Hydrosat: Raises $5M in Seed Funding

Hydrosat Raises $5M in Seed Funding

  • Hydrosat, a Washington, DC-baed company creating an infrared satellite constellation, raised $5m in seed funding
  • The round, which brought the total raised to date to over $10m, was led by Cultivation Capital
  • The company is a data analytics company that uses thermal infrared imagery to provide insights for commercial and government customers
  • The company is flying a multi-spectral and thermal infrared mission with Loft Orbital on a SpaceX Falcon 9 in 2022
  • The platform has contracts with the European Space Agency, US Air Force, and Department of Defense
  • With the new investment, the company is adding three space industry veterans to the company’s board, including Lori Garver, Andy Dearing, and Ryan Johnson
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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