The satellite and space communities can vote to help QuadSAT win the Satellite Technology of the Year.

Odense, Denmark, 08 March 2022 – QuadSAT’s system for antenna testing and calibration has been nominated for Via Satellite’s 2021 Satellite Technology of the Year Award. The nominees are chosen based on innovation, benefit to the industry, and overall disruption to the satellite landscape.

Mark Holmes, Editor, Via Satellite, said: “The Satellite Technology of the Year award, less than five years old, goes from strength to strength. We had a record number of companies taking part in the process and the competition has been ferocious. There are so many great technology stories in our industry, that asking us to pick just one is getting harder each year. Our industry has a wonderful strength in depth from seasoned tech companies, to those starting out and trying to shake up the established order.”

QuadSAT’s drone-based system provides users with flexible and accurate antenna testing and calibration. A broad range of testing missions can be undertaken, depending on user requirements, and antennas can be tested regardless of location. The system provides pre-and post-flight software to ensure repeatability, automated measurements, ease of operation and data delivery in a uniform format.

The winner of the 2021 Satellite Technology of the Year will be determined by a combination of the Via Satellite editorial team, including Editorial Director, Mark Holmes, and votes that come directly from industry. The public can vote for QuadSAT’s system for antenna testing and calibration online.

Joakim Espeland, CEO, QuadSAT, commented: “With our drone-based system we are aiming to improve accessibility to antenna testing, delivering a cost-effective way to provide reliable testing. The Via Satellite Satellite Technology of the Year awards are widely regarded as prestigious awards, so we are especially proud to have made the shortlist. This is perfect timing for us as we are currently raising our Series A investment round and we look forward to the awards ceremony at Satellite 2022.

From the host of the prestigious “Satellite Executive of the Year Award”, Via Satellite has a longstanding history of recognizing the people leading the charge for the satellite industry.

Voting closes at noon ET on March 22. The winner will be announced at SATELLITE 2022 on Wednesday, March 23 at the Via Satellite Awards Luncheon, which is open to all conference-level attendees. Register for SATELLITE here and press can register here.

For more information on the award, or to vote for QuadSAT, please visit https://www.satellitetoday.com/vote.

About Via Satellite

Via Satellite provides essential news and expert business analysis on the global satellite communications marketplace, including current and evolving applications, infrastructure issues, technology, and business and regulatory developments around the word reaches the most engaged community of satellite professionals and qualified industry decision makers.   

About SATELLITE 2022

SATELLITE unites a diverse community of aerospace and connectivity thought leaders, entrepreneurs, executives, engineers, end-users and enthusiasts from around the world for most important global satellite technology event of the year. The SATELLITE Conference and Exhibition will take place on March 21-24, 2022 at the Walter E. Washington Convention Center (801 Mt. Vernon Place NW, Washington, DC 20001). For more information, please visit www.SATShow.com.

About QuadSAT

QuadSAT has developed a system for test and verification of radio frequency equipment. The technology is fully automated, flexible and location independent capable of scaling and transforming how antennas are tested. The QuadSAT team consist of experts in robotics and radio frequency resulting in a solution that meets the specifications for testing satellite antennas. The systems consist of state-of-the-art drone technology integrated with a custom RF payload as well as automation and measurement software. QuadSAT is backed by Space Tech focused Seraphim Capital and Danish state Vaekstfonden. More information about QuadSAT is available at www.quadsat.com

Media Contact:

Helen Weedon

Radical Moves

+44 7733 231922

helen@radicalmoves.co.uk

Odense, Denmark, 28 October 2021: QuadSAT’s Senior RF Engineer Dr.-Ing. Cosme Culotta-López will be serving as a Technical Coordinator on the Board of Directors of the Antenna Measurement Techniques Association (AMTA) from January 2022. Cosme has been an active member of AMTA since 2017 and has been awarded with Best Paper Awards from AMTA in 2019 and 2021.

The ​Antenna​ ​Measurement​ ​Techniques​ ​Association (AMTA)​ ​​is​ ​a ​​non-profit,​ ​international​ ​organization dedicated​ ​to​ the​ ​development​ ​and​ ​dissemination​ ​of​ ​theory,​ ​best​ ​practices​ ​and​ ​applications​ ​of​ ​antenna, radar​ ​signature​ ​and​ ​other​ ​electromagnetic​ ​measurement​ ​technologies.​ ​

Cosme’s plans, according to his position statement, will specifically focus on academia, engaging with the research community in universities and other public research institutions to further involvement with AMTA. It is hoped that increasing exposure and reach will benefit those students already specializing in this area, as well as increasing the number of students who choose to enter this field. Ultimately this will help to further secure the future of both AMTA and the industry.

