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AURA Network Systems
About
Nationwide network utilizing licensed aviation spectrum to accelerate advanced autonomy in the National Airspace System
- Mclean,Virginia,United States
- 11 - 50
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- $75M
- Industries
- Air Transportation,Data Center,Data Integration,Database
- Founded date
- Oct 30, 2019
- Number Of Employee
- 11 - 50
- Operating Status
- Active
- Legal Name
- AURA Network Systems Inc.
AURA (which stands for Advanced Ultra Reliable Aviation) is on a mission to deliver an FAA-compliant nationwide network utilizing a unique, licensed aviation spectrum to accelerate advanced levels of autonomy in the National Airspace System. Its vision is to empower the aerospace industry’s pioneering technology solutions that improve accessibility and safety, drive economic expansion and further environmental sustainability – while transforming the concept of aviation for crewed and uncrewed aircraft. AURA’s frequencies in the 450 MHz band have extraordinary propagation characteristics ideal for secure and reliable communications. The company’s technology increases the commercial viability of autonomous operations.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Nov 14, 2022 | Series B | $75M | 3 |
Fortress Investment Group
|
— | Detail |
| Jul 28, 2021 | Series A | $30.90M | 3 |
Mudrick Capital Management
Tracker Capital Management
|
— | Detail |
| Mar 9, 2021 | Debt Financing | — | — | — | — | Detail |
| Mar 9, 2021 | Seed | $3M | — | — | — | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Fortress Investment Group
|
Yes | Series B |
|
Mudrick Capital Management
|
— | Series B |
|
Tracker Capital Management
|
— | Series B |
|
|
— | Series A |
Employee Profiles
