VCA Stocks

MMIC Solutions Ltd., a Ledbury, UK-based provider of module and subsystem solutions for commercial millimetre wave applications, has raised Gbp2.7 million ($5.258 million) in Series A funding.  The company has already developed and sold 94GHz receivers to a number of manufacturers of millimetre wave security imaging systems. The ability to use millimetre waves to detect non-metallic materials concealed about the body including weapons, explosives, and illegal goods is generating a lot of interest, with systems being deployed at many commercial and civic infrastructure locations, and at airports in the US and Europe.  The company is also developing low cost modules for high capacity communications applications. These links support data rates of 1Gbit/sec and more, and operate in various unlicensed and ‘light-licensed’ bands between 60 and 80GHz.