SkyMirr Secures $7.3M Series A Investment Led by Solyco Capital

MELBOURNE, Fla.–(BUSINESS WIRE)–SkyMirr, a leading innovator in advanced IOT/RF technology and devices, today announced the successful raise of $7.3 million USD in a Series A funding round led by Solyco Capital, a prominent private equity group specializing in growth-stage companies.

This strategic investment will accelerate SkyMirr’s growth in the rapidly expanding IoT and wireless communications markets. Solyco Capital will provide not only financial backing but also critical business and operational guidance to propel SkyMirr’s innovative technologies into broader global adoption.

“Partnering with Solyco Capital marks a transformative milestone for SkyMirr,” said Eric (Youngmin) Jo, Co-Founder and CEO of SkyMirr. “Their expertise and support will be invaluable as we scale our groundbreaking RF-driven technologies to meet the demands of the next generation of wireless communication.”

“SkyMirr is at the forefront of innovation in the IoT and RF technology space, which aligns perfectly with our mission to support transformative businesses,” said John Garcia, Founding Partner at Solyco Capital. “We are thrilled to collaborate with SkyMirr, providing not only the capital they need to grow but also the operational and strategic guidance to achieve their vision.”

“As Chairman, I’ve witnessed SkyMirr’s relentless drive to redefine wireless communication with cutting-edge solutions,” said Christopher Morton, Co-Founder and Chairman of the Board at SkyMirr. “This investment from Solyco validates our vision and positions us to deliver even greater value to our customers and stakeholders in the years ahead.”

About Solyco Capital

Solyco Capital is a unique private equity group that delivers capital solutions for late-stage startup and growth companies. Solyco Capital leverages Solyco Advisors for strategic, sales and operational support to help drive innovative companies to significant success. Solyco Capital is headquartered in Detroit with offices in Orange County, Dallas, and Miami. For more information, visit solycocapital.com.

About SkyMirr

SkyMirr is a pioneering provider of advanced RF solutions, specializing in revolutionary antenna technology that meets the ever-increasing demands of modern wireless communications. With a focus on enhancing performance across a broad range of frequencies and applications, SkyMirr’s patent-pending Multi-layer Coupling Controlled Antenna Technology (MulCAT®) leads the industry in delivering ultra-wideband solutions that perform at higher efficiency as compared to conventional antenna technology. Committed to pushing the boundaries of wireless technology, SkyMirr serves a global market, offering high-performance products designed to support the rapid evolution of 5G and beyond. For more information, visit skymirr.com.

Contacts

Lindsey Anderson
206-900-6093

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DAVID CARRIER

ADVISORY BOARD MEMBER

Industrial expert in sales and manufacturing. Founder and President of QuantumFlo, Inc. a leader in the manufacturing and distribution of advanced, variable speed controlled, packaged pump systems for commercial plumbing, HVAC, municipal, irrigation and industrial market applications. QuantumFlo’s innovative technologies are the most energy efficient and sustainable technologies in the world. Advisory board chairman in GrowFL. BS in Business Administration from U of South Florida

YOSHIOKI CHIKA

ADVISORY BOARD MEMBER

Telecommunication/Mobile Expert, experienced CTO of Mobile Carriers in Japan and contributed as a technical advisor for US T-1 carrier. He is a senior telecom advisor and sits on the board of the MulteFire Alliance. He was with Sprint as a technical advisor for the CTO. Prior to Softbank, he was formerly VP of Softbank’s Solution Strategy Office, CTO & Board of Directors at Wireless City Planning and EVP/CTO at WILLCOM. Prior to these roles, he spent 20 years at KDDI in Japan. BA in Physics from Ibaraki University.

ALEX WISSNER-GROSS, PH.D.

ADVISORY BOARD MEMBER

An award-winning computer scientist, entrepreneur, advisor, and investor. He serves as President and Chief Scientist of Gemedy and Managing Director of Reified and has taught at Harvard and MIT. He has founded, advised, and invested in 27 technology companies with a combined valuation of over $850 million. He is a contributing author of the New York Times Science Bestseller, “This Idea Must Die,” and the Amazon #1 New Release, “What to Think About Machines That Think.“ Ph.D. in Physics from Harvard University and S.B. in ECE from MIT.

DON HAWLEY

COMPANY BOARD MEMBER

Empowering Business to Succeed, Don is an industry expert in Finance, Business, and Operation. He has years of experience studying retail and hemp, CBD & cannabis industry trends, Partner in 2Go Advisory Group, President of hhharvest.co, Former chairman in Vistage Worldwide, Inc. BS from UC Berkeley. 

DR. DONNA HAMLIN, Ph.D.

INDEPENDENT BOARD MEMBER

Board Director, Executive and Advisor in Strategy, Global Governance and Business Transformation and award-winning developer of CASCADE® and Board Bona Fide® management tools. Founder of Boardwise, Inc., leading research and education on governance best practices. She holds Ph.D. and M.S. Rensselaer Polytechnic Institute and serves as adjunct professor in Business and Governance.

