TAMPA, Fla. — Antenna maker Kymeta said March 15 it has raised $84 million to expand manufacturing facilities ahead of deploying its first flat panel, electronically steered user terminals for low Earth orbit (LEO) satellites this year.

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Jason Rainbow writes about satellite telecom, finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information Group,...