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SpaceTech startup ConstellR, that can monitor land surface temperatures, raises €1M pre-seed round

SpaceTech startup ConstellR, that can monitor land surface temperatures, raises €1M pre-seed round

3 years ago
Anonymous $rH7oE7DjRg

https://techcrunch.com/2021/02/23/spacetech-startup-constellr-that-can-monitor-land-surface-temperatures-raises-e1m-pre-seed-round/

ConstellR, a SpaceTech startup with a technology that can monitors land surface temperatures from space, has raised a €1m pre-seed round led by FTTF, with the participation of strategic investor OHB Venture Capital, Baden-Württemberg’s state bank L-Bank and an undisclosed investor. The first system is due to go into orbit in December 2021. The company was a finalist for Hottest Ag/FoodTech Startup at the prestigious Europas Awards 2020.

The Freiburg, Germany-based startup monitors the land via a constellation of 30 CubeSats with thermal infrared payloads. The data generated is used by farmers to reduce water and fertilizer usage, and could help them reduce existing monitoring costs by 97%, says the company. ConstellR has a patent-pending miniaturization architecture with ‘free-form optics’ and claims to be able to make it much cheaper to monitor the infrared part of the spectrum than traditional satellite systems.