Astrapi Corp. has been recognized once again on the international stage for its efforts in boosting satellite communications.
Earlier this month, the Dallas-based company was named one of the most promising startups at the annual Euroconsult Summit for Satellite Financing in Paris, France. Astrapi and four other firms were honored during the event’s FinSpace 2017 cocktail reception.
The recognition comes after being honored with the grand prize at the Satellite 2017 Startup Space Pitch Competition in May.
Astrapi’s technology was developed by Jerrold Prothero, the company’s CEO and co-founder. [Photo courtesy of Astrapi]
According to Euroconsult, Astrapi and the other companies were selected from 22 finalists by an independent jury. The selection criteria focused on innovation, existing and future customer base, amount of capital raised, level of maturity, and market approach.
“This is a great validation for Astrapi, as it recognizes the importance of our unique spiral modulation technology that directly addresses the communication spectrum crisis facing the space industry,” said Jerrold Prothero, Astrapi’s CEO and co-founder.
Prothero helped launched Astrapi in 2009, with the goal of boosting satellite communications through the above-mentioned spiral modulation technology.
The company’s 40 patents issued, pending and filed provisionally are expected to bring more efficient operations to cellular network which, in turn, will lead to greater data. In addition, the technology is anticipated to lower spectrum usage demands, offer less rain fade and boost the efficiency and reliability of microwave networks.
Astrapi Corp. co-founder David Shaw (fourth from right) accepts the startup award at the annual Euroconsult Summit for Satellite Financing in Paris, France. Astrapi was among four other startups recognized. [Photo courtesy of Astrapi]
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