Radar Revolution: NPS Secures $17.5M Series B Funding
March 11, 2024, 10:51 am
Location: United States, California, Pleasanton
Employees: 11-50
Founded date: 2017
Total raised: $17.5M
Neural Propulsion Systems (NPS), a California-based software-defined radar company, recently closed a $17.5M Series B funding round. The investment, led by Cota Capital, with contributions from GM Ventures and RTX Ventures, aims to propel NPS's Atomic Sensing Platform into the automotive radar technology sphere.
NPS, under the leadership of CEO Dr. Behrooz Rezvani, specializes in digital imaging radar technology. Their Atomic Norm Radar SW, a radar algorithm system adaptable to various hardware platforms, promises heightened radar resolution and precision. This advancement opens doors for applications in mobility and defense industries.
Dr. Rezvani envisions a radar technology that surpasses current capabilities by over tenfold, positioning NPS at the forefront of the $28 billion radar market. The company's software is designed to enhance existing sensing platforms with improved performance, cost efficiency, and universal hardware compatibility.
Cota Capital's Founder and Partner, Bobby Yazdani, recognizes NPS's potential to revolutionize radar sensing technology. He commends NPS for setting new standards in the field and acknowledges the company's impact on mobility and defense systems.
RTX Ventures' President and Managing Director, Dan Ateya, applauds NPS's dedication to enhancing defense radar systems. He views NPS's automotive radar technology as a crucial solution to complex challenges in the aerospace and defense sectors.
Founded in 2018, NPS is a Silicon Valley startup pushing the boundaries of radar technology. Their innovative approach to radar algorithms has the potential to transform industries and create groundbreaking applications in defense and mobility.
As NPS secures funding to further develop their Atomic Sensing Platform, the company's trajectory towards radar revolution is set. With a focus on performance enhancement, cost efficiency, and universal compatibility, NPS is poised to make a significant impact on the radar market and beyond.
NPS, under the leadership of CEO Dr. Behrooz Rezvani, specializes in digital imaging radar technology. Their Atomic Norm Radar SW, a radar algorithm system adaptable to various hardware platforms, promises heightened radar resolution and precision. This advancement opens doors for applications in mobility and defense industries.
Dr. Rezvani envisions a radar technology that surpasses current capabilities by over tenfold, positioning NPS at the forefront of the $28 billion radar market. The company's software is designed to enhance existing sensing platforms with improved performance, cost efficiency, and universal hardware compatibility.
Cota Capital's Founder and Partner, Bobby Yazdani, recognizes NPS's potential to revolutionize radar sensing technology. He commends NPS for setting new standards in the field and acknowledges the company's impact on mobility and defense systems.
RTX Ventures' President and Managing Director, Dan Ateya, applauds NPS's dedication to enhancing defense radar systems. He views NPS's automotive radar technology as a crucial solution to complex challenges in the aerospace and defense sectors.
Founded in 2018, NPS is a Silicon Valley startup pushing the boundaries of radar technology. Their innovative approach to radar algorithms has the potential to transform industries and create groundbreaking applications in defense and mobility.
As NPS secures funding to further develop their Atomic Sensing Platform, the company's trajectory towards radar revolution is set. With a focus on performance enhancement, cost efficiency, and universal compatibility, NPS is poised to make a significant impact on the radar market and beyond.