TAMPA, Fla. — French satellite tv for pc antenna maker Anywaves stated Dec. 8 it has raised round $3 million to assist seize extra enterprise from U.S. clients.
Anywaves CEO Nicolas Capet stated the funds from French investor Ylliade Groupe allow the corporate to speed up gross sales and advertising efforts in the USA, the place solely 10% of its clients are presently primarily based.
Nearly all of clients, about 80%, are primarily based in Europe and the remaining 10% are from different nations together with Australia and India.
“Our goal is to steadiness this combine,” Capet informed SpaceNews by way of e mail.
Increasing within the U.S. “is essential from a business standpoint in addition to from [a] historic cooperation one,” he added, pointing to France’s strategic area partnership with the nation underlined throughout French President Emmanuel Macron’s current journey to Washington.
After spinning out of French area company CNES 5 years in the past, the corporate raised 1.5 million euros ($1.6 million) in 2019 for an antenna enterprise centered on serving constellations of satellites.
Anywaves has to this point centered on producing generic antennas in S- and X-band which might be suitable with a variety of missions.
Final yr, the French producer bought antennas to San Francisco-based condosat operator Loft Orbital in a deal they stated marked the start of a “long-term partnership.”
Anywaves additionally has a deal to offer 100 antennas for Florida-based satellite tv for pc maker Airbus OneWeb Satellites, which is increasing its buyer base past British constellation operator OneWeb to serve different organizations, together with the U.S. authorities.
In keeping with Anywaves, it bought 400 merchandise in 2022, double the quantity bought previously 5 years.
The corporate plans to extend its manufacturing services in 2023 and develop a broader vary of payload antennas.