LeoLabs Closes $4m Funding Round

leolabsLeoLabs, Inc., a Menlo Park, CA-based commercial provider of data to track space debris and prevent collisions in low Earth orbit (LEO), closed a $4m funding round.

Backers included SRI International, Horizons Ventures, and Airbus Ventures.

The company intends to use the funds to accelerate its service, expand its ground-based radar infrastructure, and support engagements with commercial and governmental customers.

Led by Dan Ceperley, CEO, and Mike Nicolls, CTO, LeoLabs provides a cloud-based debris and satellite tracking service leveraging radar technology originally developed as part of research within SRI International to investigate the Earth’s ionosphere. Services include rapid orbit determination, early operational support, and ongoing conjunction awareness.
The offerings are targeted for commercial satellite operators, government regulatory and space agencies, and satellite management services firms.

FinSMEs

27/02/2017

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