Content
10/16/2023
Denver, CO USA
Urban Sky
completed $9.75 million Series A Round funding. Investors include
New Legacy Ventures (lead), Lerer Hippeau (lead), Lavrock Ventures (lead), Catapult Ventures, DA Ventures, 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
Download StockFan App
Ad
Stock market data, news and community, all integrated.
Features include real time stock quotes, interactive charts, technical signals, institutional & insider ownerships, stock screener, ETF rankings, SEC filings, press releases, videos, earnings calendar, social media posts, group chats.
