Hydrosat has filed a notice of an exempt offering of securities to raise $20,000,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Hydrosat is raising $20,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Pieter Fossel played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Hydrosat
Hydrosat provides daily, high-resolution thermal and multispectral infrared imagery of the entire Earth. Thermal allows you to visualize heat and reveal unseen truths that visual imagery cant detect. Leveraging our first-in-history thermal capabilities, we also provide analytics solutions to solve climate and agriculture issues. Hydrosat helps accurately forecast crop yield by leveraging thermal data. Our yield maps and reports allow agribusiness, financial customers, and farmers to understand local crop conditions and supply. We will use our thermal imagery to create analytics solutions that help farmers reduce their water, energy, and labor, while significantly boosting crop production.
To learn more about Hydrosat, visit http://www.hydrosat.com/
Contact:
Pieter Fossel, Chief Executive Officer
202-744-6131
https://www.linkedin.com/in/pieter-fossel-6277ab35/
SOURCE: http://www.intelligence360.io
Copyright (c) 2023 SI360 Inc. All rights reserved.