LyteLoop raises $40 million to release satellites that utilize light to keep data

by RJ Shara | Feb 9, 2021 | Startups

Soon, your cloud picture backups could live on beams transmitted in between satellites rather of in substantial, power-hungry server farms here in the world. Start-up LyteLoop has actually invested the previous five years doing taking on the physics challenges that can make that possible, and now it’s raised $40 million to assist it leapfrog the staying engineering […] LyteLoop’s new funding will provide it with enough runway to accomplish its next significant milestone: putting 3 prototype satellites equipped with its novel data storage technology into orbit within the next 3 years. Harlev stated five years into its starting, the business is really confident in the science that underlies its information storage techniques– and thrilled about the advantages it might use over standard information warehousing technology utilized today.”Everyone on every single data center has the same exact same possible maximum level of data security,” he said. Anything that can be used on Earth, we can apply in our information center, but for example, the fact that we’re storing information on photons, we could put in quantum file encryption, which others can’t. On top of security, LyteLoop’s model likewise offers benefits when it comes to privacy, because the information it’s saving is technically constantly in transit in between satellites, which suggests it’ll be subject to an entirely different set of guidelines vs. those that come into play when you’re talking about information which is warehoused on drives in storage facilities….