Freedom Lite SS-11 Skywatch

Urban Sky Announces $9.75M Series A Funding Round

Retrieved on: 
Monday, October 16, 2023
Software, Professional Services, Hardware, Data Management, Other Construction & Property, Technology, Construction & Property, Satellite, Finance, Aerospace, Other Technology, Manufacturing, IP, RGB, Acquisition, CO2, Engineering, LWIR, Insurance, Rocky Mountains, Space suit, Entrepreneurship, Appetite, SVP, Alan Eustace, Environmental monitoring, Television, Communications satellite, Earth observation, Freedom Lite SS-11 Skywatch

The company will use the funding to scale its commercial imaging operation, develop advanced stratospheric technology, and broaden its sensor portfolio.

Key Points: 
  • The company will use the funding to scale its commercial imaging operation, develop advanced stratospheric technology, and broaden its sensor portfolio.
  • Urban Sky’s technology enables broad-area, high-resolution remote sensing at data acquisition costs significantly less than all other aerial platforms.
  • Urban Sky pairs its Microballoons with custom, ultra-lightweight imaging payloads designed and built in-house.
  • By partnering with Urban Sky, we aim to unlock the untapped potential of the stratosphere, leveraging a new frontier to quench the market’s insatiable demand for very-high-resolution imagery.”

Satellogic Reports First Half 2023 Financial Results and Provides Business Update

Retrieved on: 
Thursday, September 21, 2023
Other Transport, Technology, Satellite, Transport, Photography, Aerospace, Software, Manufacturing, Hardware, Data Management, Constellation, Workforce, Insurance, Liquidity, OHB, Research and development, Improper integral, Partnership, Senior, Agriculture, Vandenberg Space Force Base, GAAP, Public expenditure, OHB SE, Forestry, EBITDA, Climate change, SSL (company), NewSat, Cape Canaveral Space Force Station, Data, SpaceX launch vehicles, Freedom Lite SS-11 Skywatch, Growth, SpaceX, Form 6-K, Depreciation, Kingdom, Memorandum, Adjustment, EO, GEOINT, Arms industry, Communications satellite, Cryptocurrency, Bookkeeping, Bank, Operation, Satellogic

“As a result of slower than anticipated revenue growth, we undertook cost and spending control measures in 2023.

Key Points: 
  • “As a result of slower than anticipated revenue growth, we undertook cost and spending control measures in 2023.
  • We monitor a number of financial performance and liquidity measures on a regular basis in order to track the progress of our business.
  • We have included reconciliations of non-GAAP EBITDA and non-GAAP Adjusted EBITDA for the six months ended June 30, 2023 and 2022.
  • The Company did not incur amortization expense during the six months ended June 30, 2023 or 2022.

Sidus Space to Launch LizzieSat™ Satellite with Edge AI, Hyperspectral and Multispectral Imaging on SpaceX Transporter Mission

Retrieved on: 
Wednesday, June 7, 2023
Technology, Photography, Mobile, Wireless, Engineering, Audio, Video, Aerospace, Manufacturing, Artificial Intelligence, Telecommunications, Software, Internet, Hardware, Data Management, Satellite, Communication, Agriculture, Orbit, Freedom Lite SS-11 Skywatch, GSD, Sidus, Climate change, Mining, SWIR, SpaceX, Communications satellite

Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), a multi-faceted Space and Defense-as-a-Service satellite company, announced today that it will launch industry leading hyperspectral and multispectral imaging and Edge Artificial Intelligence (AI) in its LizzieSat™ satellite on SpaceX Transporter missions beginning in 2024.

Key Points: 
  • Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), a multi-faceted Space and Defense-as-a-Service satellite company, announced today that it will launch industry leading hyperspectral and multispectral imaging and Edge Artificial Intelligence (AI) in its LizzieSat™ satellite on SpaceX Transporter missions beginning in 2024.
  • LizzieSat’s hyperspectral and multispectral imaging capability will be provided by the Owl 1280 and Hawk 1920 HD cameras made by Raptor Photonics .
  • Sidus is building its space-based infrastructure of multi-mission satellites with hyperspectral, multispectral and other sensors to provide monitoring services and solutions to multiple sectors and industries.
  • The Company plans to begin offering hyperspectral and multispectral imaging from its LizzieSats scheduled for launch on SpaceX’s transporter mission in the first quarter of next year.

Sidus Space, Inc. Reports Q1 2023 Financial Results

Retrieved on: 
Monday, May 15, 2023
Telecommunications, Satellite, Data Management, Engineering, Technology, Aerospace, Manufacturing, Mobile, Wireless, Exercise, Common stock, ASTRA, IR, Employment, United Netherlands (organization), MEO, Defense, Calendar, Institute for Space and Defense Electronics, TNO, Data collection, L3Harris Technologies, AIS, Government, KSAT, Sidus, GN&C, GEO, MOU, LEO, MCC, Artificial intelligence, GN, Freedom Lite SS-11 Skywatch, SpaceX, Robotics, Communications satellite, Video game, Mars, Moon

(NASDAQ:SIDU), a Space and Defense-as-a-Service satellite company focused on commercial satellite design, manufacture, launch, and data collection, today announced financial results for the first quarter ending March 31, 2023 and provided a business update.

