NTT Finance & Paspalis back Transcelestial’s $5.7M Raise
Paspalis Capital backs Transcelestial in bold move to reshape regional communications
Paspalis Capital has joined forces with Japan’s NTT Finance Corporation to co-lead a major investment in Transcelestial—the company behind cutting-edge laser communication networks that move data at extreme speed, without the need for fibre.
For Northern Australia, this means faster deployment of high-speed, secure connectivity—critical for defence, disaster response, and unlocking new industry. Paspalis is backing Transcelestial to bring this technology to the Territory, helping close infrastructure gaps and drive long-term growth.
The full announcement from Transcelestial outlines their vision for Australia, Japan, and beyond—including defence capabilities, advanced manufacturing, and a laser-powered space gateway built right here in the NT.
👉 Read Transcelestial’s full press release [here].
