El Segundo, CA – According to filings with the U.S. Securities and Exchange Commission, Phase Four is raising $26,999,998.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Beau Jarvis played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Phase Four
Based in El Segundo, California, Phase Four is enabling the exponential growth of satellite constellations by solving the satellites costliest problem, the propulsion system. The companys electrodeless RF thruster is the smallest plasma propulsion system available today, and can be scaled for use from CubeSat to SmallSat to school bus-sized satellites. By eliminating the most common failure points in incumbent technologies electrodes, high-voltage electronics, and complex fabrication Phase Four has built a system that is reliable and offers high-performance with baked-in manufacturability. Designed with tomorrows satellites and constellations in mind, the P4 RF thruster brings SmallSats the same performance levels of large satellites, in a simpler form factor.

To learn more about Phase Four, visit http://www.phasefour.io/

Contact:
Beau Jarvis, Chief Executive Officer
310-648-8454
https://www.linkedin.com/in/beaujarvis/

SOURCE: http://www.intelligence360.io
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