TUSK IC raises $17.2M (€15M)

Company: TUSK IC
Round: Series A
Amount: $17.2M (€15M)
Market: Global
Region: Global
Investors: Matterwave Ventures, FORWARD.one, Flanders Future Tech Fund (managed by PMV), Schaubroeck family, existing investors
Announced: September 17, 2026

What happened

TUSK IC (KU Leuven spin‑out) closed a €15 million Series A round to commercialise standard CMOS Ka‑band beamformer ICs and accelerate volume production of flat‑panel satellite antenna components for LEO/MEO satcom terminals.

Why it matters

The round backs a semiconductor approach that could materially lower cost, power and scale barriers for user terminals — accelerating uptake of multi‑orbit connectivity and D2D/NTN services.

Satcom

Semiconductor

Series A

Source: TUSK IC (company press release)

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