Kylie Kirschner
Orbital Composites, Virtus Solis Team on Space-Based Solar Power Station
Two startups are working together to build the world’s first commercial space-based solar power (SBSP) station which will capture the Sun’s energy in orbit and wirelessly transmit it to Earth for continuous use. Orbital Composites and Virtus Solis announced the MOU yesterday for the station, which will use photovoltaic arrays to collect solar energy in…
Hydrosat acquires IrriWatch
Climate tech company Hydrosat announced this morning that it has completed the acquisition of IrriWatch, a Netherlands-based irrigation management software company. The deal has been in the works for over a year. The acquirer: Hydrosat uses satellite thermal infrared imagery and data analytics to measure water scarcity and the effects of climate change. The company…
BlackSky Reports Q1 Results
BlackSky ($BKSY) is predicting a boom in 2023, partially driven by growing government demand for its Earth observation imagery and geospatial intelligence. By the numbers: 2023 outlook: BlackSky remains bullish on its projections for the rest of the year, including annual revenue between $90M-$96M, which would be a 42% increase from 2022. The company’s top…
