<p>➀ Urban Sky, a 'stratospheric platform company', has raised $30 million in Series B funding for its Microballoon technology; </p><p>➁ The funding will be used to develop and commercialise products for military and commercial customers; </p><p>➂ The company's technology includes high-resolution data monitoring and AI-driven forecasting systems.</p>
Related Articles
- MaiaSpace modular space launcher wins first commercial contract2 months ago
- Argotec unveils HAWK Plus modular microsatellite bus design2 months ago
- SIG Awards 2025 highlight satcoms innovation2 months ago
- UK Space Agency awards SatixFy £1.8m for LEO payload software3 months ago
- Magdrive raises $10.5m seed funding for novel propulsion systems3 months ago
- Nasa testing swarm technology for autonomous satellites4 months ago
- Vodafone makes space video call from UK ‘not spot’ with standard smartphone4 months ago
- AST SpaceMobile raises $460m funding for space-based cellular network4 months ago
- Loft Orbital raises $170m in Series C for scaling satellite launches4 months ago
- Maxar wins $14.4m contract from Dutch for geospatial intelligence5 months ago