Capella Space secures strategic funding to accelerate innovation towards its next generation of SAR satellites
SAN FRANCISCO — (BUSINESS WIRE) — September 16, 2024 — Capella Space Corp., an American space tech company with data and satellite solutions for government and commercial applications, today announced its selection for an AFWERX Ventures Strategic Funding Increase (STRATFI) award by the U.S. Air Force. The funding aims to accelerate private sector innovation to enhance U.S. Air Force capabilities and mission requirements.
Capella Space will receive $15 million in funding to mature, scale and extend its world-leading synthetic aperture radar (SAR) technology. The STRATFI investment will accelerate Capella’s innovation roadmap, enabling the development and implementation of its next generation SAR sensor. This new sensor will deliver enhanced resolution, and key features requested by SAR users. New features include lower latency delivery via increased data downlink, and dual-polarization operation.
SAR polarimetry will unlock enhanced feature detection and classification across a wide range of applications, including defense, agriculture, environment, geology, oceanography and disaster response. The development will also reduce latency and further enable mission utility for the U.S. Air Force, the Department of Defense (DoD) and a wide range of commercial customers.
“As the first American commercial SAR imagery provider, we are excited to continue developing our leading technology to support the U.S. Air Force and its partners,” said Frank Backes, CEO of Capella Space. “This award will further accelerate Capella’s mission to deliver SAR data that is consistently high-quality, timely and reliable.”
This award builds on the strong partnerships Capella Space has developed with other US government agencies including the National Geospatial-Intelligence Agency (NGA), National Reconnaissance Office (NRO), U.S. Navy, U.S. Space Force and NASA.
About Capella Space
Capella Space is an American space tech company with data and satellite solutions for government and commercial use. A pioneer in the Earth observation industry, Capella is the first U.S. company with a constellation of Synthetic Aperture Radar (SAR) satellites, delivering the best quality, highest resolution SAR imagery commercially available. Capella provides easy access to frequent and timely information affecting dozens of industries worldwide, including defense and intelligence, supply chain, insurance, maritime and others. Its market-leading SAR satellites are matched with unparalleled data infrastructure to quickly deliver reliable global insights that sharpen our understanding of the changing world – improving decisions about commerce, conservation, and security on Earth. Headquartered in San Francisco, California with additional locations in Denver, Colorado and Washington, D.C.
Learn more at www.capellaspace.com.
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Contact:
Sarah Preston
Capella Space Corp.
+1-717-991-9739
Sarah.preston@capellaspace.com