UltiSat

Gaithersburg, United States Founded: 2003 • Age: 23 yrs Acquired By SpeedCast
Network and satellite communication services are provided to multiple sectors.
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About UltiSat

UltiSat is a company based in Gaithersburg (United States) founded in 2003 was acquired by SpeedCast in November 2017.. The company has 108 employees as of December 31, 2021. UltiSat offers products and services including Satellite Services, Wireless Services, and System Engineering & Integration. UltiSat operates in a competitive market with competitors including Eutelsat, SES Satellites, SpeedCast, OneWeb and Skylo, among others.

  • Headquarter Gaithersburg, United States
  • Employees 108 as on 31 Dec, 2021
  • Sectors
    Telecommunications
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    SpeedCast

    & 1 more

  • Employee Count
    108

    as on Dec 31, 2021

  • Acquired by
    SpeedCast

    (Nov 06, 2017)

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Products & Services of UltiSat

UltiSat offers a comprehensive portfolio of products and services, including Satellite Services, Wireless Services, and System Engineering & Integration. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Multi-orbit connectivity for resilient networks and global coverage

Custom-tailored solutions for voice and data applications

Design and implementation of complete communication solutions

People of UltiSat
Headcount 50-200
Employee Profiles 2
Employee Profiles
People
George Sumarev
VP & General Manager, PMO, Engineering & Technical Services
People
Paul McMurtry
VP, Business Intelligence & Strategic Planning

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Funding Insights of UltiSat

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2013 Amount Series B - UltiSat Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in UltiSat

UltiSat has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include SpeedCast and LLR Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity firm investing in technology and healthcare businesses for growth capital.
Founded Year Domain Location
Satellite connection services are provided for remote and global applications.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by UltiSat

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - UltiSat

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ultisat Comparisons

Employees
+
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Competitors of UltiSat

UltiSat operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Eutelsat, SES Satellites, SpeedCast, OneWeb and Skylo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of commercial satellite coverage, broadband network, and data connectivity services
domain founded_year HQ Location
Satellite-based communication services are delivered via MEO constellation.
domain founded_year HQ Location
Satellite connection services are provided for remote and global applications.
domain founded_year HQ Location
Satellite-based communication solutions are provided via low-orbit satellites.
domain founded_year HQ Location
Provider of satellite connectivity for sensor data, SMS, and voice calls
domain founded_year HQ Location
Provider of mobile satellite communication solutions
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ultisat

Frequently Asked Questions about UltiSat

When was UltiSat founded?

UltiSat was founded in 2003 and raised its 1st funding round 10 years after it was founded.

Where is UltiSat located?

UltiSat is headquartered in Gaithersburg, United States. It is registered at Gaithersburg, Maryland, United States.

How many employees does UltiSat have?

As of Dec 31, 2021, the latest employee count at UltiSat is 108.

What does UltiSat do?

UltiSat was founded in 2003 and is headquartered in Gaithersburg, United States. Operations focus on the telecommunications sector, where fixed-satellite services, mobile satellite services, wireless technologies, and terrestrial networks are delivered. Additional offerings encompass airborne intelligence, surveillance, and reconnaissance solutions, communications on the move, earth station design, network integration, maintenance, teleport services, VoIP, video, data networks, and ship-to-shore communications. Clients include government entities, enterprises, airborne operations, and the maritime industry.

Who are the top competitors of UltiSat?

UltiSat's top competitors include Eutelsat, SES Satellites and OneWeb.

What products or services does UltiSat offer?

UltiSat offers Satellite Services, Wireless Services, and System Engineering & Integration.

Who are UltiSat's investors?

UltiSat has 2 investors. Key investors include SpeedCast, and LLR Partners.

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