Singapore-based startup Zero-Error Systems (ZES) has raised $7.5 million in a Series A funding round to support its research and development in Singapore. The company’s radiation-hardened semiconductor integrated circuits technology targets customers in the satellite subsystems and energy management sectors. ZES’s power management solutions, designed for space applications initially, could also be used for consumer electronics and industrial applications. The startup was spun out of Nanyang Technological University in Singapore in 2019. Three Japanese satellites and a European satellite operator currently use ZES’s technology. The radiation-hardened electronics market is projected to reach around $4.5 billion by 2030.
Frequently Asked Questions (FAQs) Related to the Above News
What is Zero-Error Systems?
Zero-Error Systems (ZES) is a Singapore-based startup that specializes in developing radiation-hardened semiconductor integrated circuits technology for various sectors, including satellite subsystems and energy management.
Who founded Zero-Error Systems?
Zero-Error Systems was spun out of Nanyang Technological University in Singapore in 2019.
What is the purpose of the $7.5 million funding raised in Series A funding round by Zero-Error Systems?
The $7.5 million funding raised in the Series A funding round by Zero-Error Systems will support the company's research and development efforts in Singapore to further its radiation-hardened semiconductor integrated circuits technology.
Which sectors does Zero-Error Systems target with its radiation-hardened semiconductor integrated circuits technology?
Zero-Error Systems targets customers in the satellite subsystems and energy management sectors with its radiation-hardened semiconductor integrated circuits technology.
Apart from developing power management solutions for space applications, which other sectors can Zero-Error Systems cater to with its technology?
Apart from developing power management solutions for space applications, Zero-Error Systems technology could also be used for consumer electronics and industrial applications.
How many satellites currently use Zero-Error Systems technology?
Three Japanese satellites and a European satellite operator currently use Zero-Error Systems technology.
What is the projected market size of the radiation-hardened electronics market by 2030?
The radiation-hardened electronics market is projected to reach around $4.5 billion by 2030.
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