Privateer's Orbital Insight Acquisition: A New Frontier in Space Data
May 7, 2024, 3:32 pm
Sequoia Capital
Location: United States, California, Menlo Park
Employees: 51-200
Founded date: 1972
Orbital Insight
Location: United States, California, Palo Alto
Employees: 51-200
Founded date: 2013
Total raised: $185.5M
Privateer, Steve Wozniak's space startup, has acquired Orbital Insight, raising $56.5 million to enhance its space data offerings. The merger will revolutionize mapping and intelligence services in the space industry, creating a new platform for real-time mapping and intelligence services. The acquisition of Orbital Insight will propel Privateer into the forefront of the space situational awareness market, offering crucial services for satellite navigation in an increasingly crowded orbit. With the integration of Orbital's TerraScope Earth observation platform, Privateer is set to transform the way satellite operators navigate in space, providing a game-changing solution for managing space traffic. This strategic move marks a significant milestone for Privateer and sets the stage for a new era in space data technology.