Trinity Capital Inc. Provides $20 Million in Growth Capital to Kymeta
Trinity Capital Inc. (NASDAQ: TRIN) has committed $20 million in growth capital to Kymeta, a leading flat-panel satellite antenna company based in Redmond, WA. Kymeta specializes in multi-network satellite communications, developing groundbreaking antennas that integrate with multiple satellite networks for unparalleled connectivity and reliability. The company's technology is based on metamaterial science, ensuring robust communications in challenging environments.
Bob D'Acquisto, Managing Director of Tech Lending at Trinity, expressed enthusiasm for supporting Kymeta's innovative technology in satellite communications. The new debt facility will enable Kymeta to scale operations and fund growth initiatives. Rick Bergman, President and CEO of Kymeta, welcomed Trinity's partnership as they aim to position themselves as the global leader in satellite communications on the move.
Trinity Capital Inc. (NASDAQ: TRIN) ha impegnato 20 milioni di dollari in capitale di crescita per Kymeta, un'azienda leader nella produzione di antenne satellitari a pannello piatto con sede a Redmond, WA. Kymeta è specializzata in comunicazioni satellitari multi-rete, sviluppando antenne innovative che si integrano con più reti satellitari per una connettività e un'affidabilità senza pari. La tecnologia dell'azienda si basa sulla scienza dei metamateriali, garantendo comunicazioni robuste in ambienti impegnativi.
Bob D'Acquisto, Direttore Generale di Tech Lending presso Trinity, ha espresso entusiasmo per il supporto alla tecnologia innovativa di Kymeta nelle comunicazioni satellitari. Il nuovo finanziamento permetterà a Kymeta di espandere le operazioni e finanziare iniziative di crescita. Rick Bergman, Presidente e CEO di Kymeta, ha accolto con favore la partnership con Trinity mentre puntano a posizionarsi come leader globale nelle comunicazioni satellitari in movimento.
Trinity Capital Inc. (NASDAQ: TRIN) ha comprometido 20 millones de dólares en capital de crecimiento para Kymeta, una empresa líder en antenas satelitales de panel plano con sede en Redmond, WA. Kymeta se especializa en comunicaciones satelitales de red múltiple, desarrollando antenas innovadoras que se integran con múltiples redes satelitales para una conectividad y fiabilidad sin precedentes. La tecnología de la empresa se basa en la ciencia de metamateriales, garantizando comunicaciones sólidas en entornos desafiantes.
Bob D'Acquisto, Director General de Tech Lending en Trinity, expresó su entusiasmo por apoyar la tecnología innovadora de Kymeta en las comunicaciones satelitales. La nueva línea de crédito permitirá a Kymeta ampliar operaciones y financiar iniciativas de crecimiento. Rick Bergman, Presidente y CEO de Kymeta, dio la bienvenida a la asociación con Trinity mientras buscan posicionarse como el líder global en comunicaciones satelitales en movimiento.
트리니티 캐피탈 Inc. (NASDAQ: TRIN)는 워싱턴주 레드몬드에 본사를 둔 선도적인 평면 위성 안테나 회사인 키메타(Kymeta)에 2천만 달러의 성장 자본을 약속했습니다. 키메타는 다중 네트워크 위성 통신을 전문으로 하며, 여러 위성 네트워크와 통합되는 혁신적인 안테나를 개발하여 비할 데 없는 연결성과 신뢰성을 제공합니다. 이 회사의 기술은 메타물질 과학에 기반하고 있어 도전적인 환경에서도 강력한 통신을 보장합니다.
트리니티의 기술 대출 부문 관리 이사인 밥 다쿠이스토(Bob D'Acquisto)는 키메타의 혁신적인 위성 통신 기술을 지원할 수 있어 기쁘다고 전했습니다. 이번 신규 채무 시설은 키메타가 운영을 확장하고 성장 이니셔티브에 자금을 지원할 수 있도록 할 것입니다. 키메타의 회장 겸 CEO인 릭 버그먼(Rick Bergman)은 이동 중인 위성 통신의 글로벌 리더로 자리매김하고자 하는 투니티와의 파트너십에 환영을 표했습니다.
Trinity Capital Inc. (NASDAQ: TRIN) s'est engagé à investir 20 millions de dollars en capital de croissance dans Kymeta, une entreprise leader dans le domaine des antennes satellites à panneau plat basée à Redmond, WA. Kymeta se spécialise dans les communications par satellite multi-réseaux, développant des antennes révolutionnaires qui s'intègrent à plusieurs réseaux satellites pour une connectivité et une fiabilité exceptionnelles. La technologie de l'entreprise repose sur la science des métamatériaux, garantissant des communications robustes dans des environnements difficiles.
