Kymeta

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.

Kymeta
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

Tech

Latest Special Reports

  • CNBC Upstart 100 is a new original list of the bright young startups poised to become the great companies of tomorrow.

  • Innovative female entrepreneur examining prototype

    In an era of rapid technological advances and demographic change, how do legacy companies adapt, innovate and evolve? CNBC Evolve features iconic global companies and executives who are embracing change and transforming for the future.

  • Frontline insights and unique views on key issues and challenges facing today’s CFOs.