Cosme Culotta-López, Senior RF Engineer at QuadSAT, commented: “The strength of AMTA lies in the different sectors it brings together, namely academia, government, industry, and other commercial entities. I first came to AMTA as a student and academic researcher. It has enabled me to co-operate with several industry partners, which proved itself not only extremely useful for my research, but also for my understanding of industry demands. Joining the Board of Directors means that I can now give back to the AMTA community and encourage other students into this field.”

Cosme joined QuadSAT in June 2021 as Senior RF Engineer. His main area of focus is researching antenna measurement techniques using drone technology. He has received Best Student Paper awards on multiple occasions for his research in spherical near-field antenna measurements and compressed Sensing.  In 2014 he received an Engineering degree in telecommunications engineering from the University in Málaga, Spain and in 2021 his doctoral degree (summa cum laude) from RWTH Aachen University, Germany.

To learn more about the Antenna Measurement Techniques Association, click here.

– ENDS –

Media Contact:

Helen Weedon

Radical Moves

helen@radicalmoves.co.uk

+44 7733 231922

About QuadSAT

QuadSAT has developed a brand new system for test and verification of radio frequency equipment. The technology is fully automated, flexible and location-independent capable of scaling and transforming how antennas are tested. The QuadSAT team consist of experts in robotics and radio frequency resulting in a solution that meets the specifications for testing satellite antennas. The systems consist of state-of-the-art drone technology integrated with a custom RF payload as well as automation and measurement software. QuadSAT is backed by Space Tech focused Seraphim Capital and Danish state Vaekstfonden Venture Capital firms. More information about QuadSAT is available at www.quadsat.com

OneWeb Antenna Validation Campaign Ahead of LEO Constellation Rollout

Odense, Denmark, 22 September 2021 – OneWeb, the low Earth orbit satellite communications company is working with QuadSAT to perform verification of its ground segment antennas ahead of the global rollout of its LEO constellation. In an initial stage, QuadSAT has carried out an antenna validation campaign at the Telespazio teleport in Scanzano, Italy.

Using its unique drone payload for antenna testing, QuadSAT performed in-situ measurement generating antenna radiation patterns as well as north offset in antenna pointing. QuadSAT’s drone-based system provides users with flexible and accurate antenna testing and calibration. Antennas can be tested anytime and anywhere, and it can perform a broad range of testing missions depending on requirements. QuadSAT pre-and post-flight software ensures repeatability, control over the drone during measurements, ease of operation, and data delivery in a uniform format.

During the campaign, QuadSAT measured radiation patterns of several OneWeb antennas, enabling the validation of feed alignment and the direction of pointing. This is the first time OneWeb has utilized the capabilities of drone-based antenna diagnostics. Following successful results from this initial phase, QuadSAT will be performing antenna verification at other OneWeb sites.

Joseph Paciaroni, Director of Gateway Deployment, OneWeb commented: “We are in the process of building the ground segment for our state-of-the-art constellation. Having innovative methods for diagnostics will be an important success factor and we are particularly excited about the potential of drone-based in-situ diagnostics where traditional antenna validation techniques are not available. During this initial phase, we were really impressed with both the quality of the data and the ability to carry out the test within a very short time frame.”

Joakim Espeland, CEO, QuadSAT, added: “We are glad to be able to provide OneWeb with our measurement services for on-site validation and optimization. A fully optimized ground station is essential for OneWeb to assure the best possible service to its customers. It is therefore essential that a validation of the ground segment is carried out on-site. This is one of the services we provide at QuadSAT.”

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Media Contact

Helen Weedon
Radical Moves
helen@radicalmoves.co.uk
+44 7733 231922

About QuadSAT

QuadSAT is developing a brand new system for test and verification of radio frequency equipment. The technology is fully automated, flexible and location-independent capable of scaling and transforming how antennas are tested. The QuadSAT team consists of experts in robotics and radiofrequency resulting in a solution that meets the specifications for testing satellite antennas. The systems consist of state-of-the-art drone technology integrated with a custom RF payload as well as automation and measurement software. QuadSAT is backed by Space Tech focused Seraphim Capital and Danish state Vaekstfonden Venture Capital firms. More information about QuadSAT is available at www.quadsat.com

Odense, Denmark, 14^th July – SES and QuadSAT have jointly performed an “industry-first” ground segment Satcom Antenna Validation campaign. Using QuadSAT’s revolutionary new drone technology, this mission redefines the possibilities for antenna diagnostics within the framework of Industry 4.0. By obtaining accurate antenna performance data from anywhere in the world from Original Equipment Manufacturers (OEMs), SES was able to quickly validate new antenna models to be added to their satellite networks, mitigating the risk of generating interference on their own satellite or adjacent satellites.

