Aerospace Defence Security Space

ALL.SPACE secures $44m funding to boost defence and space capabilities

Posted 3 October 2024

Provider of advanced communications technology, ALL.SPACE, has announced $44 million in funding to fuel the commercial launch of its first-generation terminal.

Image courtesy ALL.SPACE

The funding raise was led by the BOKA Group, with additional participation from existing investors AE Ventures, the venture capital platform of AE Industrial Partners, LP, Seraphim Space, Promus Ventures and other key investors.

ALL.SPACE develops advanced simultaneous multiorbit, multinetwork connectivity solutions designed to provide seamless, high-speed communications across air, land, sea and space.

Their technology focuses on enabling satellite and terrestrial network convergence, allowing users to switch between communication systems without losing critical connectivity. This is vital for industries like defence, aerospace and government operations that require reliable and resilient communication in remote or dynamic environments. By integrating satellite and ground-based networks, ALL.SPACE ensures continuous coverage and high bandwidth, supporting applications from secure communications to real-time data transfer, no matter where the user is located.

Paul McCarter, CEO of ALL.SPACE, commented: “This investment, led by the BOKA Group is a validation of ALL.SPACE’s vision and the progress we’ve made in transforming global communications.

All of our investors’ confidence reflects the critical role our technology plays in addressing the growing demand for resilient and seamless connectivity across defence and space industries. We are laser-focused on executing our strategy and delivering the cutting-edge solutions our partners and customers rely on, ensuring critical communications in the most challenging environments.”

John James, Managing Partner of BOKA Group, the lead investor, said: “Innovations in communication technologies within industries like defence and aerospace do more than just transmit information more efficiently; they are crucial for mission success, enhancing operational effectiveness, and ultimately safeguarding lives through seamless connectivity.

“ALL.SPACE has consistently demonstrated its leadership in this sector, with the potential to transform global networks. Our investment underscores our confidence in their vision to redefine global communication and our confidence in their leadership to bring cutting-edge solutions to the forefront of the market.”