Neural Propulsion Systems receives $17.5 million in funding to improve millimeter-wave radar performance

Startup Neural Propulsion Systems (NPS) announced the completion of a $17.5 million Series B financing round, with participation from GM Ventures, a venture capital company of General Motors. NPS's technology is based on a beamforming algorithm based on the atomic norm minimization theoretical framework, and is designed to improve the performance of millimeter-wave radar by more than 10 times.