Finland’s Kuva Space raised 4.2 million euros ($4.85 million) to fund its campaign to establish a constellation of commercial hyperspectral cubesats.
An Indian startup raised $7.3 million to allow the company to continue work on a constellation of hyperspectral imaging satellites, the first step in its much bigger ambitions.
Hyperspectral satellite startup Orbital Sidekick (OSK) announced a contract Nov. 19 to work with an industry-led consortium to develop tools for monitoring of oil and gas pipelines.
An international consortium plans to launch a hyperspectral camera built by South Africa’s Dragonfly Aerospace on a NanoAvionics rideshare mission scheduled to launch in 2021 on a SpaceX Falcon 9 rocket.
Orbital Sidekick is speeding up its campaign to build and launch a constellation of six hyperspectral imaging satellites thanks to a $16 million U.S. government contract announced Oct. 15.
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.