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<\/a><\/a>\nRavee today announced an oversubscribed $6 million funding round led by BIG Capital, a Vietnam-based investment firm with several successful space tech investments in its portfolio, along with co-investment from JobsOhio Ventures and Cincinnati-based CincyTech. The financing follows Ravee\u2019s graduation from the Seraphim Space Accelerator last year.<\/p>
\nLeveraging decades of experience with optical technology, including time with the Air Force Research Lab in Dayton, Ohio, co-founders Piyush Shah and Augustine Urbas formed Ravee Optics to apply next-generation optical technology to rapidly growing defense and commercial markets.<\/p>
\n\u201cWe are building ultra-compact optical communications terminals to serve the growing demand for on-orbit data transport,\u201d said Shah. \u201cWe built our technology to address this challenge at scale with revolutionary optics technology and design for manufacturing to enable wider deployment of optical communications across the future space ecosystem.\u201d<\/p>
\nThe company\u2019s initial focus is addressing the limitations of current satellite communication technology by building optical communication systems designed for scale. Its hardware is smaller, lighter, and easier to produce in large volumes, making it possible to deploy more systems across growing satellite networks.<\/p>
\nThe company\u2019s systems use lasers to transmit data between satellites, enabling faster communication than traditional approaches. By redesigning how these systems are built, Ravee can deliver significantly more data\u2014up to 10 to 100 times greater than current standards\u2014using smaller, lighter hardware to transport that data.<\/p>
\nRavee has generated early revenue through testing programs and has demonstrated the core optics technology through a U.S. Air Force program. The company is working with government and commercial partners as it moves toward eventual deployment across satellite networks.<\/p>
\n\u201cWhat stands out about Ravee is their focus on building smaller and lighter systems that can be produced and deployed at scale\u2014across large and growing satellite networks,\u201d said Lt. Gen. John F. Thompson (retired) who was Commander of the Space and Missile Systems Center, Los Angeles Air Force Base and advisor to Ravee and board member.<\/p>
\n\u201cAI is driving a surge in data in space, and the systems to move that data haven\u2019t kept up,\u201d said Emma Off, CEO of CincyTech. \u201cRavee is focused on solving that bottleneck with an approach built for scale. This investment marks our entry into the space economy and reflects our focus on backing companies solving real problems in growing markets.\u201d<\/p>
\nAlexander Holt, Managing Director of Seraphim Space Enterprise said: \u201cWe are delighted with the progress that Ravee Optics has made since graduating from the Seraphim Space Accelerator in 2025. Gaining early commercial revenues, and playing into the needs of defense markets and a strong investor base point to a very promising trajectory for the team.\u201d<\/p>
\n\u201cAs our nation continues its pursuit to advance technology and communication in space, Ohio innovators have a unique advantage to develop both military and commercial partnerships that can move these innovations forward,\u201d said JobsOhio President and CEO J.P. Nauseef. \u201cRavee is leveraging these exceptional resources, including the AFRL, to pioneer new ways to more rapidly move data and messaging via satellite and strengthen our national defense.\u201d<\/p>
\nThe investment will support Ravee\u2019s continued engineering and product development as it works toward testing in space and broader deployments across satellite networks.<\/p>
\nAbout Ravee Optics<\/b><\/p>
\nRavee Optics is a Dayton, Ohio\u2013based company developing laser communication systems designed to move large volumes of data across satellite networks. Its technology enables faster data movement using smaller, lighter hardware built for scale. Learn more at raveeoptics.com<\/a>.<\/p> \nAbout BIG Capital<\/b><\/p> \nBIG Capital is a Vietnam-based investment firm with several successful space tech investments in its portfolio.<\/p> \nAbout CincyTech<\/b><\/p> \nCincyTech is a leading early-stage venture capital firm dedicated to transforming visionary ideas into world-class companies. They partner with founders to solve the world\u2019s most complex challenges. Through seed and early-stage investment, hands-on management assistance, and capital formation support, CincyTech fosters a vibrant entrepreneurial ecosystem in Ohio. CincyTech\u2019s investment in Ravee Optics leverages matching funds from Ohio\u2019s State Small Business Credit Initiative (SSBCI) program. Learn more about CincyTech at cincytechusa.com<\/a>.<\/p> \nAbout JobsOhio Ventures<\/b><\/p> \nJobsOhio Ventures<\/a> is a subsidiary of JobsOhio<\/a>, Ohio\u2019s private nonprofit economic development corporation committed to helping businesses and their people thrive. JobsOhio Ventures serves as the preferred strategic partner for early-stage innovators in healthcare and transformational tech. As an evergreen co-investment fund, we provide frictionless capital to growing companies, as well as unparalleled access to the Ohio tech ecosystem to create and accelerate scale.<\/p> \nMedia Contact:<\/p>