NPS raises $17.5M for Software-Defined Radar

Neural Propulsion Systems (NPS), a start-up based in Pleasanton, California, raised $17.5 million in Series B funding for its software-defined radar.

The NPS Atomic Sensing Platform for automotive market is powered by the patented Atomic Norm Tensor Processing Software to achieve disruptively high resolution, precision and reliability. NPS ANTP radar SW performance is based on a new mathematical framework, the Atomic Norm, that transforms how sensor data is processed and understood.  The company says its software-defined radar, SDR, achieves near maximum likelihood performance in detection — meaning, the NPS proprietary software achieves close to what is theoretically possible with existing radar sensors. This advancement in radar technology enables clearer and earlier detection.

The round funding round was led by Cota Capital with contributions from GM Ventures, the venture capital arm of General Motors Co., and RTX Ventures, the venture capital arm of RTX.

"This investment confirms the value of our vision and technology," said Dr. Behrooz Rezvani, Founder and CEO of NPS. "By harnessing the potential of our newly developed radar technology, we can potentially achieve performance enhancements that are over 10 times greater than current radar capabilities, putting us at the forefront of revolutionizing the $28 billion radar market. Our radar software works with all radar hardware and significantly improves the performance of existing sensing platforms with lower cost and more efficiency."

https://nps.ai