Key Points: 
  • (NASDAQ:SIDU), a Space and Defense-as-a-Service satellite company focused on commercial satellite design, manufacture, launch, and data collection, today announced financial results for the first quarter ending March 31, 2023 and provided a business update.
  • Sidus will webcast a conference call to discuss the results on May 15, 2023 at 9:00 am Eastern Time.
  • “We are excited about the future of our company,” said Teresa Burchfield, Chief Financial Officer of Sidus Space.
  • Financial Highlights for the quarter Ending March 31, 2023
    Revenue increased to $2,263,627 for the quarter ended March 31, 2023, compared to $1,799,335 for the same period in 2022.

Aviation Insurance Made Easy: SkyWatch Launches a Fully Digital, User-Friendly Aircraft Owner's Insurance

Retrieved on: 
Tuesday, March 21, 2023
Aircraft, Policy, Insurance, Aviation, Freedom Lite SS-11 Skywatch, Aircraft Owners and Pilots Association, Entrepreneurship, Risk management, Partnership, PALO, Airline

PALO ALTO, Calif., March 21, 2023 /PRNewswire/ -- SkyWatch is thrilled to announce the launch of its fully digital Aircraft Owner's Insurance platform. This game-changing offering empowers light aircraft owners to easily customize their insurance and obtain coverage in a matter of minutes. The new platform will allow a hassle-free experience for aircraft owners. The product is underwritten by Global Aerospace, a leading provider of insurance and risk management solutions for the aviation industry. This service will be available to pilots and selected partners, providing an end-to-end digitized quote and bind experience.

Key Points: 
  • This game-changing offering empowers light aircraft owners to easily customize their insurance and obtain coverage in a matter of minutes.
  • The product is underwritten by Global Aerospace , a leading provider of insurance and risk management solutions for the aviation industry.
  • We've already established ourselves a market leader in the drone insurance space, and our flexible aircraft renter's insurance has been a huge success.
  • Now, we are proud to enable pilots benefit from a new era of simplified, quick, and easy-to-use aircraft owners' insurance", said Tomer Kashi, Co-Founder, and CEO of SkyWatch.

Sidus Space, Inc. Reports 2022 Financial Results - Annual Revenue up 418% and Annual Gross Profit up 492% as Compared To 2021

Retrieved on: 
Thursday, March 16, 2023
Software, Professional Services, Hardware, Data Management, Technology, Artificial Intelligence, Satellite, Data Analytics, Engineering, Aerospace, Manufacturing, Telecommunications, Constellation, Orbit, Sidus, Certification, Webcast, Artificial intelligence, International, TNO, United Netherlands (organization), Observation, AS9100, National Oceanographic Data Center, Freedom Lite SS-11 Skywatch, NASA, SpaceX, Mission control center, LEO, Bechtel, National Oceanic and Atmospheric Administration, Data collection, Intelligence, Dawn Aerospace, Critical, NOAA, Cryptocurrency, Video game, Communications satellite

(NASDAQ:SIDU), a Space-as-a-Service satellite company focused on commercial satellite design, manufacture, launch, and data collection, announced yesterday financial results for the year ended December 31, 2022 and provided company business updates.

Key Points: 
  • (NASDAQ:SIDU), a Space-as-a-Service satellite company focused on commercial satellite design, manufacture, launch, and data collection, announced yesterday financial results for the year ended December 31, 2022 and provided company business updates.
  • Sidus will webcast a conference call to discuss the results today at 9:00 am Eastern Time.
  • On a year-to-date basis, the Company has generated gross profit of 20% as compared to (26%) for the previous 2021 period.
  • Subsequent to the end of the quarter, the Company closed on an underwritten public offering, generating gross proceeds of $5.2 million.

Better Space Data To Reduce Canada's Agricultural Environmental Impact

Retrieved on: 
Monday, February 7, 2022
Sustainable Development Technology Canada, Industry, Edmonton, Increment, Agriculture, Consultant, Food, Solution, Agricultural technology, Research, Innovation, Freedom Lite SS-11 Skywatch, VNIR, Technology, Government, Regeneration, Y Combinator, AG, Millionaire (Cash Cash and Digital Farm Animals song), USD, BASF, Human, CEO, Adoption, Municipal government in Canada, Farmer, Pesticide, Climate change, Intelligence, CAD, Water, Aviation in the Digital Age, Olds College, SWIR, Renewable energy, Wyvern

"Their imaging products are going to help farmers use less fertilizer, pesticides, and water and help produce bigger yields.

