Singapore's space tech startup enters PH market for high-speed internet

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Bagging $2 million from an Ayala-backed venture fund, Transcelestial eyes work with Philippine telcos.

Singapore-based space tech startup Transcelestial Technologies announced Friday, February 19, that it closed a $2-million strategic investment from Globe Telecom subsidiary Kickstart Ventures under the Ayala Corporation's venture fund.

Transcelestial developed Centauri, which uses its propriety wireless laser communication technology to send data between buildings, cell towers, and other physical infrastructure. Currently, Centauri has two versions – one for the 4G network with a bandwidth of 1 Gigabit per second and the other for the 5G network with a 10-Gbps bandwidth. Both versions can be used within a 3 to 5 kilometer range.

 

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