Near Space Labs closes $13M Series A to send more Earth-imaging robotics to the stratosphere
The reducing cost of launch and a slew of other tech innovations have caused a renaissance in geospatial intelligence, with numerous start-ups intending to catch higher-quality and more regular images of Earth than have actually ever previously been readily available. Most of these startups, nevertheless, are concentrated on utilizing satellites to collect data. Not so for […] 4 years after launch, the company has closed a $13 million Series A round led by Crosslink Capital, with participation from Toyota Ventures and existing financiers Leadout Capital and Wireframe Ventures. Near Space, which is headquartered in Brooklyn and Barcelona, Spain, is mainly focused on urbanized areas where change happens very quickly. The main worth proposal of the Swifty as opposed to the satellite, according to Matevosyan, is the resolution: From the stratosphere, the business can collect”resolutions that are 50 times better than what you would get from a satellite,” she said. Image Credits: Near Space Labs (opens in a brand-new window) Near Space has booked more than 540 flights through 2022. …
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