On behalf of SES, QuadSAT assessed 12 commercial maritime antennas, using its drone-based solution for antenna diagnostics. The innovative technology is deployable in a matter of hours and operates globally. The system is a fully automated drone solution equipped with a unique Radio Frequency (RF) payload.

The tests took place at two different sites and enabled SES to investigate the performance of a wide range of antennas supplied by various manufacturers. The speed of QuadSAT’s departure from Denmark, operational set-up on-site, to the start of the actual test reflects the simplicity of operation.

The data gathered is fundamental to the collaboration between satellite operators, antenna manufacturers and service providers, but has historically been challenging to obtain. With QuadSAT’s solution, the tests could be easily and efficiently performed over a period of just 23 days, including travel and setting up operations at two different sites. This time frame included processing the results, which were subsequently delivered to SES from the test sites.

Alastair Campbell, Vice President at SES commented: “A measurement campaign of this size would have been a substantial effort for SES to undertake, had it not been for QuadSAT and the new drone technology they have brought to the market. Improved access to antenna testing is essential across many parts of the satellite industry value chain”.

Joakim Espeland, CEO at QuadSAT, stated: “No antenna should transmit to a satellite without being verified. Adding underperforming antennas to a satellite network degrades satellite communications and is costly for operators to mitigate retroactively. It is reassuring to see satellite operators such as SES recognising the importance of antenna verification and taking the responsibility to avoid interference in space. We are proud that our technology could further enhance SES’s verification capabilities. SES has been validating this technology for the last 3 years. QuadSAT’s maturity in the Satcom sector made it possible to meet SES demands in this comprehensive test campaign.”.

This technological leap in antenna diagnostics is a testament to how performance data on antennas can now be collected in a completely new and unique way before connecting to a satellite network. QuadSAT is in the market and customers can use services provided by QuadSAT or own their own systems.

Media Contact

Helen Weedon
Radical Moves
helen@radicalmoves.co.uk
+44 7733 231922

About QuadSAT

QuadSAT is developing a brand new system for the test and verification of radio frequency equipment. The technology is fully automated, flexible and location-independent capable of scaling and transforming how antennas are tested. The QuadSAT team consist of experts in robotics and radiofrequency resulting in a solution that meets the specifications for testing satellite antennas. The systems consist of state-of-the-art drone technology integrated with a custom RF payload as well as automation and measurement software. QuadSAT is backed by Space Tech focused Seraphim Capital and Danish state Vaekstfonden Venture Capital firms. More information about QuadSAT is available at www.quadsat.com

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Odense, Denmark, December 2, 2020: QuadSAT has successfully completed tests, which demonstrated QuadSAT’s RF-testing drone’s ability to test and validate radar system performance at the site where the radar is deployed. The test course was supported by Terma.

The aim of the actual project was to determine whether the QuadSAT solution, originally made for testing satellite antennas, could be used for on-site validation of radar systems.

For the purpose of the demonstration, two radar systems were used. One deployed on land and one at the coast. QuadSAT measured the radar systems to validate the simulations done by Terma showing how the radar systems are affected by multipath lobing, such as reflections from ground and water.

“At Terma, we continuously scan the industry for innovative new companies with technology that can improve and add to existing processes.” Preben Schmidt Nielsen, Senior Specialist, Innovation Lab, Discovery & Incubation at Terma A/S, explains. “Working with QuadSAT has been a great process and the innovation height of their system is impressive”.

QuadSAT has developed the first system that can provide insights from on-site measurements of radars in its operational environment anywhere in the world. This enables a wide range of use-cases that can assist in ensuring radar system performance in a way that has not been possible before. Use-cases could be measuring the effect of buildings and topography surrounding a radar, or even how the radome covering the radar antenna might change characteristics over time.

