BusinessEO

Umbra Releases a 16 cm Commercial Satellite Image

Commercial space imaging hit a new resolution high-water mark.  Satellite operator Umbra released a 16 cm/pixel Synthetic Aperture Radar (SAR) image today, making it the highest-res commercial satellite image ever dropped, according to the company. The image is comparable to the resolution that was previously restricted to government use. “This means that we are finally […]

BusinessEO

Edgybees’ American Hive is Buzzing, Officials Say

Ken Campbell, the newly-tapped head of Edgybee’s US arm, told Payload that it was an “easy decision” to come out of retirement to work with Edgybees because he believes the company’s tech will be so helpful to troops. Campbell, who served for 25 years as a Navy explosive ordnance disposal officer, has only been in […]

EOEquities

Danti Emerges From Stealth With $2.75M Pre-Seed Round

Danti is emerging from stealth today with the announcement of a $2.75M pre-seed funding round, according to a release shared with Payload. What is Danti? The startup, which was founded this year, seeks to make the huge amount of EO information collected in space and from other sources easier to use. The company is building […]

BusinessEO

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 […]

EOLEOStartups

Exclusive: TRL11 Raises $3M for Space Video

TRL11, a startup aiming to bring advanced video production and monitoring capabilities to the space domain, has raised a $3M pre-seed to scale up its team and production. Boost.VC led the round, which also included participation from Wonder VC, Anorak, Geek Ventures, Space Cadets, and several angel investors, including Launcher founder Max Haot. TRL11 101: […]

EOEquities

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 […]

EOStartups

NUVIEW Emerges from Stealth with 3D Mapping Ambitions

NUVIEW is looking to see the world in a whole new dimension.  The Orlando, FL-based startup emerged from stealth this morning with an ambition to map the globe in 3D each year and $1.2B in prospective customer contracts under its belt. The world in 3D: While there’s no shortage of companies supplying optical, hyperspectral, or […]

EOEquities

Planet Reports Record Q4 and FY2023 Earnings 

Planet ($PL) saw $191.3M in full year revenue, a 46% jump from last year, the company revealed Wednesday. This comes in at the top end of its previous projection of $188M to $192M.  Planet’s Q4, by the numbers: The company expects revenue to grow 35% this year, in the range of $248M to $268M. An […]

EOEquities

Satellogic Launches “Space Systems”

Satellogic is launching a new Space Systems product, the publicly traded satellite operator ($SATL) announced last week.  With Space Systems, Satellogic says countries or companies can buy and fly their own EO satellite “with submeter resolution, proven performance, and custom mission options.” In other words, the product represents a space-as-a-service offering for those who have […]

EOEquities

BlackSky Reports Q4 Results 

BlackSky ($BKSY) is paring losses; winning key contracts; and sees a near-term path to (adjusted) profitability. Those were the key takeaways bright and early at 7:30am on Tuesday, when the Herndon, VA satellite operator reported its fourth-quarter and full-year 2022 financial results.  For the full year, BlackSky pulled in $65.4M in revenue, up 92% over […]