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Business/Financial

Satellite Radar Company Capella Space Raises $60 Million To Expand

By Cal Biesecker

Tuesday, January 10th, 2023

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Satellite Radar Company Capella Space Raises $60 Million To Expand

Capella Space satellite radar image.

Capella Space on Tuesday said it has raised more than $60 million in new funding it will put toward new expanding its next-generation of radar satellites and new data products as customer demand for satellite Earth imaging continues to grow. The funding round comes from the U.S Innovative Technology Fund and follows a $97 million Series C financing round for Capella in April 2022. Capella currently provides its commercial satellite-based synthetic aperture radar (SAR) imagery to a number of government…

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