growing global demand<\/a>.<\/p>Constellr’s first thermal infrared imaging sensor traveled to the International Space Station in 2022 on a Northrop Grumman resupply mission. <\/p>
Thermal Imagery Constellation<\/h4>
The first satellite in constellr\u2019s operational constellation are scheduled to launch in 2024.<\/p>
\u201cWe only need four satellites to deliver daily imagery to any field on the globe,\u201d Max Gulde, constellr CEO and co-founder, told SpaceNews <\/em>in a recent interview. \u201cThen, it’s really a question of market demand.\u201d<\/p>Rather than focusing on imagery resolution, constellr is intent on providing accurate data. <\/p>
For agricultural applications, \u201cit’s really about the repeatability and the sensitivity and the precision of the measurement,\u201d Gulde said.<\/p>
Government Grants<\/h4>
Constellr was one of three companies awarded 5 million euro contracts from the European Commission and the European Space Agency to supply thermal data to complement observations collected through the Copernicus Earth-observation program.<\/p>
Prior to the recent fundraising announcement, constellr had raised about $14 million in venture capital and received an additional $14 million in grants.<\/p>
\u201cWe believe constellr\u2019s approach to building the most precise layer of thermal imaging data will accelerate a paradigm shift in how the global agricultural sector adapts to the impacts of an evolving climate,\u201d Gulde said in a statement. \u201cHaving the stamp of approval from both Karista, who will drive our French market entry, and Einstein, with their deep space industry expertise, alongside our existing top-tier investor base, is a huge step in validating our solution.\u201d<\/p>
In April, constellr acquired ScanWorld, a Belgian hyperspectral satellite imagery and analytics startup.<\/p>
\u201cInvesting in constellr is a unique opportunity for us to be at the forefront of a [space technology] revolution that deeply transforms terrestrial industries, including agriculture and climate-related concerns,\u201d Michael Thomas, Karista investment director, said in a statement. \u201cThanks to this additional fundraising and its unique management team execution capabilities, constellr will reinforce its leading position in Europe and accelerate and expand its commercial footprint globally, especially addressing substantial market demand from the US.\u201d<\/p>
Correction: An earlier version of this article incorrectly described the size of constellr satellites. They are about 100-kilograms apiece. <\/p>","protected":false},"excerpt":{"rendered":"
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