“Tests of systems performed in the radar’s operational environment add an additional layer of understanding to the computer simulations and laboratory-generated measurements of radar performance. We, therefore, see QuadSAT’s system as a valuable addition to our current methods of ensuring the performance of radars manufactured by Terma.” Morten Østergaard Pedersen, Senior Specialist, Radar Architect at Terma A/S, explains.

Joakim Espeland, Chief Executive Officer at QuadSAT adds: “Working with Terma is really important for us. Terma is leading the way in Danish Aerospace and Defense industry and we are happy and proud that the team sees the innovativeness and value of our system.”

QuadSAT’s solution is already available as a service to operators and antenna manufacturers. It will be available as a commercial product in Q1 2021, making antenna testing and verification cost-efficient and accessible.

About QuadSAT
QuadSAT’s system delivers safety in the performance of RF applications such as satcom- and radar systems by providing an automated, flexible, and location-independent system for in-situ tests and measurements. The systems consist of state-of-the-art drone technology integrated with a custom RF payload as well as automation- and measurement software.

Media Contact: Helen Weedon, Radical Moves PR, helen@radicalmovespr.co.uk, +44 7733 231922

About Terma
Denmark based high-tech Terma Group develops products and systems for defence and non-defence security applications; including command and control systems, radar systems, self-protection systems for aircraft, space technology, and aerostructures for the aircraft industry.

Odense, Denmark, September 10, 2020: QuadSAT, a Danish company that is revolutionising the test and measurement of satellite antennas, announced today that it has closed a €2 million Pre-Series A Investment, the largest venture investment in a Danish drone tech company in history. The round was led by Seraphim Capital, the world’s first venture fund dedicated to SpaceTech, Vaekstfonden, the Danish state’s investment fund, and Angel Investor, Helge Munk.

The use of space is key to solving significant challenges faced in the world – from ensuring worldwide connectivity to providing data to solve environmental issues. As a multitude of sectors starts looking toward space, the number of satellites in orbit will increase significantly in the next few years.

With the amounts of communication satellites in use today, levels of radiofrequency (RF) interference are increasing year by year. If not managed properly the accelerating growth of the Satcom industry will drown the radio spectrum in RF interference, reducing bandwidth and causing connection breakouts. Poorly performing and inaccurate ground antennas are the main source of RF interference. For antenna research and development, and for approval to bring new antennas to market, access to testing is essential.

For the antenna ground segment to keep up with the rapid development of satellites in orbit there is a great need for a cost-effective, flexible, and efficient testing solution. QuadSAT revolutionises antenna testing by combining state of the art drone- and RF technology with custom-developed software making automated antenna tests and measurements available anytime and anywhere.

Andrian Buchi, CTO and co-founder, says: “We see a high level of interest for our technology, not only in antenna measurements but also in other test solutions aimed specifically at higher frequencies and at the future mass deployment of mega-constellations. This investment allows us to develop the product line to match the industry needs, and to build a strong team able to tackle future challenges”. Joakim Espeland, CEO and co-founder adds “Our solution is the only one that can provide the scalability of test and measurements required for a robust satcom infrastructure to minimize challenges such as dropped calls and internet buffering”.

To ensure the best fit between QuadSAT’s solution and the industry requirements, the team is working closely with SOMAP, a consortium of the world’s biggest Satellite Operators. Further, QuadSAT has recently completed contracts with the European Space Agency’s (ESA) program for supporting the development of advanced Satcom products and services.

The investment round follows a seed round at the start of 2019. This pre-series A investment is a catalyst for exploiting the potential of QuadSAT’s unique position as the only company that can provide mobile testing at scale. This will accelerate product testing allowing QuadSAT to transition its current product, currently offered as a service, to be sold as a product for third party users. This will also allow QuadSAT to expand its UK research and development activities.

QuadSAT plans to raise a Series A round within a year further expanding the revolution of antenna testing in the SATCOM industry.

About QuadSAT

Founded in March 2017, QuadSAT’s mobile antenna testing system provides users with affordable, accessible, and accurate antenna testing and calibration. The system utilizes a custom-built RF payload, drone technology, and mathematical algorithms to effectively simulate satellites and perform critical antenna performance tests. QuadSAT’s system has been developed to meet industry-wide standards.

Media Contact: Helen Weedon, Radical Moves PR, helen@radicalmovespr.co.uk, +44 7733 231922

About Vaekstfonden

Vaekstfonden is the Danish state’s investment fund that contributes to the creation of new companies by providing capital and expertise. Since 1992, Vaekstfonden has together with private investors co-financed growth in more than 8,500 Danish companies with a total commitment of more than DKK 27.3 billion.

