OSCP closed a Series A financing led by New Science Ventures to scale production of its ITAR-free photonic gyroscopes and inertial measurement units. Emerging Ventures and 2050 Capital also participated in the round.
New Science Ventures founder and Managing Partner Somu Subramaniam joined OSCP’s Board of Directors as part of the financing.
OSCP develops photonic gyroscopes and inertial measurement units for platforms that need to continue navigating when Global Navigation Satellite System signals are jammed, spoofed, degraded, or unavailable.
The company plans to use the financing to increase production in Montréal, expand its engineering and sales teams, and bring its next generation of photonic inertial sensors to market.
OSCP said the need for resilient navigation has expanded beyond traditional battlefield environments as GNSS interference increasingly affects airports, shipping lanes, and other civilian infrastructure.
The company’s sensors are designed to deliver tactical-grade photonic accuracy while maintaining the size, weight, power consumption, and cost profile associated with MEMS-based systems.
OSCP serves customers across space, defense, marine and subsea, rail, robotics, and autonomous ground systems.
Its products are manufactured in Canada and are ITAR-free.
Since completing the financing in August, OSCP has introduced NavigationGate, an inertial navigation system designed for platforms operating without reliable satellite signals.
The company also added ArduPilot support and an open-source ROS 2 driver for its MK2 IMU family.
OSCP has also qualified as a supplier on Canada’s Defence Drone Initiative Marketplace.
KEY QUOTES:
“Losing the satellite signal used to be a battlefield problem. Now it shows up over airports and shipping lanes. Customers want navigation they can trust when GNSS drops out, and they want it ITAR-free. This round lets us build more of it here, and faster.”
Kazem Zandi, Founder and CEO of OSCP
“We are very excited to join the team at OSCP to build the world’s best IMUs in terms of navigation performance, size, and cost. These IMUs have the potential to completely change the autonomous navigation paradigm in a wide range of applications in the defence and transportation sectors.”
Somu Subramaniam, Founder and Managing Partner of New Science Ventures
