The Company and Our Investment
Phasor Solutions, formed in July 2005, has developed an innovative approach to the construction of flat panel phased arrays that can achieve a much lower cost per element. This means that an entire phased array antenna can be built for a cost similar to that of a mechanically steered parabolic reflector antenna of comparable performance.
The funds invested will be used to complete the development of a working antenna, further protect the intellectual property and fund commerical development to achieve positive cash flow.
"Since Phasor's formation in 2005, the Octopus team and its Investor Group have played a major role in the considerable progress we have made. The level of support provided by Octopus goes beyond the provision of financing; the access to industry contacts and expertise that it gives will continue to play an integral part in the commercialisation of our flat panel phased array antennae, making Octopus the logical partner for our business."
Henry Hyde-Thomson, Chairman, Phasor Solutions