For more information, please visit: www.vf.dk

Media contact: Cecilie Idun Andersen, Communication Advisor, cea@vf.dk, + 45 31 93 05 73

About Seraphim Capital

Seraphim Capital is the world’s largest specialist space-tech venture fund. They focus on backing both space and aerial platforms collecting and communicating data from above, in addition to the broader enabling technologies that support the full space-tech ecosystem. The £70m fund has pioneered a multi-corporate venture fund model, harnessing the collective experience and expertise of leading space industry players including the likes of Airbus, SES and Telespazio to provide start-ups the fund invests in with unparalleled access to and guidance from the top echelons of the space sector.

For more information, please visit: www.seraphimcapital.com

Media contact: Spacecamp@fieldhouseassociates.com

About Helge Munk

Helge Munk is a Business Angel with 10 active investments through his holding company Helge Munk Holding. Helge was named the Danish “Business Angel of the Year“ in 2018 and is highly successful in his investments as he currently holds an exit rate of up to 80. Helge has founded and been a co-founder of more than 15 companies, mostly in the IT industry, but during the last years, he has also invested in the tech industry.

Media contact: hm@munkholding.dk

Odense, Denmark, 22nd October 2019 – QuadSAT, the drone-enabled antenna testing company, has announced its collaboration with the European Space Agency (ESA) to develop its Unmanned Aerial System (UAS) testing solution to comply with industry-wide antenna performance protocol, SOMAP (Satellite Operators’ Minimum Antenna Performance requirements) and the type approval test requirements for other satellite operators.

QuadSAT, with technical support from GVF and the Danish Technological Institute, is to establish that its UAS testing capabilities can deliver SOMAP type-approvals for the satellite communications industry. QuadSAT uses drone technology to test and calibrate satellite and VSAT antennas autonomously, mimicking an orbiting satellite that can simulate a ship or aircraft’s motion. This method enables highly accurate testing while drastically reducing downtime.

The development of SOMAP recommendations has been referenced in previous ESA projects. GVF, through the Mutual Recognition Working Group (MRA-WG), has been pivotal in defining the framework, which is mutually recognised across the satellite industry. The SOMAP framework establishes the minimum performance recommendations for satellite service providers and serves as a complement to the formal SOMAP recommendations.

Joakim Espeland, CEO, QuadSAT, commented: “We’re delighted to be collaborating with GVF and the Danish Technological Institute to implement testing for our project with ESA. As proven by its past projects, ESA’s ethos is based around promoting the use of high-quality, industry-compliant technologies to ensure that the industry works effectively and harmoniously. By providing and expanded test capability for demonstrating compliance with SOMAP recommendations and other satellite service provider requirements, our UAS technology will be able to offer operators a highly accurate and effective form of testing. This will result in savings of both time and money for qualifying new satellite communications products. QuadSAT is moving into an exciting period of development.”

The news follows QuadSAT securing £700,000 seed funding in January 2019 via Danish Growth Fund, Vaekstfonden and specialist space-tech venture fund, Seraphim Capital.

About QuadSAT

Founded in March 2017, QuadSAT’s mobile antenna testing system provides users with affordable, accessible and accurate antenna testing and calibration. The system utilizes a custom-built RF payload, unmanned aircrafts, and mathematical algorithms in order to effectively simulate satellites and perform critical tests in determining antenna performance. QuadSAT’s system has been developed to meet industry-wide standards.

QuadSAT’s cost-effective solution, which has been developed to meet industry-wide standards, moves antenna testing away from testing facilities and into the field. QuadSAT’s solution increases the ease of testing and enhances spectrum awareness. This promotes minimal energy consumption and allows for cleaner transmissions with less RF interference.

Press Contact

Catrin Jones
Radical Moves PR
+44 1570 434632
catrin@radicalmovespr.co.uk

Drones in SATCOM Startup Secures Investment to Further Innovation

Odense, Denmark, 16th January 2019 – QuadSAT, the drone-enabled antenna testing company, today announced it has closed its £700,000 seed round investment, led by Vaekstfonden, the Danish Growth Fund, with participation from Seraphim Capital and existing investors.

The investment will enable QuadSAT to bring its innovative drone platform to the satellite communications industry, initially focusing on maritime and aeronautical applications. QuadSAT’s platform uses drone technology to test and calibrate satellite and VSAT antennas autonomously, mimicking an orbiting satellite that can simulate a ship or aircraft’s motion. This method enables highly accurate testing while drastically reducing downtime.

