Wyvern Raises $6M To Boost Hyperspectral Data Biz
“We wanted to get to market faster than everyone, and we have.”
Stories about the Earth Observation industry’s eyes on our planet.
“We wanted to get to market faster than everyone, and we have.”
While the company has won large contracts for its wildfire monitoring capabilities it’s also recognizing new verticals where its data can drive commercial interest.
Both companies are owned by the same private equity firm, Antarctica Capital, which has been influential in finding synergies between the two businesses.
“The Tanager data cube is a very different beast.”
China has bested the US in the commercial remote sensing Olympics, at least according to the Center for Strategic and International Studies.
The strategy commits to utilizing commercial EO capabilities wherever possible, reaffirming ESA’s strong public-private relationship.
The potential ROI is substantial: The company is expecting to achieve a 10x improvement on its current 90-minute or less tasking-to-imagery delivery timeline.
The startup’s sales have ballooned from less than $1M in revenue at the start of the year to more than $10M now, CEO Shoaib Iqbal revealed to Payload.
The commercial remote sensing industry is on the rise but needs more backing from the government to reach its full potential, according to a report released Wednesday.
This launch will make Botswana the 16th African nation with a satellite in orbit, joining other members of the rapidly-growing African Space Agency.
As the fourth and final satellite in NOAA’s GOES-R series, it will keep an eye on the eastern side of the Americas
Amid climate change and rising waters, Floodbase is seeking to use space data to streamline the flood insurance process.