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Pioneer in hyper-resolution digital imaging radar technology.
nps.ai
PLEASANTON, California – January 31, 2022 – Neural Propulsion Systems (NPS), a pioneer in hyper resolution digital imaging radar technology, today announced that it was named a
CES® 2023 Innovation Awards Honoree for its AtomicSense™ radar technology. NPS has developed a new class of algorithms that enable orders of magnitude better radar performance with groundbreaking applications in the mobility and defense industries. NPS AtomicSense technology was an award-winning standout at this year’s CES Innovation Awards program, which received a record number of submissions with more than 2,100 applicants.
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Sonny TahilianiSonny Tahiliani• 3rd+• 3rd+Exec. Director & Tech. Lead, RTX Ventures @Raytheon Technologies (Corporate Venture Capital)Exec. Director & Tech. Lead, RTX Ventures @Raytheon Technologies (Corporate Venture Capital)
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Neural Propulsion Systems, Inc. Secures Series B Strategic Investment from Raytheon Technologies Venture Arm (RTX Ventures)
PLEASANTON, Calif. – March 2, 2023 – Neural Propulsion Systems (NPS), a pioneer in hyper-resolution digital imaging radar technology, today announced a new Series B strategic investment by
RTX Ventures, the venture capital arm of
Raytheon Technologies (NYSE: RTX). The funding will help NPS develop next-generation radar technology able to provide 10 times better resolution and 2.5 times greater range for mobility and defense applications.
Radar is used across diverse industries, from automotive and mobility to aerospace and defense, with a total available market of $28 billion projected in 2025, according to Yole Group. Each of these use cases will benefit from increased scanning speed, resolution, reliability and range. Defense radars, in particular, require ever-greater resolution to deal with new threats.
“We invest in companies working on breakthrough innovation that can transform aerospace and defense,” says Dan Ateya, president and managing director at RTX Ventures. “NPS’ advances in radar technology will open the door for a great range of radar applications such as the defense of our airspace.”
Krishnamurthy Vemuru
Principal Computer Scientist
Brainchip