Aalyria Achieves $1.3 Billion Valuation Following $100 Million Funding Round
Aalyria, a startup spun out from Google in 2022, has raised $100 million, valuing the company at $1.3 billion. The funding comes as the U.S. government increases spending on defense technology and national security.
Aalyria's software improves communications across land, sea, and space, facilitating better service options. Google retains a stake in the company, which has secured contracts with organizations including Telesat, NASA, and the U.S.
Air Force. Aalyria's technology, including Spacetime software and Tightbeam laser-communication systems, addresses the need for rapid response in communication during disasters and supports seamless satellite network operations.
