SpotterRF Gets Funding From In-Q-Tel
Orem, Utah-based SpotterRF, a developer of miniaturized radar systems used for tactical surveillance by the military, has scored a funding round from In-Q-Tel, the venture capital arm of the CIA. SpotterRF did not disclose financial terms of the investment, but said the deal included both a strategic investment and development agreement with IN-Q-Tel. SpotterRF has created a miniaturized radar system which can be mounted on vehicle or otherwise set up easily in the field, and can be used to detect ground movement and track personnel movement within a 148 acre space. The firm said its product is ideal for the military, to provide ambush alerts at night and in poor weather conditions.
posted on Thursday, August 12, 2010 (Link to more information)
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