ANELLO Photonics Secures Series B Funding to Propel the Future of Inertial Navigation for Autonomous Applications | PR Newswire [Video]

, /PRNewswire/ — ANELLO Photonics, the creator of the Silicon Photonic Optical Gyroscope (SiPhOG™), today announced the successful closure of its Series B funding round reflecting robust investor confidence in the company’s groundbreaking approach to inertial navigation in GPS-denied environments. The investment was co-led by Lockheed Martin, Catapult Ventures and One Madison Group. Additional investors included New Legacy, Build Collective, Trousdale Ventures, In-Q-Tel (IQT), K2 Access Fund, Purdue Strategic Ventures, Santuri Ventures, Handshake Ventures, Irongate Capital and Mana Ventures. This funding round will accelerate ANELLO’s mission to revolutionize navigation and positioning in GPS-denied environments across both Industrial and Defense applications.

The participation of new investors highlights the significant interest in ANELLO’s groundbreaking SiPhOG technology which brings high precision optical fiber gyro performance onto an integrated silicon photonics platform. ANELLO’s solutions are perfectly designed to meet the rigorous demands of navigation, positioning, and motion tracking for autonomous applications in challenging GPS-jammed …