Having started as a University project, QuadSAT is an innovative startup company. Based at Odense Robotics Start Up Hub, a Danish accelerator programme for robotics and drone startups, which provides premises and expert assistance, this investment follows an initial round of investment to establish the company in 2017.

Joakim Espeland, CEO, QuadSAT, commented: “Our technology alleviates a massive pain point for our customers and will ensure high quality communications with minimum interference at a competitive price. We’re thrilled to be backed by our investors, including the team at Seraphim, which brings with it a great deal of sector-expertise as the world’s leading space-tech focused venture capital fund.”

QuadSAT was one of six companies to take part in Mission 1 of Seraphim Space Camp. Seraphim Space Camp is the UK’s first accelerator for space-tech start-ups backed by Seraphim Capital, the world’s first venture capital fund dedicated to SpaceTech. The programme aims to get Seed and Pre-Series A, space-tech companies ‘investment ready’ and to facilitate unique corporate relationships with some of the leading space corporates and agencies.

Of the programme, Joakim said: “Taking part in Seraphim Space Camp was fundamental to us really. Speaking to relevant industry players who were able to validate what we were doing had a big impact on us and our future roadmap.”

Rob Desborough, Seraphim Capital Portfolio Director and Director of Seraphim Space Camp commented: “We are very excited to be partnering with Joakim and the rest of the QuadSAT team. They were incredibly well received by our corporate partners whilst on the Space Camp Accelerator and are first movers in a billion-dollar global market. With stringent industry standards in place, QuadSAT is solving a real challenge for its customers and will provide enormous benefit to the industry.”

About QuadSAT

Founded in March 2017 and has recently set up an office in Harwell, UK, QuadSAT is a Danish company that has developed brand new tools and techniques for testing and calibrating satellite antennas being deployed in high-value maritime and aeronautical markets. Combining the latest drone technology with a simulated satellite payload and mathematical algorithms, QuadSAT simplifies the requirements for satellite antenna testing, qualification and calibration. In addition, the use of QuadSAT’s products reduces vessels and aircraft downtime for such testing procedures, significantly reducing operational expenses.

As well as satellite antenna qualification and calibration, QuadSAT can also be used to identify interference to satellite transmissions with pinpoint accuracy, which is vital to minimize inadvertent or other rogue interference. QuadSAT’s customers include some of the world’s leading satellite operators, satellite antenna manufacturers, VSAT network operators’ maintenance teams and antenna testing facilities.

For more information, please visit: www.quadsat.com

Press contact: helen@radicalmovespr.co.uk

About Seraphim Capital

Seraphim Space is the world’s largest specialist space-tech venture fund. We focus on backing both space and aerial platforms collecting and communicating data from above, in addition to the broader enabling technologies that support the full space-tech ecosystem.

The £70m fund has pioneered a multi-corporate venture fund model, harnessing the collective experience and expertise of leading space industry players including the likes of Airbus, SES and Telespazio to provide start-ups the fund invests in with unparalleled access to and guidance from the top echelons of the space sector.

Our team includes entrepreneurs who have scaled space-tech companies to billions of users and $billion-valued exits, alongside experienced venture capitalists who have collectively invested in more than 200 early and growth-stage companies.

For more information, please visit: www.seraphimcapital.com

Press contact: Spacecamp@fieldhouseassociates.com 

About Vækstfonden (Danish Growth Fund)

Vaekstfonden, The Danish Growth Fund is a state investment fund that contributes to the creation of new companies by providing capital and expertise. Since 1992, Vaekstfonden has together with private investors co-financed growth in more than 7,300 Danish companies with a total commitment of more than DKK 22.5 billion. Vaekstfonden invests equity and provides loans and guarantees for small and medium-sized enterprises in collaboration with private partners and Danish financial institutions.

For more information, please visit: www.vf.dk

Press contact: nsl@vf.dk

About Odense Robotics StartUp Hub

Odense Robotics StartUp Hub is an incubator only for hard-ware start-ups run by the world-leading robotic and automation cluster; Odense Robotics in Denmark. The incubator offers robotics- & drone start-ups a fast-track programme from technology and prototyping to financing and commercialization. No ownership interest or membership fee is claimed. On average, each start-up gains access to between €450,000 – €700.000 in funding during the programme. 78% of the startups have commercial success 2 years after completing the acceleration programme.

Press contact: ulebr@udviklingfyn.dk