EOStartups

ConstellR acquires hyperspectral imaging company ScanWorld

ConstellR acquires hyperspectral imaging startup ScanWorld.

German thermal remote sensing startup ConstellR has acquired Belgian hyperspectral startup ScanWorld to offer better agricultural insights for end users. According to ConstellR, ScanWorld’s hyperspectral product development know-how will complement its own thermal infrared and data processing capabilities.

  • Both companies were founded in 2020 with the aim of offering Earth observation (EO) data to the agricultural industry
  • In October 2021, the companies signed a memorandum of understanding to combine EO expertise
  • This week, ConstellR acquired ScanWorld

With the acquisition closed, ConstellR expects to launch its first public-facing product within a month. It will offer a harmonized data stream integrating observations from Landsat, Copernicus, and the company’s own proprietary data, with a focus on water monitoring.

The ConstellR constellation

Currently, the company has a single asset in orbit, launched to the ISS via a Northrop Cygnus cargo spacecraft in February. But ConstellR has a roadmap to launch a pair of constellations that will offer proprietary thermal and hyperspectral observations:

  1. The first independent thermal system will be launched towards the end of 2023.
  2. That first system will be joined by three more, enabling daily revisit capabilities.
  3. The first hyperspectral systems will be launched starting from 2024.

In the future: Despite its disciplined ag focus in the near term, ConstellR hasn’t ruled out expansions into other verticals down the road.

Related Stories
EOEquities

Planet Hits Free Cash Milestone

“People look at the changing way in which these new technologies play into security, as they have in Ukraine—drones and satellites and AI—and they realize that they need them, and they need them quickly.”

BusinessStartupsVC/PE

Impulse Space Raises $300M Series C

Less than four years after its founding, the Series C brings Impulse’s total financing to $525M.

EO

Rocket Lab Snags IR Sensor-Maker In $275M Deal

“With this deal, Rocket Lab will officially enter the payload market as a disruptive prime contractor to US national security.”

EOLEO

Spire Emerges Anew After Nine Months Of Uncertainty 

Inside CEO Theresa Condor’s plans for a revitalized satellite company.