Aalyria has closed a $100 million Series B financing that values the Livermore, California company at $1.3 billion, with the round led by Battery Ventures and J2 Ventures and participation from DYNE and other investors.
The capital will be used to scale two core products: Spacetime, an AI-driven orchestration platform for managing complex multi-network connectivity, and Tightbeam, ultra-high-speed laser communications terminals designed for satellite constellations and defence applications. Together, the company argues, they provide the adaptive, high-throughput networking layer that next-generation satellite infrastructure has lacked.
Where the technology came from
Aalyria was founded in 2021 when CEO Chris Taylor and CTO Brian Barritt acquired two inventions developed over more than a decade of research at Google and Lawrence Livermore National Laboratory. The founding story matters because it explains the technical depth the company is claiming relative to newer entrants in the space connectivity market.
"We started Aalyria to build what space has been missing: a true communications and networking layer that scales with human and market demand," Taylor said.
Who is already using it
The company says its orchestration and optical terminals are deployed in operational commercial satellite programmes and government missions, giving it a credibility argument that pure-development-stage competitors cannot make. Telesat has publicly backed the technology, with Telesat president and CEO Dan Goldberg describing Aalyria's orchestration and network-optimisation tools as a key performance and resiliency enabler for the Telesat Lightspeed low-Earth orbit architecture.
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That reference customer matters. Telesat Lightspeed is one of the more closely watched LEO constellation programmes outside the SpaceX ecosystem, and an endorsement from its leadership carries weight with both commercial and government procurement audiences.
Aalyria operates from headquarters in Livermore with offices in Washington, Pittsburgh and London, a footprint that reflects the dual commercial and defence focus the company is pursuing. Berenson and Company acted as exclusive financial adviser on the round.
The recap
- Raised $100 million in Series B financing led by Battery Ventures.
- Round values Aalyria at $1.3 billion post-money valuation.
- Funding will expand deployment of Spacetime and Tightbeam.