Bob D'Acquisto, directeur général de Tech Lending chez Trinity, a exprimé son enthousiasme à soutenir la technologie innovante de Kymeta dans les communications par satellite. La nouvelle facilité de crédit permettra à Kymeta de développer ses opérations et de financer des initiatives de croissance. Rick Bergman, président et CEO de Kymeta, a accueilli le partenariat avec Trinity alors qu'ils visent à se positionner comme le leader mondial des communications par satellite en mouvement.
Trinity Capital Inc. (NASDAQ: TRIN) hat 20 Millionen Dollar an Wachstumskapital für Kymeta, ein führendes Unternehmen für flache Satellitenantennen mit Sitz in Redmond, WA, zugesagt. Kymeta spezialisiert sich auf Kommunikationssatelliten mit mehreren Netzwerken und entwickelt bahnbrechende Antennen, die mit mehreren Satellitennetzen für unvergleichliche Konnektivität und Zuverlässigkeit integriert werden. Die Technologie des Unternehmens basiert auf der Wissenschaft der Metamaterialien und gewährleistet robuste Kommunikation in herausfordernden Umgebungen.
Bob D'Acquisto, Geschäftsführer für Technologiefinanzierung bei Trinity, äußerte seine Begeisterung, Kymetas innovative Technologie in der Satellitenkommunikation zu unterstützen. Die neue Kreditfazilität wird Kymeta ermöglichen, die Operationen zu skalieren und Wachstumsinitiativen zu finanzieren. Rick Bergman, Präsident und CEO von Kymeta, begrüßte die Partnerschaft mit Trinity, während sie anstreben, sich als globaler Marktführer für mobile Satellitenkommunikation zu positionieren.
- Trinity Capital Inc. (TRIN) committed $20 million in growth capital to Kymeta
- The investment supports a leading company in multi-network satellite communications
- The debt facility will help Kymeta scale operations and fund growth initiatives
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However, investors should note that while this deal demonstrates confidence in Kymeta's technology, it also increases Trinity's exposure to the satellite communications sector. The success of this investment will largely depend on Kymeta's ability to capitalize on the growing demand for reliable, multi-network satellite connectivity solutions. The impact on Trinity's financials will be gradual and tied to Kymeta's performance and repayment capabilities.
Kymeta's technology, based on metamaterial science, represents a significant advancement in satellite communications. Their flat-panel antennas that can seamlessly integrate with multiple satellite networks address a important need in the industry for flexible, reliable connectivity. This is particularly valuable in challenging environments and for mobile applications.
The investment from Trinity could accelerate Kymeta's innovation pipeline, potentially leading to breakthroughs in areas like 5G integration or IoT connectivity. However, the satellite communications market is highly competitive, with players like Starlink and OneWeb also making strides. Kymeta's success will hinge on their ability to differentiate their technology and secure key partnerships in various sectors such as maritime, defense and emergency services.
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"Kymeta is building the next generation of satellite and cellular connectivity technology," said Bob D'Acquisto, Managing Director, Tech Lending at Trinity. "We are thrilled to support Kymeta as they continue to innovate and expand on their groundbreaking technology in satellite communications."
The new debt facility from Trinity will allow Kymeta to continue to scale operations and fund growth initiatives.
"We appreciate Trinity's support and we're excited to have them as a partner as we continue to grow our business and position ourselves as the global leader in satellite communications on the move," said Rick Bergman, President and CEO of Kymeta.
Trinity Capital Inc. (Nasdaq: TRIN), an internally managed business development company, is a leading provider of diversified financial solutions to growth-stage companies with institutional equity investors. Trinity Capital's investment objective is to generate current income and, to a lesser extent, capital appreciation through investments, including term loans and equipment financings and equity-related investments. Trinity Capital believes it is one of only a select group of specialty lenders that has the depth of knowledge, experience and track record in lending to growth stage companies. For more information, please visit the Company's website at www.trinitycap.com.
Kymeta is the industry leader in flat panel satellite antennas, providing purpose-built solutions across a variety of enterprise and military applications and unlocking the commercial value of space to address the vast, unmet demand for ubiquitous broadband and truly mobile connectivity for customers around the world. Its innovative metasurface technology, coupled with a software-first approach, delivers the first commercially available, metamaterial-based and electronically steered flat panel satellite antenna. Kymeta's low-cost, low power and high throughput solutions make it easy to connect on the move or while stationary – for any vehicle, vessel, aircraft, or fixed platform – enabling industries on earth to transform their operations by harnessing capacity in space.
Kymeta is a privately held company based in
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SOURCE Trinity Capital Inc.
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