Attochron LLC, a leading provider of carrier-grade free-space optical communications (FSOC) technology, has successfully closed a $15 million Series A funding round led by the private equity firm Three Cities Research, Inc. (TCR). This funding marks a significant milestone in Attochron’s journey to revolutionize optical wireless communications and provide high-performance solutions to bridge the digital divide. The company aims to launch its breakthrough technology to the market in early Q1 2025.
Breakthrough in Optical Wireless Technology
The Series A funding follows a successful proof-of-concept conducted by Attochron and Lumen Technologies, a U.S. Tier 1 carrier, with a Fortune 200 global retailer in Virginia. The company’s flagship product, the ALTIS-7™ FSOC system, is designed to offer superior free-space optical communication capabilities using short coherence length optical signals. This advanced technology is set to redefine the FSOC space, offering carrier-grade performance with the potential to significantly improve connectivity in regions where traditional infrastructure is limited.
“Attochron’s ALTIS-7™ system represents a paradigm shift in optical wireless communication. We are excited to take this innovation to market and offer solutions that will help close the digital divide, particularly in underserved and remote areas,” said a representative from Attochron.
Disrupting the FSOC Space
Founded in 2016, Attochron was initially seed-funded by TCR, which helped accelerate the development of its proprietary technology. Over the years, Attochron has built an impressive portfolio of over 200 patents and patents-pending, establishing a solid intellectual property foundation for its FSOC solutions. The company has disrupted the market by being the only provider of proven, carrier-grade FSOC technology.
Attochron’s solutions are expected to address key challenges in global connectivity by providing wireless alternatives to traditional fiber optics, which can be costly and difficult to deploy in certain terrains. The ALTIS-7™ FSOC system aims to deliver high-speed, reliable communications for major carriers, enterprises, military integrators, and government agencies, making it a versatile solution for a variety of applications.
Market Expansion and Future Plans
With the Series A funding, Attochron plans to scale its operations, expand its market presence, and continue its collaborations with major carriers and enterprise customers. The company is set to target markets where the demand for high-speed, cost-effective connectivity is critical, including rural and underserved areas.
“We are thrilled to have the support of TCR as we prepare for the market launch of our ALTIS-7™ system. Their backing will enable us to rapidly scale and bring this transformative technology to industries that need it the most,” said Attochron’s leadership.
About Three Cities Research (TCR)
TCR, a private equity firm with a rich history dating back to the 1970s, focuses on investing in businesses with untapped potential. The firm has invested in a variety of industries, including manufacturing, distribution, services, and retail. TCR’s president, J. William ‘Bill’ Uhrig, has been instrumental in guiding the firm’s investments and operational strategies. With TCR’s expertise and backing, Attochron is well-positioned to achieve its growth and market penetration goals.
Bridging the Digital Divide
Attochron’s technology holds significant promise for addressing the digital divide, particularly in remote and underserved areas where laying traditional fiber-optic cables is impractical or too expensive. By leveraging its free-space optical communications system, Attochron aims to provide high-speed internet connectivity without the need for costly infrastructure investments, offering a viable alternative to satellite and fiber-based solutions.
With the upcoming launch of the ALTIS-7™ FSOC system, Attochron is set to play a pivotal role in bringing reliable, high-performance wireless connectivity to regions that need it the most, contributing to global efforts to bridge the digital divide. The $15 million Series A funding is a crucial step in realizing this vision, enabling the company to scale its technology and deliver impactful solutions to carriers, enterprises, and governments worldwide.
As Attochron continues to grow and expand its market presence, its innovative optical wireless technology could become a cornerstone in the effort to provide equal access to digital infrastructure across the globe.
