Stories about the Earth Observation industry’s eyes on our planet.
TRL11, a startup aiming to bring advanced video production and monitoring capabilities to the space domain, has raised a $3M pre-seed to scale up its team and production. Boost.VC led the round, which also included participation from Wonder VC, Anorak, Geek Ventures, Space Cadets, and several angel investors, including Launcher founder Max Haot. TRL11 101: […]
BlackSky ($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 […]
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 $1.2B in prospective customer contracts under its belt. The world in 3D: While there’s no shortage of companies supplying optical, hyperspectral, or […]
Planet ($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 $268M. An […]
Satellogic is launching a new Space Systems product, the publicly traded satellite operator ($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 […]
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 $65.4M in revenue, up 92% over […]
Yesterday, Umbra dropped a triple whammy. The Santa Barbara, CA-based startup 1) rebranded, 2) published licensing and pricing details for its SAR imagery, along with sharing some of that imagery for the first time, and 3) announced a key partnership with Maxar. We’ll take this whammy by whammy. #1: The rebrand Umbra’s logo, website, and […]
This morning, Maxar ($MAXR) announced that it has won a contract worth $192M over five years to supply American allies with high-res optical, SAR and 3D imagery. The National Geospatial-Intelligence Agency (NGA) award falls under the Foreign Commercial Imagery Program. The indefinite delivery, indefinite quantity contract will see the US and its allies tap data […]
This week, Orbital Sidekick announced a $10M raise from a group of strategic and existing investors. Energy Innovation Capital led the round, with energy firms Williams and ONEOK participating. The University of Minnesota’s endowment fund, 11.2 Capital, Syndicate 708, and In-Q-Tel also joined the round. Six-year-old, SF-based Orbital Sidekick is preparing to launch a six-bird […]
IBM’s AI foundation model tech is turning its focus to a new research target: Earth science. This morning, NASA and IBM announced a partnership that leverages the agency’s suite of geospatial data and historical imagery to generate insights on how the Earth and its climate has changed over time. IBM’s AI will analyze petabytes—that’s thousands […]
SkyFi believes that satellite imagery should be easily accessible and affordable for anyone to access. Today, the Austin, TX startup took a major step toward democratizing that data with the public launch of its mobile and web apps. The story so far: SkyFi built an entirely new app and interface for individuals to task satellites […]
Today, satellite startup Quub emerged from stealth mode with two Air Force contracts in tow. Pronounced like “cube,” the Lancaster, PA-based startup bills itself as a “data company,” placing an emphasis on the value of its eventual downstream analytics products. But don’t get it twisted—Quub is taking a verticalized approach to Earth observation (EO) and […]
