AI News
EON emerges from stealth with $10.75M to replace undersea cables with space lasers
Endeavor Optical Networks (EON), a startup founded in May and emerging from stealth on August 4, 2026, announced $10.75 million in seed funding from General Catalyst and Andreessen Horowitz to build a network of laser-equipped satellites capable of carrying data between continents at terabit speeds — a potential alternative to the undersea fiber optic cables […]
