The company’s business is based on combining a special type of imagery – known as synthetic aperture radar, or SAR – with a small, inexpensive spacecraft.
San Francisco-based satellite imagery specialist Capella Space on Monday announced the close of nearly $100 million in financing.
The company's business is based on combining a special type of imagery – known as synthetic aperture radar, or SAR – with a small, inexpensive spacecraft.San Francisco-based satellite imagery specialist Capella Space on Monday announced the close of nearly $100 million in financing, as the company looks to expand its line of analytics and data products.
Capella raised $97 million through a mix of equity and debt in a round led by NightDragon and joined by previous investors DCVC and Cota Capital. The company declined to specify its post-money valuation following the raise.The company is building a network of satellites that can capture images of places on Earth multiple times a day. The SAR technology allows Capella's satellites to capture images at any time, even at night or through cloud cover.
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