Stories about the Earth Observation industry’s eyes on our planet.
This morning, Seattle-based BlackSky (NYSE:BKSY) reported Q4 and full-year 2021 results. Q4 financial highlights: BlackSky recorded $11.5M in revenue, up 79% year-over-year Operating loss stood at $31.9M; Adj. EBITDA loss was $14.4M (more on that below). Going into 2022, BlackSky had $168M in cash. In Q4, BlackSky recorded $14.4M in capex spend. Financial highlights for […]
Taking a page from e-commerce’s playbook, Ursa Space has added one-click ordering to its SAR imagery platform. Processing Ursa’s business, piece by piece: SAR, or synthetic aperture radar, has 24-hour, all-weather, cloud cover-piercing persistent sensing capabilities. The technique can be especially useful for object and change detection. But in its natural and raw form, SAR data is […]
Wyvern has received a CAD $4M (~$3.2M) investment from STDC, just weeks after the Canadian satellite imaging startup announced a $4.5M seed round and its inclusion in Y Combinator’s Winter 22 (W22) batch. STDC, or Sustainable Development Technology Canada, is an “arm’s-length” foundation funded by the Canadian government. STDC’s grant is non-dilutive and tied to […]
The UN’s 26th UN Climate Change Conference—or COP26—has started in Glasgow, Scotland. On the docket: decarbonization negotiations. Over 120 world leaders will gather in Glasgow over the next week. FYI: In its latest climate science report, published in August, the UN calls for the world to limit warming to 1.5°C above pre-industrial levels. What’s space got to do […]
Today, Cambridge, MA-based “Hedron” said it’s closed a $17.8M Series A. The on-orbit communications company (née Analytical Space) has officially rebranded to Hedron. Justin Timberlake from The Social Network would approve. The cap table: Fidelity-affiliated Fine Structure Ventures led the round, joined by Lockheed Martin Ventures, Republic Labs, Lime Street, and Explorer 1. Existing investors The Engine, Flybridge, […]
