Content
Urban Sky
completed $30 million Series B Round funding. Investors include
Altos Ventures (lead), Catapult Ventures, DA Ventures, Lavrock Ventures, Lerer Hippeau, New Legacy Ventures, New Stack Ventures, Techstars, TenOneTen Ventures, Union Labs.
About
Urban Sky's novel invention, the high-altitude Microballoon™, leverages advances in component miniaturization and first-of-its-kind material re-usability to drastically reduce the cost of high-resolution remote sensing over broad, targeted areas, leading to more impactful data over more areas than ever before.
The Microballoon™ is the first ever reusable stratospheric balloon. It's also the first ever precisely placeable remote sensing balloon. The Microballoon™ has a unique ability to image specific areas at desired times, never before possible with stratospheric balloons. This capability is made possible by coupling advanced balloon design with a very small form factor, enabling launch from virtually anywhere at any time with minimal personnel and equipment required. The Microballoon is also zero-emission, making it the most sustainable way to image Planet Earth.
Remote sensing from the stratosphere combines many of the benefits of both space-based assets and lower altitude airborne vehicles. That means remote sensing data can be collected from the Stratosphere over vast areas, with aerial quality-resolution, at the lowest possible cost. This unique combination of advantages will finally unlock the full commercial usefulness of the Stratosphere.
Startup
Sector:
Space & Aviation
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