SpaceBel, a space systems and software company, will seek to raise around 10 million euros ($11.8 million) in 2021 to initiate development of the constellation and prepare for a demonstration satellite launch in 2023.
Polish space industry startup KP Labs has awarded an order to Scottish cubesat manufacturer Clyde Space which will act as a subcontractor for the company’s Intuition-1 project
A key premise behind new solutions is the opening of the Earth observation market to more end users across further sectors; the idea of more customers paying for lower-cost solutions that are increasingly responsive to their needs targets an opening up of the business-to-business market.
The host satellite, built by Danish cubesat specialist GomSpace, is a so-called 6U cubesat measuring 20x30x10 centimeters.
Satellogic, a company developing a constellation of satellites designed to provide high-resolution and hyperspectral imagery, has raised $27 million to continue that effort in a round led by a Chinese company.