£10.0M
The round was led by Santander Alternative Investments to support the commercial rollout of the company optical ground station.
"It is an exciting moment for Archangel Lightworks to be able to announce this successful round of capital as the demand for space-based information and connectivity continues to grow exponentially. The Archangel Lightworks team has done incredible work designing, building, and deploying our laser communications systems, and now is the time for us to accelerate with our partners, new and old, to meet the needs that we are hearing from our customers across markets."
