Albedo Raises $35M in Series A-1 Funding
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Source: finsmes.com
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Booz Allen Ventures Invests in Albedo's groundbreaking VLEO satellite technology
Los Angeles CA (SPX) Jan 24, 2024 - Booz Allen Hamilton (NYSE: BAH) has announced a strategic investment through its venture capital arm, Booz Allen Ventures, LLC, in Albedo. This investment marks a significant step in the deployment
Source: spacedaily.com
Albedo Raises $35M With Booz Allen Investment
Albedo raised a $35 million Series A-1 financing round announced on Tuesday, to launch the company’s first operational satellite to collect ultra-high
Source: satellitetoday.com
Albedo closes $35M at boosted valuation to build satellites that orbit very, very close to Earth
Satellite startup Albedo aims to provide commercial orbital imagery so detailed that the military kept its own version under wraps — until it was leaked a few years ago by Donald Trump. In 2019, then-President Trump tweeted a detailed image of a heavily damaged Iranian launch pad captured by a classified military satellite. The image, which was declassified in 2022, revealed what many in the commercial Earth observation industry suspected: that U.S. defense had the ability to capture images at a staggeringly sharp 10-centimeter resolution.
Source: yahoo.com
Booz Allen Invests in Albedo to Develop Very Low Earth Orbit (VLEO) Satellite Constellation
Investment powers new frontier of satellite imagery-as-a-service for national security, commercial, and climate imperatives ...
Source: marketscreener.com