Sign In
Search
Advanced / Transformational Technology

Albedo Raises $35 Million With Booz Allen Investment

Rachel Jewett By
SHARE:
Albedo Raises $35 Million With Booz Allen Investment
A simulated image of what Albedo’s Very Low Orbit satellite imagery will look like. Photo: Albedo

Albedo raised a $35 million Series A-1 financing round announced on Tuesday to launch the company’s first operational satellite to collect ultra-high resolution imagery. These funds bring Albedo’s total funding to $97 million.  Standard Investments led the round and new investors Booz Allen Ventures, Cubit Capital, and Bill Perkins joined the round as well. The investment from Booz Allen Ventures’ investment was the first space-specific investment made by the fund. The round also included participation from existing investors Breakthrough Energy…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Space

Blue Origin Reveals TeraWave LEO/MEO Constellation For Enterprise, Government Connectivity

Space

GAO Warns Of Tech Readiness, Cost, And Schedule Risks For SDA Constellation

Business/Financial

York Space Systems Goes Public In $629M IPO To Fund ‘Proliferation At Scale’

Space

AFRL Selects Aalyria For Space Data Network Experimentation Program

Trending

USAF Considering “Modular” Missile Silos For Sentinel
Northrop Grumman Expects Agreement Soon To Accelerate B-21 Production; Pausing Buybacks
Army Awards Potential $5.6 Billion AI, Data Analytics Deal To Salesforce
Space Systems Command Looking Into Mission Operations Center For Space Data Network
Stop Work Order Issued To AeroVironment For SCAR Antennas

Contract Updates

R&M Government Services (Las Cruces, New Mexico) – $23,894,784

R&M Government Services,* Las Cruces, New Mexico, has been awarded a maximum $23,894,784 firm-fixed-price, indefinite-quantity contract for battery compartments. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in the Federal Acquisition Regulation 6.302-1. This…

L3Harris Technologies Inc. (Clifton, New Jersey) – $9,571,947

L3Harris Technologies Inc., Clifton, New Jersey, is being awarded $9,571,947 for a firm-fixed-price contract for the procurement of 74 radio frequency amplifiers in support of Navy F/A-18E/F/G aircraft. The contract does not include an option provision. All work will be…

Sikorsky Aircraft Corp. a Lockheed Martin Co. (Stratford, Connecticut) – $21,600,000

Sikorsky Aircraft Corp., a Lockheed Martin Co., Stratford, Connecticut, is awarded a not-to-exceed $21,600,000 cost reimbursable undefinitized order (N0001926F1016) against a previously issued basic ordering agreement (N0001923G0002). This order provides for instantaneous access to 105% Transient Engine Torque test and…

Amentum Mitie Pacific LLC (Chantilly, Virginia) – $85,236,794

Amentum Mitie Pacific LLC, Chantilly, Virginia, is awarded an $85,236,794 fixed-price-award-fee, indefinite-delivery/indefinite-quantity contract for base operating support services at Navy Support Facility, Diego Garcia. Work will be performed at Diego Garcia, British Indian Ocean Territory, and is expected to be…

The Force Multipliers

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Job Feed

Post a Job // Post a Resume