CARL LEE, MSEE

VP of Sales and PM, Korea

Over 25 years of sales and project management experiences in RF/Antenna industries. Previously Carl serviced global top tier companies such as SkyCross, LGE, ePlus in leadership positions including regional manager, Sales VP, and General manager. Received Masters dgree in Electrical Engineering from Florida Tech. 

BOB MILLER

Chief Financial Officer

Bob bring to SkyMirr his deep executive experience, having served as CFO and sometimes COO for two decades, raising funds and commercializing technologies. He deals with the complex integration of the regulatory, clinical, reimbursement, manufacturing, sales and marketing requirements for launching products and quickly growing revenue.

He earned his degree in economics and industrial engineering from Stanford and served in the Marines in Viet Nam. While on duty, he took a mail order course about Security Analysis and immediately set his goal to become an investment banker or security analyst. Early on, he was interested in math, numbers, and solving complex puzzles so the stock market with a strong sense of competition guided his professional interest in finance. With that in mind, he attended Columbia’s MBA program, with a focus of finance and accounting and worked on early programming tools that are the foundation of what we know as excel tools today.

He joined GAF Corporation, a billiondollar revenue conglomerate, where he designed and drove a plan resulting in a sale of 30% of the company, significant profitability increases, 40% boost in stock price and his promotion to CFO. Next, he became Treasurer of Mead Corporation, a $4 billion revenue company with a high floating debt position at 13% interest rates during a recession in the paper industry. He secured creative, sizable funding of $3 billion+in 6 years, along with several large acquisitions.

A collaborative leader who likes to work with people and support others, Bob contributes his financial expertise and analytical problem-solving approaches to help clients achieve their goals. A resilient and active man, Bob enjoystime with his family, cycling and Zumba classes for a life of full-expression.

FRANK (TAE HO) SON, PH.D.

Chief Scientist

Over 30 years of experience in RF/Antenna/Medical areas as an academic/industrial leader such as Professor of Soonchunhyang University, Senior researcher in LGE, and Chairman of ITS (Intelligent Transportation System), the honored academic institute in Korea. 

Prior experiences include:

  • 1978-1987 : Gold Star Precision Co. LTD (Senior Eng. in Central LAB) – R&D for RADARs, Guided missile system, Antennas and RF devices
  • 1990-2021 : Professor, Dept of IT engineering, SoonChunHyang university, South Korea
  • 1992-1994 : Researcher, KASI (Korea Astronomy and Space Science Institute) – Design for mmw horn antenna
  • 2000-2004 : TEO, Nissi Telecomm Co. LTD – R&D for mobile antennas
  • 2021-current : Emeritus professor, SoonChunHynag university, South Korea

Ph.D. in Electronic Communication Engineering from Hanyang University. Published over 316 papers and 34 patents.

KERRY GREER, MSEE, MBA

Co-Founder and Chief Revenue Officer

Mr. Kerry Greer is a highly driven, results-oriented Executive. Prior to joining SkyMirr, he used to be in senior executive positions in Technology Companies such as Globalstar, L3Harris Communications, and ACR Electronics, with over 30 years of experience leading R&D, Business Development, Product Development, volume Manufacturing, and Sales/Marketing teams in the wireless telecommunications industry. 

Over 10 patents for RF/antenna and communication systems design. MBA and MSEE from University of Florida

CHRISTOPHER MORTON, PH.D.

Co-Founder and Board Chairman

Over 30 years of experience in executive roles in IT/Display/Wireless Industries. An industry leader in business development/fundraising/startups. Currently CEO of NanoPhotonica, Operating Partner in Orchid Black, and Member of Orlando Tech Council.

He launches and accelerates the profitable growth of companies by creatively mapping technology to successful business models and market / customer penetration strategies, by leveraging industry partnerships, and by securing institutional and strategic investment.

His specialties are on Company vision, strategy and business planning

  • Corporate equity and debt financing -over $85M from leading VCs and private equity firms
  • Global operational planning and execution
  • Global team development
  • Global mergers & acquisitions
  • Global Tier 1 customer acquisition and retention
  • Technical innovation and realization

Ph.D. in Communication Systems from University of Pennsylvania

ERIC (YOUNGMIN) JO, PH.D.

Co-Founder and Chief Executive Officer

Over 25 years of experience in RF/antenna technology and operations management. Various executive/technical positions including CEO, CTO, COO, VP and President for industry leading companies such as Taoglas, SkyCross, Samsung Electronics, etc.

Dr. Jo is a perfect leader to grow the RF Company. He majored antennas/RF technology in his Ph.D. and has deep knowledge in RF technology and products.

Prior to founding SkyMirr, Dr. Jo served Taoglas, as a global VP of Operation where he achieved significant improvements in project/product management, cost reduction, supply chain management, shipping, quality control, and others.

In his early career, he was one of the founding members of SkyCross, a Florida based start-up. He served the company as VP, COO, and eventually CEO, where he was able to grow it to one of the global leading RF companies with six hundred employees, and have business with global top-tier customers. 

He owns over 35 patents for antenna and RF system design. Dr. Jo received Ph.D. in Electrical Engineering from Florida Tech, BE from Korea University.