Entropia Secures €60 Million For Accelerated Growth And Innovation

Oostkamp, Belgium, May 29, 2024

Entropia, a leading mission-critical network operator founded in 1990, has secured €60 million in funding to fuel its growth and innovation initiatives.

This significant capital injection, scheduled to be finalised in the summer months, will empower Entropia to solidify its market position and push the boundaries of mission-critical communication solutions.

Strategic Investment for the Future:

The funding round will see current shareholders retain a 72% ownership stake, while a new silent minority shareholder will join the company. This strategic investment provides Entropia with:

• Growth Capital: The funding surpasses Entropia's immediate needs, allowing them to invest in strategic expansion and solidify their market presence.
• Innovation Engine: The capital injection fuels Entropia's dedication to continuous innovation, ensuring they remain at the forefront of mission-critical communication technology.

Outlook:

With significant assets and the new capital increase, Entropia can substantially expand faster its annual recurring growth. Market analysis reports consistently position Entropia as a visionary leader in the mission-critical communication space in a world market potentials of approximately $ 9 Bn.

Entropia's solutions offer unparalleled performance, reliability, and security, exceeding the capabilities of existing alternatives.

ComBus technology:

Entropia has been developing its own Command & Control room platform since 2002. The control room systems are cloud-based and mission-critical and are already in use by many important organisations. ComBus also allows you to communicate with other IT platforms.

Combonet Broadband 4G/5G:

Subsequently, Entropia is not only engaged in mission-critical TETRA technology but also in critical broadband technology under the brand name Combonet. This, in combination with ComBus' own development, allows us to provide a business-critical service in over 176 countries.

The customers:

Entropia's solutions empower a wide range of clients. These clients span critical sectors like government agencies, petrochemical and offshore wind farm operations, utilities, healthcare providers, transportation authorities managing public roads and railways, container handling facilities, and logistics companies.

For example, there are already various links that communicate with IT platforms such as those of the police and private security companies, water companies (underground measurements of water levels), sewage pumping stations, switching of high-voltage power stations, incident management and dashboard applications, control over coverage in buildings such as hospitals, tunnels, parking garages, caves, etc.

Entropia safeguards critical infrastructure through its advanced mission-critical communication solutions. These solutions include the Entropia TETRA network, a secure and reliable platform for real-time communication, and ComBus, a comprehensive suite of tools for managing and monitoring critical infrastructure.

Entropia website