Neural Propulsion Systems, a pioneer in hyper-resolution digital imaging radar technology, today announced a new Series B strategic investment from RTX Ventures, Raytheon Technologies’ venture capital arm.
The funding will assist NPS in developing next-generation radar technology capable of providing ten times the resolution and 2.5 times the range for mobility and defense applications.
According to Yole Group, the total available market for radar in 2025 will be $28 billion, with applications ranging from automotive and mobility to aerospace and defense. Increased scanning speed, resolution, reliability, and range will benefit each of these use cases. To deal with new threats, defense radars, in particular, require ever-increasing resolution.
NPS has successfully demonstrated game-changing radar performance to customers in the transportation and defense markets, demonstrating orders of magnitude improvements over existing radar technology.
NPS has created a new class of patented algorithms that enable improved order-of-magnitude radar performance and game-changing applications in the mobility and defense industries. Based on newly discovered mathematics, the award-winning AtomicSense Platform sets the standard for radar performance, dramatically changing how sensor data is processed and understood.
NPS AtomicSense technology uses new patented radar algorithms to achieve disruptively higher resolution, greater precision and superior reliability. Advances in radar technology enable vehicle operators to sense the most challenging and complex road environments, outperforming human vision. NPS radar performance is based on a new mathematical framework, the atomic norm, that transforms how sensor data is processed and understood. AtomicSense technology achieves revolutionary, never-before-seen radar performance that solves industry-level challenges and opens the door for the future of advanced driver assistance systems (ADAS), autonomous driving, and next-generation aerospace and defense systems.