Albedo is developing very low earth orbit satellites capable of mapping and monitoring the Earth with unprecedented precision. The startup is currently pursuing a Series B funding round aimed at raising approximately $100 million, valuing it at $285 million pre-money. Recently, Albedo has gained momentum by signing a contract with the US Air Force valued at $12 million and successfully launching their first satellite, Clarity-1, which promises to deliver ultra-high-resolution imagery for various sectors including agriculture and defense. Established in 2020 in Colorado, Albedo is backed by notable investors including Bill Gates' Breakthrough Energy Ventures.
Albedo's very low earth orbit (VLEO) satellites collect visible and thermal imagery at the highest resolution commercially available, transforming various sectors like agriculture and defense.
The launch of Clarity-1 marks a pivotal moment in the space industry, enabling ultra-high-resolution data collection at a significantly reduced cost and timeline.
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