Summary:
- Sceye, a New Mexico-based aerospace company specializing in high-altitude platform systems, received an investment from SoftBank Corp.
- The amount of the investment was not disclosed, and Sceye plans to use the funds for continued development and commercial operations.
- Founded in 2014, Sceye aims to connect people and protect the planet through its HAPS technology, expanding connectivity and detecting climate disasters in real-time.
Article:
In a recent development, Sceye, an aerospace company based in Moriarty, New Mexico, has secured an investment from SoftBank Corp., a leading technology company based in Tokyo. The exact amount of the investment remains undisclosed, but Sceye has announced that the funds will be utilized to support the company’s ongoing development and entry into commercial operations.
Established in 2014 by CEO Mikkel Vestergaard Frandsen, Sceye is focused on developing high-altitude platform systems (HAPS) that aim to bridge the gap between terrestrial and space systems. With a track record of over 20 successful flights and partnerships with various governmental, state, and commercial entities, Sceye’s platforms play a crucial role in enhancing connectivity and monitoring climate disasters in real-time.
The recent investment from SoftBank Corp. comes as part of the initial tranche of Sceye’s Series C funding round, signaling a significant milestone for the company. As Sceye continues to innovate and expand its reach, it remains committed to its mission of connecting people and safeguarding the planet through cutting-edge aerospace technology.
Overall, Sceye’s partnership with SoftBank Corp. underscores the company’s dedication to advancing high-altitude platform systems for connectivity and environmental monitoring, paving the way for a more sustainable and connected future.
