Apropos of nothing more than this being another piece of news related to the growing and increasingly diverse space tech sector. In this case what interests me is the promise of something new in comms and the emphasis the company is making on choosing to setup in Miami, implication being that until now Florida has not been a space tech hub, despite the space launch importance of Cape Canaveral.
About Xenesis, Inc.:
Xenesis is an Optical Communications Company with technology developed by JPL and an exclusive life of patent license from NASA.
The Team at Xenesis has deep domain expertise designing, developing & deploying optical communications networks, including AT&T, IBM, Prodigy, Broadcom, Bell South, ICI, BT.
Xenesis is kicking off a $20M raise ($5M of which is already committed) at a $55M pre-money valuation, with a plan to IPO at the end of the year.
Mark LaPenna, TEDx speaker and CEO of Xenesis says he’s found the super highway, in making that dream…a reality.
Through partnerships with Airbus, NASA & AeLION and his investment in two mega space companies, Mark is bringing Space to Miami and has the full support of Greenspoon Marder LLP. Meet the Team and see what they’re all about…because ""Investment in space is not the final frontier… It is the great equalizer!”