AccelerComm Funding News – British Startup AccelerComm Secures €13.1 Million Funding

The round was led by IP Group, along with its Parkwalk and Hostplus funds, and included support from IQ Capital, Swisscom Ventures, and Bloc Ventures.

This funding will help AccelerComm continue working with major mobile operators and satellite partners, including Lockheed Martin.

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“There is growing momentum in the mobile communications industry towards using 5G enabled satellites to augment existing coverage and capacity delivered by terrestrial networks,” said David Helfgott, CEO of AccelerComm.

“AccelerComm’s unique technology and acumen position us at the centre of this shift, delivering a critical building block required to provide best in class 5G services from space. I’m delighted to be joining the company at such an exciting time as it launches a world-first solution, and with further ground-breaking innovations and launches around the corner. The recent announcement of our 5G NTN solution has led to great interest from mobile operators and satellite networks from around the world,” he added.

The company also announced David Helfgott as its new CEO. He brings over 20 years of leadership experience in wireless and satellite communications. In his new role, David will help grow AccelerComm’s customer base and partnerships in the US and around the world.

“Non-terrestrial network convergence of satellite and mobile technology is reshaping the future of connectivity, and UK companies like AccelerComm are helping to drive that transformation,” said Henny Sands, Head of Telecommunications at the UK Space Agency.

“This investment marks a significant step towards achieving universal mobile coverage through space-based 5G. The UK Space Agency is proud to support pioneering businesses developing world-class and unique capabilities, and we welcome AccelerComm’s continued innovation in this critical sector,” Sands continued.

AccelerComm offers a wide range of solutions, from full physical layer systems to customizable signal processing components. These are built to run on next-gen silicon, AI Engines, FPGAs, and ASIC-ready IP cores, including space-hardened platforms. Their modular design makes it easy to integrate with O-RAN, SCF and 3GPP standards.

Lockheed Martin is using AccelerComm’s technology in its Advanced Regenerative 5G NR NTN Base Station, which will be the first regenerative 5G NTN payload launched into orbit.

“Having supported AccelerComm since inception, we’re delighted to see the Company attract an experienced CEO and close a new funding round, supported by additional blue-chip investors”, said Lee Thornton, Partner (Deeptech), IP Group. “AccelerComm has one of the world’s leading technologies for fast and efficient communications in the nascent low-earth-orbit satellite market. The company is well-positioned for growth, with a market that is projected to be worth $100 billion within a decade, and we look forward to future progress.”

About AccelerComm

Founded in 2016, AccelerComm provides high-performance tech for 5G Non-Terrestrial Networks (NTN), focusing on advanced Radio Access Network (RAN) solutions for satellite-based 5G.