SAN FRANCISCO (Planet Labs PR) — We are excited to announce that Planet has entered into an agreement to acquire VanderSat, a leading provider of advanced earth data and analytics. Vandersat’s innovative products help customers better measure and understand water management and crop health in major markets. Planet intends to leverage VanderSat’s technologies and products in further pursuit of bringing to market next-generation solutions that combine the best of commercial and public satellite data to provide clear and actionable information to help industries, non-profits, and governments around the world.
VanderSat has world-class expertise in providing insights to customers by drawing from NASA, ESA and JAXA satellite data, and has built a suite of novel products that report on key conditions on the Earth’s surface, like soil moisture, land surface temperature, vegetation optical depth, and biomass. VanderSat’s unique algorithms deliver daily, global data products with great accuracy, unhindered by changing cloud-cover and atmospheric conditions. (more…)
Bengaluru-based Pixxel has raised $5 million in seed funding to launch a constellation of Earth-imaging satellites designed to provide global coverage every 24 hours, the company announced.
The funding will bolster Pixxel’s plan to launch its first satellite later this year aboard a Russian Soyuz rocket and to construct a second satellite.(more…)
SAN FRANCISCO , October 16, 2015 (Moreland Partners PR) — Mooreland Partners the leading independent investment bank providing M&A and capital raising services to the global technology industry, today announced that it acted as the exclusive financial advisor to Planet Labs on its cross-border acquisition of Canadian-based BlackBridge Geomatics Corp., BlackBridge S.à.r.l. and BlackBridge, LLC, including the German RapidEye satellite constellation and the RapidEye imagery archive. The acquisition closed in September 2015. Terms were not disclosed. The acquisition helps Planet Labs expand quickly into new market segments and gain access to a robust imagery archive.
Planet Labs has entered into an agreement to acquire the BlackBridge geospatial companies, including their RapidEye suite of core offerings.