{"id":67907,"date":"2017-06-26T18:54:35","date_gmt":"2017-06-26T10:54:35","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/satellogic-closes-27-million-series-b-funding-round\/"},"modified":"2017-06-26T18:54:35","modified_gmt":"2017-06-26T10:54:35","slug":"satellogic-closes-27-million-series-b-funding-round","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/satellogic-closes-27-million-series-b-funding-round\/","title":{"rendered":"Satellogic Closes $27 Million Series B Funding Round"},"content":{"rendered":"<\/p>\n<p><strong>Satellogic<\/strong>, which operates a constellation offering high-resolution and hyperspectral data, announced it has closed a $27 million Series B funding round. The Series B round closed the same week as the launch of the company\u2019s sixth micro-satellite (the third in its high-resolution imaging constellation) on June 15&nbsp;from the Jiuquan Satellite Launch Center in China.<\/p>\n<p>Investors in this round include the Chinese company Tencent as the lead, backed up by Sao Paulo-based Pitanga, CrunchFund and other investors.<\/p>\n<p>Satellogic has created a micro-satellite platform that enables affordable monitoring of the planet at one meter of resolution, and high-frequency hyper-spectral data solutions ideally suited for advanced geo-intelligence and other applications.<\/p>\n<p>The hyperspectral camera is capable of 30 meter spatial resolution from orbit and has the ability to discern narrow spectral bands positioned with nanometric precision along the visible and near-infrared spectrum. Hyper-spectral imaging allows the advanced identification of both materials and molecular processes, and is particularly well-suited for agriculture, environmental and climate-change monitoring. Other applications of hyperspectral data include land use classification intelligence for industry and government planning as well as forecasting, mineralogical discovery and forestry management.<\/p>\n<p>With the March 2017 de-commissioning of the <strong>NASA<\/strong> Hyperion bird, Satellogic stated it is now the sole supplier of high-resolution hyper-spectral imagery in the world.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Satellogic, which operates a constellation offering high-resolution and hyperspectral data, announced it has closed a $27 million Series B funding round. The Series B round closed the same week as the launch of the company\u2019s sixth micro-satellite (the third in its high-resolution imaging constellation) on June 15&nbsp;from the Jiuquan Satellite Launch Center in China. Investors [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":58900,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-67907","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/67907"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=67907"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/67907\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/58900"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=67907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=67907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=67907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}