Albedo Secures $35 Million in Funding for Groundbreaking Satellite Orbiting Technology
In 2019, then-President Trump tweeted a detailed image of a heavily damaged Iranian launch pad captured by a classified military satellite.
The image, which was declassified in 2022, revealed what many in the commercial Earth observation industry suspected: that U.S. defense had the ability to capture images at a staggeringly sharp 10-centimeter resolution.
In comparison, the biggest optical imagery providers today collect images at a 30-centimeter resolution, which is algorithmically improved to 15 centimeters.)
Now, the company says it has closed $35 million in Series A-1 financing, at an up round valuation.
Right now, Albedo is working toward launch of its first commercial satellite in the first half of 2025.
