According to filings with the U.S. Securities and Exchange Commission, Urban Sky Theory is raising $10,749,998.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Andrew Antonio 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 Urban Sky Theory
Urban Skys novel invention, the high-altitude Microballoon, leverages advances in component miniaturization and first-of-its-kind material re-usability to drastically reduce the cost of high-resolution remote sensing over broad, targeted areas, leading to more impactful data over more areas than ever before. The Microballoon is the first ever reusable stratospheric balloon. Its also the first ever precisely placeable remote sensing balloon. The Microballoon has a unique ability to image specific areas at desired times, never before possible with Stratospheric balloons. This capability is made possible by coupling advanced balloon design with a very small form factor, enabling launch from virtually anywhere at any time with minimal personnel and equipment required.

To learn more about Urban Sky Theory, visit http://urbansky.space/

Contact:
Andrew Antonio, Chief Executive Officer
302-383-7244
https://www.linkedin.com/in/andrewfantonio/

SOURCE: http://www.intelligence360.io
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