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§ Private Profile · 12101 Crenshaw Blvd, Hangar 13, Hawthorne, California 90250, US
Develops satcom user terminals with phased array antennas for military and broader global satellite internet access.
Farcast, Inc has raised $8.0M across 1 funding round.
Key people at Farcast, Inc.
Farcast, Inc has raised $8.0M in total across 1 funding round.
Farcast, Inc is a San Francisco-based hardware manufacturer that develops advanced satellite communication user terminals featuring phased array antennas capable of simultaneous transmission and reception on a single aperture. The enterprise operates with a team of 12 employees and targets both military and commercial telecommunications sectors to unlock broader global satellite internet capacity. The company has secured more than $4 million in total government and commercial contracts, which notably includes a $1.25 million SBIR Phase II award from AFWERX. To support its transition toward scaled manufacturing in 2026, the firm has raised $13.6 million in venture funding from prominent investors including Y Combinator, Blue Yard, MaC Venture Capital, and Fifty Years. Originally operating under the name UTVate before a strategic rebranding in April 2025, Farcast was founded in 2019 by Siamak Ebadi.
Farcast, Inc. is a private technology company founded in 2016, headquartered in Hawthorne, California, specializing in advanced hardware and software for satellite communications and precision delivery systems[1][2][3]. Initially focused on aviation, aerospace, UAVs, drone delivery, and logistics—developing technology for autonomous airdrop deliveries from commercial airplanes to remote areas—the company has evolved to build state-of-the-art flat panel antennas (FPAs) and SATCOM user terminals enabling global access to satellite internet, particularly for GEO and LEO satellites with electronic beamscanning to reduce size, weight, power, and cost (SWaP-C)[1][2][3][4]. It serves remote, rural, or inaccessible regions by solving connectivity challenges and last-mile delivery issues, with 1-50 employees, $100K-$5M annual revenue, and over $12.5M in total funding from investors including Lockheed Martin ($2M), Gogo, Telesat ($5M), and angels like Immad Akhund and Josh Buckley; growth includes a rebrand from UTVate[1][3].
Farcast, Inc. was founded in 2016 by Joel Ifill (Co-Founder & CEO), with early roots in Hawthorne, CA's aerospace hub, initially targeting UAVs, drone delivery, and precision airdrop logistics for commercial cargo to helipad-sized areas in hard-to-reach locations[1][2]. The idea emerged from needs in aviation & aerospace and technology hardware, gaining early traction in logistics before pivoting; a key moment was the rebrand from UTVate to Farcast to broaden its customer base, shifting emphasis to SATCOM under new leadership including Founder & CEO Siamak Ebadi[1][3]. This evolution reflects adaptation from drone-focused delivery to satellite tech, backed by investments like Telesat's $5M and Lockheed Martin's $2M, humanizing its path from niche logistics innovator to global connectivity player[3].
Farcast rides the explosive growth in satellite internet trends, fueled by LEO constellations like Starlink and demand for low-SWaP-C user terminals in mobility (airplanes, vehicles) and remote access[3][4]. Timing aligns with surging SATCOM needs post-2020s space race, where market forces like rural broadband gaps, defense logistics, and aviation connectivity favor compact AESA tech over bulky alternatives[1][2][3]. It influences the ecosystem by enabling affordable global internet in inaccessible areas, bridging drone delivery innovations to satcom hardware, and drawing aerospace giants (Lockheed, Telesat) to accelerate commercial adoption[3].
Farcast is poised for expansion in LEO/GEO satcom, leveraging rebrand momentum, strategic investments, and engineering talent to capture share in mobility and remote connectivity markets. Trends like proliferant LEO satellites, 5G integration, and defense contracts will shape its path, potentially scaling via partnerships with airlines or telcos. Its influence may evolve from niche innovator to key enabler of ubiquitous satellite access, building on precision delivery DNA to redefine global logistics and internet equity—cementing its role in an increasingly connected, airborne world.
Key people at Farcast, Inc.
Farcast, Inc has raised $8.0M in total across 1 funding round.
Farcast, Inc's investors include Jake Medwell, Loup Ventures, MiLA Capital, Perot Jain, Trust Ventures, Tusk Venture Partners.
Farcast, Inc has raised $8.0M across 1 funding round. Most recently, it raised $8.0M Dash Systems - Seed in December 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 16, 2020 | $8M Seed | Jake Medwell | Loup Ventures, MiLA Capital, Perot Jain, Trust Ventures, Tusk Venture Partners | Announced |
