#United States #Burlington #Radar Technology #MatrixSpace #counter drone

MatrixSpace's Remarkable Funding Achievement

MatrixSpace, a pioneering company in portable AI-enhanced radar technology for counter drone systems, announced a significant milestone on October 15, 2025, by completing a Series B funding round that raised $20 million. This funding is not just a financial boost but also a testament to the firm’s evolving stature within the tech industry, bringing its total investments to an impressive $58 million to date.

The Series B round showcased strong investor confidence with contributions from key players such as The Raptor Group and OTB Ventures. The Raptor Group, a Boston-based venture capital firm, focuses on deep technology investments across various sectors. OTB Ventures, on the other hand, specializes in funding dual-use defense and enterprise technologies, establishing a crucial connection with European industries and NATO. The infusion of such capital and strategic partnerships highlights the increasing importance of drone detection and countermeasures in both civil and military applications.

Gregory Waters, co-founder and CEO of MatrixSpace, expressed optimism for the future, stating, "We’re proud to welcome new investors OTB Ventures and industry powerhouse L3 Harris to MatrixSpace. This new capital and industry partnerships position us extremely well for our next chapter of growth and cements our leadership in portable CUAS, or counter drone systems." These sentiments reflect a strategic move towards enhancing not only their operational capacity but also their technological edge in the market.

Advancing Drone Detection Technology

MatrixSpace's unique approach combines cutting-edge radar technology with artificial intelligence, aiming for a new standard in edge sensing. This innovative technology redefines situational awareness, offering capabilities for both civil and defense applications. The MatrixSpace Radar system delivers dependable, AI-powered awareness capable of functioning under challenging conditions, including low-light and visibility environments.

The incorporation of sophisticated AI Edge and Cloud software provides organizations with real-time classification, monitoring, and predictive capabilities. Such features are critical for maintaining safe airspace and ensuring comprehensive situational oversight across various operational scenarios. The company’s commitment to advancing drone technology is evident in their efforts to create solutions that can be easily deployed in various dynamic settings—from urban backdrops to vast outdoor environments.

The Road Ahead for MatrixSpace

With this new funding, MatrixSpace aims to accelerate its research and development efforts, potentially expanding its product offerings and enhancing existing technologies. The investment will also support the recruitment of top-tier talent to drive innovation forward. Additionally, this funding round offers MatrixSpace the freedom to execute its vision of a safer environment by leveraging AI-assisted technology in drone detection and monitoring systems.

As the company moves forward, its strategic partnerships with established investors and entities like L3 Harris serve not only as a financial lifeline but as a catalyst for enhancing its credibility and reach in an increasingly competitive market.

About MatrixSpace

MatrixSpace specializes in AI-enabled portable counter drone solutions designed for quick deployment. Their compact, low-power radar systems ensure persistent surveillance and situational awareness in varied outdoor environments. This latest funding round is set to broaden their scope, as the company continues to shape the future of autonomous systems and drone technology management.

In sum, MatrixSpace’s successful Series B funding marks an important chapter of promising growth and innovation in the field of drone sensing technology, aiming to enhance safety and situational awareness across multiple sectors.