Spaceflight raises $150 million for BlackSky constellation
Posted: Sun, Mar 18, 2018, 11:47 AM ET (1547 GMT)
Spaceflight Industries announced Tuesday it has raised $150 million to fund development of its BlackSky constellation. Spaceflight said that Thales Alenia Space and Telespazio would take minority stakes in the company as part of a partnership announced last September. Mitsui and Co. Ltd. as well as existing investors are also contributing to the Series C round. Spaceflight and Thales Alenia will establish a joint venture called LeoStella LLC to manufacture satellites, starting with a set of 20 Earth-imaging satellites for the BlackSky constellation. That constellation, which will ultimately have 60 satellites, is designed to provide imagery at a resolution of one meter with multiple revisits per day.
Spaceflight Industries announced Tuesday it has raised $150 million to fund development of its BlackSky constellation. Spaceflight said that Thales Alenia Space and Telespazio would take minority stakes in the company as part of a partnership announced last September. Mitsui and Co. Ltd. as well as existing investors are also contributing to the Series C round. Spaceflight and Thales Alenia will establish a joint venture called LeoStella LLC to manufacture satellites, starting with a set of 20 Earth-imaging satellites for the BlackSky constellation. That constellation, which will ultimately have 60 satellites, is designed to provide imagery at a resolution of one meter with multiple revisits per day.
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
|
|
news links
|
|
Wednesday, July 22
MDA Space UK Selected by OHB to Provide Advanced Lunar Landing Sensors for European Space Agency’s Argonaut Mission
MDA — 4:27 am ET (0827 GMT) ESA seeks novel concepts for a fast asteroid reconnaissance mission
ESA — 4:27 am ET (0827 GMT) Poland joins mission to free Europe from Starlink dependence
TVP World — 4:26 am ET (0826 GMT) Western Range supports its 50th Launch of the year
US Space Force — 4:24 am ET (0824 GMT) SpaceX Set to Unlock $116 Billion in Shares After IPO Restrictions Lift
Bloomberg News — 4:22 am ET (0822 GMT) |
