During the past weeks I was checking some data about satellites and found some interesting articles related to innovative companies in the space industry:
- Redmond antenna company raises $50M in venture capital: Kymeta, a fast-growing, Redmond-based developer of satellite antennas, said Wednesday it has raised $50 million in new financing. New investors Osage University Partners and The Kresge Foundation have joined earlier backers Bill Gates, Lux Capital and Liberty Global in putting money into the technology firm. Altogether the company has raised $62 million from investors, plus the intellectual-property contributions from Intellectual Ventures
- Planet Labs Raises $13M From DFJ, OATV, Founders Fund To Build The World’s Largest Fleet Of Earth-Imaging Satellites: Planet Labs, a space and analytics company formerly known as Cosmogia, is announcing $13 million in funding from DFJ, Capricorn, OATV, Founders Fund Angel, Innovation Endeavors, Data Collective and First Round Capital
- Satellite Imagery Company Skybox Teams Up With MapBox For Analysis And Annotation Of Data: Skybox, a company that has raised $91 million to launch its own satellites into outer space to capture detailed imagery of our streets and buildings, is working with MapBox, an OpenStreetMap contributor, on some pretty sweet analysis and publishing tools
- D-Orbit (from Mind The book 2012): D-Orbit develops a smart propulsive device that can be installed on satellites before launch and is able to bring them back into the atmosphere in a quick and controlled manner leading to safe destruction; alternatively, the device can re-orbit the satellites into a graveyard orbit when they stop working, in order to avoid collisions with other operating spacecraft or falling uncontrolled into assets and people on Earth. D-Orbit gives an effective and convenient solution for Space Pollution
In the space there are approximately 1000 satellites, most of them are used for communications, will be interesting to observe how entrepreneurs will find new profitable business models and how they will innovate in this challenging market.
Do you know some interesting startup operating in the satellite sector?