Wireless laser communications startup Transcelestial raises $10 million


FILE PHOTO-Transcelestials CENTAURI device which connects to another CENTAURI via a wireless and invisible laser beam to deliver high-speed Internet connectivity for a leading enterprise Internet Service Provider in Asia is seen at an unspecified location in South Asia in this February 14 2023 handout image obtained by REUTERS.

FILE PHOTO-Transcelestial's CENTAURI device, which connects to another CENTAURI via a wireless and invisible laser beam to deliver high-speed Internet connectivity for a leading enterprise Internet Service Provider in Asia, is seen at an unspecified location in South Asia, in this February 14, 2023 handout image obtained by REUTERS.

OAKLAND, Calif (Reuters) - Singapore-based startup Transcelestial, which makes wireless laser communications equipment, said on Thursday it raised $10 million in a funding round led by Airbus Ventures.

The funding will be used to boost internet infrastructure in Southeast Asia and India, Rohit Jha, CEO and co-founder of Transcelestial, said.

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