MENLO TIMES

ZaiNar , building the foundation layer for physical AI, led by Daniel Jacker, Alexander Hooshmand, Eric Roselli, Philip Kratz, Jake Levy, and the team, has announced  commercial availability of its 5G positioning technology, the first 5G location system that operates entirely independent of device makers, using the network as a sensor (i.e., connectivity signals that devices already transmit) to deliver sub-10cm accuracy at ranges up to 1.5km. The network-side solution delive

CesiumAstro , delivering advanced communication capabilities for a diverse set of applications at compelling performance and cost, led by Shey Sabripour, has announced  the acquisition of Vidrovr, an artificial intelligence (AI) company specializing in real-time multimodal signal analysis. Following the acquisition, Vidrovr co-founder Joe Ellis is overseeing the integration of machine learning capabilities across CesiumAstro’s portfolio, advancing the development of next-gene

ISPTech , pioneering a new era of space mobility, led by Dr.-Ing. Lukas Werling, Dr.-Ing. Felix Lauck, and the team, has  raised  €5.5M million to deploy its advanced, non-toxic propulsion solutions for operational space missions. The round was led by Join Capital , with participation from High-Tech Gründerfonds ( HTGF ), Faber, First Momentum Ventures , Lightfield Equity , Final Frontier Liftoff , The German Aerospace Center ( DLR ), and Start-up BW Seed Fonds , among others

Saronic , redefining maritime superiority, led by Dino Mavrookas, Rob Lehman, Vibhav Altekar, Doug Lambert, and the team, has announced  a $392 million production contract for its Corsair autonomous maritime vessels, with nearly $200 million obligated at the time of award from the U.S. Navy. The announcement was made at the Reagan National Defense Forum, where Secretary of the Navy John Phelan said the deal reflects a new benchmark for rapid defense procurement. Phelan said t

Clee Medical , a Swiss neurotechnology startup developing novel ultra-high-resolution real-time imaging for brain surgery, led by Matthew Lapinski, Abed Hammoud, Jules Scholler, and Gary Evans, has announced  the successful closing of its seed financing round led by High-Tech Gründerfonds ( HTGF ), with participation from Zürcher Kantonalbank ( ZKB ), Kickfund , FONGIT , and Venture Kick , with continued participation from their existing partner and investor, Wyss Geneva . Th

Sceye , an aerospace company with a background in material science leading the industry of high-altitude platform systems (HAPS), led by Mikkel Vestergaard Frandsen and the team, has unveiled  a first-of-its-kind custom-built antenna, SceyeCELL, designed to bring high-speed connectivity at scale from the stratosphere.  Described as a “cell tower in the sky,” Sceye’s SceyeCELL combines satellite-grade precision with the flexibility of cellular networks, creating a new class of

MatX , building high-throughput chips for LLMs, led by Reiner Pope, Mike Gunter, Avinash Mani, and the team, has announced  MatX One and a $500M Series B led by Jane Street and  Situational Awareness LP . Participants include Spark Capital ,  Daniel Gross and  Nat Friedman ’s fund,  Patrick  and  John Collison ,  Triatomic Capital ,  Harpoon Ventures , Andrej Karpathy ,  Dwarkesh Patel , and others, including investors across the supply chain, including Alchip  and  Marvell