Altaeros’ mission is to rapidly expand affordable, state-of-the-art connectivity to rural communities around the world. The Altaeros SuperTower uses the world’s first autonomous aerostat platform to deploy high-speed mobile broadband in rural markets at a fraction of the cost of alternatives. Each SuperTower replaces a network of 15 traditional cell towers and seamlessly integrates into the existing cell network.
Altaeros was founded at MIT in 2010 and has raised funding from SoftBank Group Corp., Mitsubishi Heavy Industries, the Suhail Bahwan Group and Ratan N. Tata, and has received technology development grants from, the U.S. Department of Agriculture and the National Science Foundation. The company operates out of Greentown Labs, the largest clean technology incubator in the U.S., located in Somerville, Massachusetts.