The mission also marked the 12th flight for the Falcon 9 first stage booster supporting this mission, which previously launched Crew Demo-2, ANASIS-II, CRS-21, Transporter-1, Transporter-3, and now seven Starlink missions. The booster was recovered on a drone ship in the Atlantic.
viaPhoton, which supplies fiber connectivity solutions, expanded its capital base to $100 million as part of an $80 million transaction led by Trinity Capital, a leading provider of debt and equipment financing to growth stage companies.
As part of the funding, Trinity will provide growth financing of up to $50 million.
“Our rapid revenue growth and equally rapid growth of our capital base demonstrate that we are a true disruptor in fiber connectivity,” said Wasif Khan, CFO, and co-founder of viaPhoton. “To serve our customers, we bring together our engineering, our software, our modularity, our people and our culture. This transaction enables us to take our differentiation to the next level.”
“We are excited to partner with the team at viaPhoton, elevating the fiber experience and reimagining the connectivity industry,” said Phil Gager, Managing Director at Trinity Capital. “Along with their cutting-edge technology, the company is laser-focused on building high-quality solutions with an emphasis on their customers. We look forward to supporting them and being a part of their growth story.”
https://www.viaphoton.com
Lightpath opened an office in Midtown Manhattan, located at 24 West 40th Street, to house sales and customer service staff to directly support continued growth and operations in New York City, including on-going network expansions.
Lightpath said it has accelerated its investment in the New York City market over the past year, doubling of the company's sales and service teams, upgrading its optical network.
"The greater New York City region is the largest enterprise communications market in the country, and Lightpath has the most expansive and densest all-fiber network here, among competitive fiber providers. We will continue to invest in and expand our infrastructure, as well as invest in our people, to support the seemingly limitless demand for connectivity across the region," stated Chris Morley, CEO of Lightpath.
Lightpath offers a complete suite of all-fiber, customized connectivity solutions, including optical transport up to 800 Gbps, Internet access, Ethernet, dark fiber, private networks, voice, managed security solutions, and more.
