Atombeam Showcases Data Reduction Innovation at Viasat Event

2025-02-25 embedded

Solana Beach, Tuesday, 25 February 2025.
Atombeam will demonstrate its technology that cuts satellite IoT data size by 75%, at the Viasat ELEVATER event on February 26, 2025, enhancing cost efficiency.

Recent Funding Success

Atombeam enters this showcase fresh from securing $20 million through a Reg A+ funding round earlier this month [1]. The company’s total funding now stands at $35 million, with over 6,500 individual investors participating through StartEngine [1]. This financial backing demonstrates strong market confidence in Atombeam’s Data-as-Codewords technology, which has already earned the company more than 84 patents, with an additional 115 pending [2].

Revolutionary Technology Solution

The company’s Neurpac solution represents a significant advancement in data management, typically reducing data size by 75% while increasing available bandwidth fourfold [3]. According to James Grisbrook, Senior Director of Marketing Communications at Viasat Enterprise, ‘Atombeam’s technology addresses many significant issues facing connected organizations today, among them bandwidth constraints, latency, the battery life of devices, and security’ [4]. The solution’s efficiency gains are particularly crucial for satellite communications, where bandwidth optimization directly impacts operational costs [GPT].

Strategic Partnership Impact

The upcoming presentation at Viasat’s ELEVATER event, scheduled for February 26, 2025, at 4:00 p.m. GMT [5], marks a significant milestone in Atombeam’s expansion strategy. The company has established itself as a technology partner with both Ericsson Enterprise Wireless Solutions and Viasat’s ELEVATE Partner Program [2]. Charles Yeomans, CEO and founder of Atombeam, emphasized the partnership’s potential, stating, ‘Our ELEVATE partnership aims to greatly expand the availability and use of satellites to transmit IoT, machine-generated data and deliver value to our mutual customers’ [4].

Industry Recognition and Future Outlook

Atombeam’s innovative approach has garnered significant industry recognition, including the Gold Award for Technology Innovation from the Merit Awards for Technology and a Gold Award for Disruptor Company in Business Products or Services from the Globee Awards [2]. The technology’s applications span multiple sectors, including agriculture, energy, media, mining, transportation, and utilities [6]. With Viasat’s global presence as a communications company employing between 5,001 and 10,000 people [7], this partnership positions Atombeam for significant market expansion in satellite IoT communications.

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satellite data IoT costs