Ramon.Space has raised US$26 million in investment to further commercialize its space-resilient computing platform.
The US and Israel-based company, which was founded in 2004 has received investment from several organizations including Ingrasys, a subsidiary of Foxconn, the world’s largest manufacturer of servers.
The Ingrasys investment comes after the company recently agreed a global manufacturing agreement for Ramon.Space’s satellite computing products.
in the market with its computing platform, enabling data-driven applications & services in space. Ingrasys has recently agreed to manufacture Ramon.Space’s computing products.
Ramon.Space computing technology stores, processes and analyzes large amounts of data in orbit. By equipping satellites with powerful computers that have advanced storage, computing, and connectivity capabilities, the company hopes to enable data-driven applications and services in space.
The company has developed radiation-hardening technology for its products, which include the storage, processing, and communication solutions, NuStream, NuPod and NuBox.
According to Ramon.Space, its servers in space concept is generating interest of customers in both the commercial and defense sectors in areas such as satellite communications, remote sensing, autonomous robotics spacecraft and space exploration.
The company said the recent funding will enable it to reach new markets, and further commercialize its technology.
Avi Shabtai, CEO of Ramon.Space said, “Space-grade computing solutions have become an essential foundation for the evolution of the space economy. The demand from satellite manufacturers, operators and service providers for such solutions is growing, driven by new business models and a goal to maintain agility of services in orbit.
“We are honored to receive a vote of confidence from global leaders as we continue to increase our reach of enabling data-driven insights from space.”
Benjamin Ting, CE of Ingrasys said, “As the world leader in cloud and enterprise computing manufacturing on the Earth, it’s a natural step to expand into computing infrastructure in space and we are truly excited to be part of the space industry.
“Space computing is the foundation to leverage the infinite potential of space and we recognized that investing and partnering to manufacture Ramon.Space products was the perfect strategic move as they are the leader in this field.”
