responsible for AI product development.
Recently launched MatrixSpace announces the appointment of industry sales leader Lori DeMatteis as Chief Revenue Officer.
Addressing the next generation of AI-enabled sensing solutions, MatrixSpace announces completion of $10.1M in private investor funding with secured enterprise and government customers in place.
MatrixSpace in the News
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.
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.
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.
MatrixSpace, a Burlington, MA-based leader in portable AI-enhanced radar counter drone sensing technology, closed a $20m Series B funding round. The round, which represented a valuation increase over the Series A of May 2023 and brings MatrixSpace’s total funding to date to $58m, was co-led by The Raptor Group and OTB Ventures with participation from new investor L3Harris.
Come Meet With Us
Videos
See how the City of Palm Springs is using MatrixSpace and DFR technology as a force multiplier for the safety and security of its citizens and guests.
