Capella Space Closes $97M Series C Financing Round to Meet Exponential Customer Demand for Its Radar-Powered, High-Quality Satellite Imagery and Intelligence

Capella will use the funding, led by NightDragon, to expand its AI-enabled geospatial analytics and imaging offerings for its satellite sensors that penetrate all weather conditions – clouds, fog, smoke, rain – and capture clear imagery 24-7, day and night, across the globe

SAN FRANCISCO (Capella Space PR) — Capella Space, the leading earth observation company, today announced a $97M Series C financing round led by NightDragon, with significant participation from existing investors DCVC and Cota Capital. Capella plans to use the funding to expand its offerings and continue its mission to provide 24-7 access to frequent, timely and high-quality satellite analytics and imagery products to customers with demanding geospatial intelligence needs worldwide.

Capella’s SAR (synthetic aperture radar) sensors are deployed across its seven satellites in orbit today, with more satellites ready to launch across 2022 and 2023. This constellation can penetrate all weather conditions – clouds, fog, smoke, rain – and capture clear imagery 24-7, day and night, providing unparalleled insight into what is happening anywhere on the globe at any given moment. Recent global events in Ukraine and Russia have shown that access to accurate and timely earth observation data has never been more critical.

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UK Government Backs Space Technology to Tackle Climate Change

SWINDON, UK (UK Space Agency PR) — Trailblazing technology that will help tackle climate change and predict global disasters using satellites is receiving new funding from the UK Space Agency.

Eleven UK organisations have been awarded a share of just under £7 million of government funding to put into action the latest advances in space innovation. The majority of the projects focus on climate change or environmental management, with others designed to secure our telecommunication systems and protect digital infrastructure against cyber-attacks.

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Government Funds UK Companies at the Forefront of Space Innovation

21 UK organisations have been awarded a share of over £7 million of funding to put the UK at the forefront of the latest advances in space innovation

SWINDON, UK (UK Space Agency PR) — The cash injection is going to high-risk, high-reward projects that support companies and universities with radical ideas for how we tackle climate change through Earth Observation or address satellite communications challenges, from providing greater connectivity to remote places to increasing the efficiency of our homes.

Projects set for the cash boost include The Open University who will use the money to create the UK’s first Precision Forestry tool, TreeView, which will support efforts to tackle the climate emergency through detailed measurement of tree-planting initiatives aimed at increasing carbon dioxide removal.

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