Trinity Capital, a provider of diversified financial solutions to growth-oriented companies, committed $20 million in growth capital to Kymeta, a flat-panel satellite antenna company.
“Kymeta is building the next generation of satellite and cellular connectivity technology,” Bob D’Acquisto, managing director, tech lending at Trinity Capital, said. “We are thrilled to support Kymeta as they continue to innovate and expand on their groundbreaking technology in satellite communications.”
The new debt facility from Trinity will allow Kymeta to continue to scale operations and fund growth initiatives.
“We appreciate Trinity’s support, and we’re excited to have them as a partner as we continue to grow our business and position ourselves as the global leader in satellite communications on the move,” Rick Bergman, president and CEO of Kymeta, said.
