Israeli-founded spacetech Ramon raises $17.5 million in Series A round

Israel-founded space computing solutions maker Ramon has raised $17.5 million in a Series A round led by StageOne Ventures. WorldQuant Ventures, UMC Capital, and existing investor Grove Ventures also participated in the round. Ramon reports that the capital will be used to further develop the company’s space resilient super-computing systems.

Founded in 2004, by Dov Alon and Ran Ginosar, Ramon builds supercomputer systems that are specifically designed to operate in the extreme conditions space presents. Using virtual radiation-hardened technology to simulate space-like conditions on earth, Ramon’s aim is to transform the way software is written, applied, and processed in space. 

Through their technological advances, Ramon is transforming the way satellites operate through real-time, in-orbit updates and adaptations, thus dramatically extending their lifecycle. To date, Ramon’s offering is in use in a number of satellites including the 2016 TGO - Mars Orbiter, the 2016 NASA Cygnus Satellites, the 2020 ESA/NASA Solar Orbiter, and the planned 2022 ESA Jupiter Orbiter. The company also points to the more than 50 space missions it has been involved with.

“With our ground-breaking technology, designed for earth-like computing at earth-like costs, we play a major role in the space revolution as the market leader in software-defined computing, networking, and communication payloads,” says Ramon.Space CEO Avi Shabtai.