Tag: Earth observation
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Satellogic and SynMax Partner to Develop AI-Powered Geospatial Intelligence Solutions
Satellogic and SynMax have announced a strategic collaboration to develop geospatial intelligence products that combine satellite imagery with artificial intelligence-driven analytics for defense, intelligence, and security customers. The partnership brings together Satellogic’s Earth observation infrastructure and SynMax’s AI-based intelligence platform, with the companies aiming to deliver persistent monitoring and analysis capabilities across a range of…
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OHB Launches €510 Million Share Offering to Fund Expansion and Strategic Investments
German aerospace and satellite manufacturer OHB has priced a previously announced share offering aimed at raising up to €510.7 million ($585.8 million) to support expansion plans across its space and technology businesses. The company said it will issue up to 1.7 million new shares at a subscription price of €300 per share as part of…
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Loft Orbital and NASA JPL Partner to Demonstrate AI Software in Orbit
Loft Orbital has entered into an agreement with NASA’s Jet Propulsion Laboratory (JPL) to host and operate artificial intelligence software demonstrations in orbit as part of a NASA-funded Earth science technology program. The collaboration supports the Federated Autonomous MEasurement (FAME) project, which is funded by NASA’s Earth Science Technology Office (ESTO) and focuses on advancing…
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NewOrbit Raises $18.5 Million to Commercialize Very Low Earth Orbit Satellite Operations
European satellite manufacturer NewOrbit has closed an oversubscribed $18.5 million Series A funding round to accelerate the commercialization of very low Earth orbit (VLEO), a region of space that has historically been considered too challenging for long-term commercial operations. The funding round was led by Voyager Ventures and included participation from several new and existing…
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Alén Space Advances Atlantic Constellation Role as Spanish Satellite Program Enters Production Phase
Alén Space has reached a new milestone in its participation in Spain’s contribution to the Atlantic Constellation (ESCA), following the successful completion of the project’s Critical Design Review (CDR), a key step that allows the program to move into the production phase for satellites and onboard payloads. The Atlantic Constellation is a joint Earth observation…
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ICEYE Raises €450 Million at Valuation Exceeding €10 Billion in Major Defence and Space Funding Round
Finnish space technology company ICEYE has raised €450 million in a Series F funding round, valuing the company at more than €10 billion and marking one of the largest private financings in Europe’s defence and space sectors. The funding round was led by General Atlantic and includes participation from a group of new and existing…
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ICEYE Raises €1B at €10B Valuation for SAR Expansion
Why did ICEYE just become Europe’s most valuable space company? ICEYE has secured over €1 billion in funding at a valuation exceeding €10 billion, making it the largest funding round in European space history and positioning the Finnish synthetic aperture radar (SAR) specialist as a direct competitor to U.S. Earth observation giants like Planet Labs…
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Planet Labs Secures Expanded NGA Contract for AI-Enabled Maritime Intelligence Services
Planet Labs has received a $22 million contract option from the U.S. National Geospatial-Intelligence Agency (NGA) to continue providing artificial intelligence-enabled geospatial analytics for military and government users. The award expands work that began under a $13 million contract issued last year through the NGA’s Luno B program, which uses unclassified commercial imagery and analytics…
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Bellatrix Aerospace Partners with TelePIX for VLEO Demo Mission
Will Bellatrix Aerospace’s VLEO Mission Prove Commercial Viability Below 450km? Bellatrix Aerospace has partnered with Korean optical payload manufacturer TelePIX to develop a very low Earth orbit demonstration satellite targeting a NET 2028 launch. The collaboration pairs Bellatrix’s electric propulsion expertise with TelePIX’s imaging systems to test sustained operations in the 200-450km altitude range where…
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Vast Expands Into Satellite Bus Market With High-Power Spacecraft Platform
Vast said it will enter the satellite bus market with a new high-power spacecraft platform aimed at commercial, Earth observation and national security missions. The company announced plans to offer a 15-kilowatt-class satellite bus designed for high-volume and lower-cost deployment across a range of orbital applications. Vast also said customers will have the option to…