Startup · $11.3m raised
Company created through Main Sequence's Venture Science model
Sydney, NSW
Programs: Catalyst Accelerator (the 13th Catalyst Accelerator)
Every investor coverage indicates participated in a round Quasar Satellite Technologies raised.
| Investor | Rounds | Invested |
|---|---|---|
| Defence Innovation Hub | Grant | $5,300,000 |
| Catalyst Accelerator | Accelerator | - |
| Lindy De Stoop | Seed | - |
| Main Sequence Ventures | Seed | - |
| Marc De Stoop | Seed | - |
| Pan Group | Seed | - |
Companies Quasar Satellite Technologies acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Phil Ridley | CEO · Founder | @AuManufacturing (7 Dec 2023), Startup Daily, SmartCompany, @AuManufacturing (24 Feb 2023) |
| Richard Singh | Chief Sales Officer | Startup News (WA), Defence Connect, @AuManufacturing |
Stories naming Quasar Satellite Technologies. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Sydney satellite startup Quasar joins a US Air Force-backed Colorado accelerator cohort of seven companies, the sole non-American participant, to develop its phased array antenna technology for space tracking.
Australian space startup Quasar Satellite Technologies is among seven companies chosen for the US-backed 13th Catalyst Accelerator, a space domain awareness program linked to the US Air Force Research Laboratory and US defence customers.
Australian satellite communications firm Quasar has joined a seven-company intake in the US defence-focused Catalyst Accelerator program as its only international participant, with technology built on CSIRO research.
AuManufacturing reports the CSIRO-linked satellite startup Quasar unveiling digital multibeam ground stations, recalling its 2021 seed raise, a NSW Physical Sciences Fund grant and a Defence Innovation Hub contract.
Canberra satellite firm Skykraft has raised $120 million to manage air traffic from space, with backing from Foresight Australia, OPTrust and Main Sequence; the round trails only Saluda Medical's this year.
Also Startup Daily·@AuManufacturing·proactiveinvestors.com·Startup Daily·SmartCompany·SmartCompany
Deep tech venture firm Main Sequence has reached an initial A$450 million close on its third fund, pushing money under management past A$1 billion; Hostplus, Temasek and CSIRO are among the backers.
Also SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·TechCrunch Australia·@AuManufacturing
A weekly roundup reporting six Australian startups that raised a combined $19 million, including Quasar, Nexl, MoreGoodDays, DAS and Our Cow, plus Our Cow's earlier acquisition of delivery startup Voly.
Also Startup Daily·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Forbes Australia
Techboard's anniversary roundup catalogues a month of Australian startup funding: megadeals, three acquisitions, large debt deals, grants, accelerator intakes, and fund news including Archangel Ventures' committed capital.
Australia's Main Sequence fund promotes Gabrielle Munzer to Partner to lead its biotech push; the article also covers her finance background, the firm's company-building model, a UNSW accelerator, and recent diverse hires.