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MatrixSpace

Category: Computer Vision

MatrixSpace provides an AI-powered sensing platform that uses a network of small, low-power, 4D imaging radars to detect and track objects and motion in real-time. MatrixSpace was founded in 2019. The company is led by Gregory Waters. Based in Burlington, MA, USA. Team size: 51-200. Total funding raised: $58 million. Latest round: Series B. Key investors include The Raptor Group, OTB Ventures, L3Harris, Intel Capital.

Founded
2019
Headquarters
Burlington, MA, USA
Team size
51-200
Total funding
$58 million

Value proposition

To provide military-grade, AI-powered radar capabilities in a portable, affordable, and easy-to-use package, making advanced situational awareness accessible for a wide range of applications.

Products and solutions

MatrixSpace Radar: A compact, high-performance 4D imaging radar., MatrixSpace 360º: Complete low airspace coverage with multiple radar units, MatrixSpace AI Platform: Enterprise cloud and edge-level software powering airspace alerts, unified threat intelligence, scalability and resiliency., MatrixSpace Fusion 360: Networkable, multi-sensor C-UAS detection fusing radar, optical, and RF/Remote ID data., MatrixSpace Expeditionary Radar: All-in-one tactical radar system for front-line guardians., Portable 360 Radar: Revolutionary portable radar for rapid counter-drone operations

Unique value

MatrixSpace's core innovation is its AI-driven collaborative sensing platform. Unlike traditional radar systems, it uses a distributed network of small, low-cost sensors that work together to create a more comprehensive and higher-resolution picture of an environment. This allows for real-time 'digitization of the outdoors'.

Target customer

Defense, government agencies, and enterprise clients in critical infrastructure and public safety.

Industries served

Defense and Military, Public Safety and Security, Critical Infrastructure, Autonomous Systems (Drones, Robotics), Utilities and Linear Structures, Smart Cities

Technology advantage

The key technological advantage is the use of AI and edge computing to process vast amounts of sensor data in real-time, enabling rapid detection and response. The business advantage lies in the affordability and portability of their hardware, which opens up new markets and applications that were previously inaccessible with traditional, more expensive radar systems.

How they differentiate

MatrixSpace differentiates itself through its focus on producing military-grade, portable, and affordable AI-powered radar systems. Their key differentiators are the small size (smartphone-sized), low weight, and cost-effectiveness of their high-performance 4D imaging radar, which makes it accessible for a wider range of private, commercial, and local government applications beyond traditional military use. The integration of AI at the edge allows for real-time processing and enhanced situational awareness without reliance on the cloud.

Main competitors

Echodyne, Dedrone, L3Harris

Key partnerships

US Air Force (AFWERX): Contracted to develop distributed radar systems for base defense., Dell Technologies: Collaborating on public safety and security solutions via Dell NativeEdge., Department of Homeland Security (DHS): Engaged in innovation programs (HSWERX awarded MatrixSpace Radar for CBP)., L3Harris: Strategic investor and collaboration partner for counter-drone solutions., The Raptor Group: Lead investor in Series B funding., OTB Ventures: Co-lead investor in Series B funding., Intel Capital: Early investor and strategic partner., Sagetech Avionics: Collaborating on advanced Detect and Avoid solutions (May 2025)., DroneSense: Integrated AI-enabled radar for DFR operations (July 2025)., Skyway: Partnering on aerospace navigation and air traffic detection (Jan 2025)., Volatus Aerospace: Supporting BVLOS drone services in Canada (Sept 2025)., BlueSky Innovations: Joint presence at SOF Week 2026 with integrated mast solutions.

Notable customers

Advexure (partnership to enhance drone solutions), L3Harris (collaboration on low-cost solution for detecting, identifying, and tracking drones), US Air Force (AFWERX contract for base defense systems), Department of Homeland Security (innovation programs), Palm Springs Police Department (DFR program covering 37 sq miles with radar network), U.S. Army V Corps (Operation Flytrap 5.0 in Lithuania), Volatus Aerospace (BVLOS detect and avoid), Campbell Police Department (BVLOS waiver for DFR)

Major milestones

Secured $20M in Series B funding in October 2025., Began first shipments of the MatrixSpace Radar in February 2024., Selected as a finalist in the DIU's (Defense Innovation Unit) Low-Cost Sensing challenge for counter-drone detection., Debuted the MatrixSpace Radar, its first AI-based sensing product, in April 2023., Won the U.S. Army xTechCounter Strike competition in December 2025., Launched Portable 360 Radar for rapid counter-drone operations in December 2025., Announced major Multi-Sensor Edge-to-Cloud AI Software Platform update in February 2026., Launched MatrixSpace Fusion 360, portable multi-sensor C-UAS detection system, in February 2026., Leased 10,569 sq ft office and R&D space at 76 Blanchard Road, Burlington, MA in March 2026.

Growth metrics

Specific growth metrics such may revenue or user numbers are not publicly disclosed. The company has achieved significant milestones including winning the U.S. Army xTechCounter Strike competition and being selected as a finalist in DIU's Low-Cost Sensing challenge.

Market positioning

MatrixSpace is positioned as an innovator in the counter-drone and sensing market, offering advanced, military-grade capabilities in a compact and affordable package. They are targeting both defense and commercial markets, aiming to make high-performance radar technology more accessible for applications like perimeter security, drone detection, and situational awareness for public safety and infrastructure.

Geographic focus

MatrixSpace is based in the United States and appears to have an initial focus on the North American market. However, with investors like OTB Ventures, a leading European investor, they are also indicating a strategic interest in the European market and potential collaboration with NATO-linked entities.

Patents and IP

Specific patent information is not publicly detailed, but the company's innovation is rooted in its unique approach to RF technology, intelligent systems, and AI. Key executives hold numerous patents - Dan Nobbe has over 50 patents in RF and radar systems.

About Gregory Waters

Previously the President and CEO of Integrated Device Technology (IDT), which was acquired by Renesas. Before that, he was the EVP and GM at Skyworks Solutions and held management positions at Agere Systems and Texas Instruments.

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