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Xenesis Acquires A Minority Stake In Space Micro As Both Work To Build The First FSO Global Mesh Network

June 15, 2021

Xenesis, Inc., an innovator in the free space optical communications (FSO) technology sector, has acquired a minority stake in Space Micro Inc. — this is a union both Xenesis and Space Micro have been diligently working toward solidifying.

Through this agreement, Space Micro will become the exclusive manufacturer for components used in the Xenesis product line (including Xen-Hubs and Xen-Nodes) and Space Micro will also include the Xenesis devices in their product catalog and website.

While the devices can be integrated into many other satellite designs, a number of the units have been earmarked for the Xenesis Intercessor constellation that is due to be launched in 2023. The strength of both these companies joining forces goes far beyond vertical integration as each brings unique value to the table that will only set to enhance the common goal of building the first FSO global mesh network.

There is a lot to look forward to as Xenesis and Space Micro continue to work together while offering downlinking capabilities of 10 Gbps, real time latency, reduced costs,and an inherently secure / data agnostic FSO network.

Mark LaPenna, CEO of Xenesis, said he “is elated at this opportunity to join forces with Space Micro as they have some of the most advanced LCT’s on the market today. Partnering with Space Micro will help us to build our constellation design and generate revenues only utilizing less than 50 satellites while maintaining the ability to cover the majority of the earth’s population, including many areas like parts of Asia and Africa which have never had access to a connected world. Take our two companies, Xenesis and Space Micro, and together you now have one of the most advanced backhaul networks ever launched.”

David R. Czajkowski, CEO of Space Micro, added, “The unique and transformative Xenesis business model will aid in enabling rapid growth in the emerging space optical marketplace. This teaming of a telecom company, Xenesis, and a space optical communications hardware company, Space Micro, will benefit both commercial and governmental users. We are very pleased to have been selected by Xenesis as their exclusive manufacturer of lasercom terminals and to support our joint demo mission called Intercessor.”

Based in Chicago, IL Xenesis is a space telecommunications company which uses optical technology & space as a medium, to deliver low cost, low latency & high-capacity communications to Earth Observation, Network Operator & Enterprise customers.

Space Micro is an engineering-driven business focused on technology advancement for high-reliability satellite subsystems. SMI has garnered a hard-earned reputation based on their innovative, affordable, high-performance communications, digital, and electro-optic systems, as well as their ability to leverage commercial technologies to meet military and space requirements. Their dauntless determination and enthusiasm have fueled their engineering of game-changing technologies and to date maintained a flawless space flight heritage of over 2.4 million hours with a phenomenal SATCOM data rate of 100 Gbps.

Filed Under: Acquisitions, Collaboration, Constellation, Optical, SmallSat

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