Astro Digital raises a Series A round to develop its Earth imaging satellite system

Astro Digital, a remote sensing company developing both its own satellite constellation and an analytics platform for that imagery, has raised $16.7 million in a Series A round on March 2. Previously, the company raised a seed round in 2015 with GVA Capital and other investors. Astro Digital plans on using the funds to build out its initial constellation of small satellites that will provide medium-resolution imagery.

The company is finishing the integration of the first two satellites of its Landmapper system with a launch planned in late April or early May. That initial set of 10 satellites will be followed by 20 larger satellites capable of providing higher resolution imagery. In addition to its own satellites, Astro Digital has been developing an analytics platform that processes satellite imagery to provide industry-specific information for customers.

According to the founder’s interview to SpaceNews, the company is already planning a Series B round for 2018 to build out the high-resolution Landmapper constellation. “We’re heads down. We’re building. We’re not looking to get acquired,” she added, saying the Series A round would fund company operations for at least the next 12 months.

As more companies begin to incorporate satellite imagery into their business, the way that data is packaged and delivered will become increasingly important. One can only image the globe in so many different ways. Providing useful analysis on top of that data and creating user-friendly platforms to present that analysis is what we believe will be the main revenue driver. We firmly believe that Astro Digital is becoming a strong leader of this market.

GVA Capital is a Silicon Valley based investment company with over $100 million in assets under management. The firm is focused on science-intensive innovations across a variety of verticals, including Artificial Intelligence, FinTech, Robotics, Big Data, Cloud, Consumer Mobile, Advertising, and Autonomous Vehicles. GVA Capital’s portfolio includes over 20 companies, which the firm has helped with business development, strategic consulting, and international expansion.

14 responses to “Astro Digital raises a Series A round to develop its Earth imaging satellite system”

  1. Will says:

    It iis appropriate time too makle somje plans for tthe lonjg rrun annd
    it’s time too bbe happy. I habe learn this podt aand if I may
    juwt I wanbt too recommen youu feww attention-grabbing tthings or tips.
    Perhapps you ccan wrikte next artkcles referrinmg tto thius article.
    I desire tto rea even more thiings approximately it!
    Heklo wokuld yyou mind ltting mee knolw which hostiing compan you’re using?
    I’ve lloaded yokur blpg inn 3 cmpletely different webb browsers andd I must say thus blog loads a llot faste the most.
    Caan youu suggest a gold intedrnet hosting provider aat a reasonable price?Kudos, I aopreciate it!
    Ahaa, iits goodd convedrsation onn tthe topioc of
    thiis articlle here att thiss webb site, I have read all that, soo att this tiime mee aoso
    coommenting here. http://foxnews.net

  2. 4rx says:

    I treasure the info on your website. Thanks! http://bit.ly/2p7LTKb

  3. Par la l’existence pure et primitive de Dieu n’est pas alteree, mais elle rencontre une
    limite contraire a sa nature, elle est genee, niee, refoulee en elle-meme,
    et devient ainsi puissance, c’est-a-dire que, son empire etant conteste, elle eprouve l’irresistible
    besoin de le retablir. http://www.sophiechassat.com

  4. Nam says:

    Hi, just wanted to say, I liked this blog post.
    It was funny. Keep on posting! http://ylzx9.com/comment/html/index.php?page=1&id=79442

  5. 1 says:

    Truly creative blogger. I could not but benefit from the
    articles. I am gonna talk about it – it’s definitely wroth browsing. http://bit.ly/2lk5KYD

  6. 1 says:

    I didn’t listen to them, unfortunately, even though my parents were
    telling me about this for a long time. These
    folks were thanks and right in your submit I bought the appropriate information to know this! http://bit.ly/2pVjSWi

  7. Thanks for sharing your thoughts. I truly appreciate your efforts and I am waiting for your further post thank you once again.

  8. Hello, just wanted to say, I loved this post. It
    was inspiring. Keep on posting!

  9. Hello there! Do you know if they make any plugins to assist with SEO?

    I’m trying to get my blog to rank for some targeted keywords but I’m
    not seeing very good success. If you know of any please share.
    Cheers!

Leave a Reply

Your email address will not be published.