Loft Orbital Solutions Raises $3.2 Million

Credit: Loft Orbital Solutions

Loft Orbital Solutions Inc., has raised $3.2 million in seed funding for its plans for satellite rideshare service that will fly payloads from different users on the same spacecraft. The round was led by Uncork Capital, which was joined by MDI Ventures, V1 VC, Mercuria Investment Japan and The Remote Sensing Tech Center of Japan.

“Our turnkey service addresses all elements of a space mission,” the company states on its website. “You provide us with a payload. We deliver it to orbit and enable you to task it and access your data.”

The San Francisco-based company was co-founded by three veterans of Spire Global: Antoine de Chassy, Alexander Greenberg and Pierre-Damien Vaujour. The company recently hired , the first South Korean in space, Soyeon Yi, to serve as its business development and partnerships manager.