Fundraising Fox

Altaeros

Boston, US · 2 known investors

altaeros.com ↗

Altaeros builds autonomous tethered aerostats controlled by its Aerostat Autopilot system, which handles launch, landing, and flight operations without on-site crews. The platforms serve government customers such as armed forces, homeland security, and border protection, as well as commercial uses including network resilience, disaster response, telecom, and industrial IoT.

Defense TechHardwareIoTin /altaeros@altaerosinc

Founders & leadership

BG
Benjamin GlassExecutive Officer, Director, Promoter
JL
Jeff Lloyd-JonesExecutive Officer, Director
JB
John BaileyExecutive Officer
PS
Philip ShevrinDirector
AR
Adam ReinExecutive Officer, Director, Promoter
BG
Ben GlassinCEO/CTO
SM
Shigeki MiwaDirector
MQ
Mauricio QuintanaDirector
SB
Stephen BrackettDirector
AC
Arunas ChesonisDirector
RG
R. Gerrard SalemmeDirector

Investors · 2

In-Q-TelTysons · $100K – $2.5M
Safar PartnersCambridge

Reported raises · per SEC filings

Form D private placements
▶$5.6MraisedJun 2025 · 4 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • R. Gerrard SalemmeDirector
  • Shigeki MiwaDirector
  • Mauricio QuintanaDirector
  • Jeff Lloyd-JonesExecutive Officer, Director
  • Stephen BrackettDirector
  • John BaileyExecutive Officer
  • Arunas ChesonisDirector
  • Benjamin GlassExecutive Officer, Director, Promoter
Offering amount
$9M
Amount sold
$5.6M
First sale
Dec 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$8.5MraisedMar 2024 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Stephen BrackettDirector
  • R. Gerrard SalemmeDirector
  • Shigeki MiwaDirector
  • Arunas ChesonisDirector
  • Benjamin GlassExecutive Officer, Director, Promoter
  • Ike OkonkwoExecutive Officer
  • Mauricio QuintanaDirector
  • Jeff Lloyd-JonesExecutive Officer, Director
Offering amount
$14M
Amount sold
$8.5M
First sale
Jun 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$34.8MraisedJul 2022 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • R. Gerrard SalemmeDirector
  • Philip ShevrinDirector
  • Stephen BrackettDirector
  • Benjamin GlassExecutive Officer, Director, Promoter
  • Adam ReinExecutive Officer, Director, Promoter
  • Shigeki MiwaDirector
  • Mauricio QuintanaDirector
Offering amount
$34.8M
Amount sold
$34.8M
First sale
Jun 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3.8MraisedNov 2018 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Shigeki MiwaDirector
  • Mauricio QuintanaDirector
  • R. Gerrard SalemmeDirector
  • Philip ShevrinDirector
  • Ben GlassExecutive Officer, Director, Promoter
  • Adam ReinExecutive Officer, Director, Promoter
Offering amount
$6M
Amount sold
$3.8M
First sale
Oct 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.