MatrixSpace

MatrixSpace is a US-based startup founded in 2019, specializing in AI collaborative sensing. The company's slogan, "MatrixSpace is creating AI collaborative sensing - the next generation of AI-enabled radar to digitize the outdoors," reflects its core focus. MatrixSpace's innovative approach utilizes real-time edge-based sensing to detect objects, motion, and direction, offering a breakthrough in the field of AI-enabled sensing solutions. The Series A investment of $10.00M in MatrixSpace on 07 June 2023, led by Intel Capital and Raptor Capital, signifies strong investor interest. This investment aligns with the company's pioneering work in the development of MatrixSpace Radar, a low SWaP-C solution that requires no additional infrastructure and offers robust situational awareness in outdoor environments. This radar technology has diverse applications, including highly accurate drone detection, Counter Unmanned Aircraft System (CUAS) capabilities, and facilitating Beyond Visual Line of Sight (BVLOS) flight for uncrewed, autonomous, and tethered aircraft. Additionally, its ability to operate effectively under various lighting and weather conditions makes it a valuable asset for general aviation safety. As an Information Technology startup, MatrixSpace holds significant promise in revolutionizing AI-enabled sensing and radar technology, and the recent Series A investment underlines its potential for growth and impact in the market.