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Kymeta

Friday, 17 May 2013 | 7:58 AM ET
Small Telecom 'Disruptors' Defying the Odds
CNBC's Julia Boorstin takes a look at how small companies like Kymeta, Twilio, WhatsApp, and LiveU, are putting pressure on established telecom giants.

What
A scalable satellite solution for continuous, high-quality broadband access anywhere in the world, including in transit situations, air, land and sea.

Disrupting
Satellite industry.

Source: Kymeta

Headquarters: Redmond, Wash.
CEO: Vern Fotheringham
Year Founded: 2012
Number of Employees: 45
Funding: $12 million
Key Investors: Bill Gates, John Malone and Lux Capital

Vital Stats

  • Uses breakthrough in metamaterials, a new class of synthetic materials that are engineered to have properties not found in nature
  • First deal signed with mobile satellite technology company Inmarsat
  • Product launch slated for 2015
  • Targeted industries: aeronautical, maritime and land-transport markets.
  • One of the first products will be a portable satellite terminal for individual users—news reporters in the field, emergency responders, and oil and gas exploration as well as disaster recovery and aid organizations.
  • In talks with major satellite system operators, government agencies and communications service providers.
  • mTenna modules will enable satellite services for virtually any moving platform such as trucks, trains, buses, automobiles or vessels.
  • Spun off from Nathan Myhrvold's Intellectual Ventures

On Disruption

"Disruptive advances deliver enhanced value or new services to customers at a fraction of the cost compared to legacy alternatives." -Vern Fotheringham, Chairman, CEO and Founder

Featured

Contact CNBC Disruptors

  • Email: cnbcdisruptor@nbcuni.com

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  • Travel market disruptors are hooking us, and booking us, with lodging options once out of reach to anyone but the elite.