LeoLabs, a company specializing in space safety, security and sustainability, has raised $29 million in funding to enhance its tech that provides AI-powered insights for space operations. The company is expanding its global operations and capabilities to meet the growing demand in the space sector.
The company’s analytics help satellite operators leverage automation to launch and track missions in low Earth orbit. For government operators, LeoLabs aims to integrate real-time insights on anomalous space activities into defense command operations. For commercial operators, the company delivers orbital data and safety alerts to inform mission planning and operations.
LeoLabs will invest its oversubscribed funding round in developing advanced end-user applications and partner integrations. Its goal is to scale up insight delivery to commercial and government operators. GP Bullhound led the capital raise.
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