AccelerComm, a Southampton-based company specialising in 5G technology for satellite networks, announced the successful closure of a funding round totalling approximately £11.1 million. The investment will be used to accelerate the deployment of the company’s 5G satellite communications products and technology. It will also support the company’s ongoing projects with key mobile operator and satellite network customers and partners, including Lockheed Martin.
David Helfgott, the newly appointed CEO of AccelerComm, stated: “There is growing momentum in the mobile communications industry towards using 5G enabled satellites to augment existing coverage and capacity delivered by terrestrial networks. AccelerComm’s unique technology and acumen position us at the centre of this shift, delivering a critical building block required to provide best in class 5G services from space. I’m delighted to be joining the company at such an exciting time as it launches a world-first solution, and with further ground-breaking innovations and launches around the corner. The recent announcement of our 5G NTN solution has led to great interest from mobile operators and satellite networks from around the world.”
Founded in 2016, AccelerComm provides high-performance physical layer solutions for 5G Non-Terrestrial Networks (NTN). As experts in specialised Radio Access Networks (RAN) applications, AccelerComm delivers solutions tailored to meet the demands of satellite-based 5G networks.
The company also announced the appointment of David Helfgott as its new CEO. Mr Helfgott is a senior executive with over 20 years of leadership experience across the wireless and satellite communications sectors. In his new role, he will be responsible for accelerating customer and partner traction in the US and globally for AccelerComm’s cutting-edge technology.
Henny Sands, Head of Telecommunications at the UK Space Agency, commented: “Non-terrestrial network convergence of satellite and mobile technology is reshaping the future of connectivity, and UK companies like AccelerComm are helping to drive that transformation. This investment marks a significant step towards achieving universal mobile coverage through space-based 5G. The UK Space Agency is proud to support pioneering businesses developing world-class and unique capabilities, and we welcome AccelerComm’s continued innovation in this critical sector.”
AccelerComm’s product portfolio ranges from complete physical layer solutions to customisable signal processing components, implemented on a wide array of next-generation silicon, AI Engines, FPGA, and ASIC-ready IP cores, including space-hardened platforms. The company’s modular approach allows for seamless integration based on O-RAN, SCF, and 3GPP standards.
Lockheed Martin is currently using AccelerComm’s solutions in its Advanced Regenerative 5G NR NTN Base Station, which is set to be the first regenerative 5G NTN payload in orbit.
Image source: AccelerComm