Key Points: 
  • "Their imaging products are going to help farmers use less fertilizer, pesticides, and water and help produce bigger yields.
  • "Our 2,800 acre Smart Farm and HyperLayer Data Concept is a perfect fit for the testing and analysis of new technologies.
  • Edmonton-based space data company Wyvern was created to provide actionable intelligence that will enable a sustainable future for humanity.
  • As Canada's smart agriculture college, Olds College is working to achieve its social purpose of transforming agriculture for a better world.

SatRevolution Secures Series B Funding from Virgin Orbit

Retrieved on: 
Tuesday, December 14, 2021
Professional Services, Technology, Satellite, Transport, Finance, Other Transport, NGCA, Tripura Merger Agreement, Goldman, Acquisition, NASDAQ, Risk, Dream, CubeSat, Orbit, Glades Road, Communication, Prospectus, Forward-looking statement, Form, Intelligence, Freedom Lite SS-11 Skywatch, Form S-1, Transport, Nextgen, The Carlyle Group, Partnership, LauncherOne, Nasdaq, Xi, COVID-19, Carlos Vieco Ortiz, SEC, CEO, Transaction, Research, Stork, University, Multimedia, Vii, Contract, Failure, EO, Company, Sale, World, Suite, Adoption, Partner, SEC filing, Proxy, Mergers and acquisitions, PIPE, Technology, Cryptocurrency, Communications satellite, Security (finance), Polish, Mars, Virgin Orbit, Earth observation, SatRevolution, Virgin Orbit, NextGen Acquisition Corp. II, SATREVOLUTION, VIRGIN ORBIT, NEXTGEN ACQUISITION CORP. II

SatRev has to date launched two satellites with Virgin Orbit as part of the LauncherOne Tubular Bells: Part One mission.

Key Points: 
  • SatRev has to date launched two satellites with Virgin Orbit as part of the LauncherOne Tubular Bells: Part One mission.
  • Two more SatRev satellites are awaiting launch as part of Virgin Orbits Above the Clouds mission launching next month.
  • SatRev and Virgin Orbit plan to jointly offer up to 500kg of hosted payload services on LauncherOne rockets, turnkey solutions for rapid deployment of space services, and much more.
  • With our continued collaboration, Virgin Orbit and SatRev will drive capabilities into new markets, enabling applications for Earth observation and more applications that yesterday were only dreams.

SkyWatch Named One of Canada's Companies-to-Watch in Deloitte's Technology Fast 50™ Program

Retrieved on: 
Wednesday, November 17, 2021
GPS, Deloitte, Organization, CEO, Technology, Data management, Growth, RBC, Deloitte Technology Fast 500, Kitchener, Program, Entrepreneurship, Clean technology, Freedom Lite SS-11 Skywatch, GLOBE, Central American Technological University, EDC, Uncertainty, Intellectual property

Companies-to-Watch winners are new companies headquartered inCanada, demonstrating superior technology, effective management experience and common traits of Deloitte Technology Fast 50 award winners.

Key Points: 
  • Companies-to-Watch winners are new companies headquartered inCanada, demonstrating superior technology, effective management experience and common traits of Deloitte Technology Fast 50 award winners.
  • The Deloitte Technology Fast 50 program is Canada's pre-eminent technology awards program.
  • Celebrating business growth, innovation and entrepreneurship, the program features distinct categories, including the Technology Fast 50 ranking, Enterprise Fast 15, Clean Technology, and Companies-to-Watch.
  • The program also recognizes companies within the North American Technology Fast 500 ranking, identifying technology companies in the United States and Canada.

SkyWatch and Global Aerospace Launch On-Demand Aviation Renters Insurance

Retrieved on: 
Tuesday, November 2, 2021
Entrepreneurship, Aircraft pilot, Risk management, Name, Aircraft, PALO, Insurance, Freedom Lite SS-11 Skywatch, VOOM, Freedom, CEO, SM4, Solution, Aviation, Student, Airline, Health insurance

The launch is in collaboration with Global Aerospace , Inc., a leading provider of aviation insurance and risk management solutions for the aviation and aerospace industries.

Key Points: 
  • The launch is in collaboration with Global Aerospace , Inc., a leading provider of aviation insurance and risk management solutions for the aviation and aerospace industries.
  • "Together with Global Aerospace, we'reproviding pilots with flexibility and freedom through this usage-based insurance product," said Tomer Kashi, CEO and Co-Founder of SkyWatch.
  • SkyWatch has established itself as an InsurTech leader with its innovative insurance solutions for the world of aviation.
  • Global Aerospace is a leading provider of aerospace insurance with a worldwide portfolio of clients who are engaged in every aspect of the aviation and space industries.