El Granada California based Earth Observant is raising $11,073,359.00 in New Equity Investment.
El Granada, CA – According to filings with the U.S. Securities and Exchange Commission, Earth Observant is raising $11,073,359.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Christopher Thein 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 Earth Observant
Based in Half Moon Bay, California, Earth Observant is an early stage startup developing a unique, low-flying constellation of satellites to collect ultra-high resolution earth imagery for both government and commercial use. Were passionate about designing and operating spacecraft in the Earths thermosphere, thereby enabling lower cost satellites to collect better data by being closer to the Earth. As our planets challenges grow bigger every day, Earth Observant is committed to pushing for change and disrupting the status quo. High resolution earth imagery datasets have myriad applications and are being used to address multiple global problems. We’ve assembled a world-class team of engineers, developers, and business leaders and built a strategic plan and roadmap to launch our first satellite into space in less than two years. The remote sensing community has responded very positively, and we are rapidly securing the capital needed to get off the ground.
To learn more about Earth Observant, visit http://www.earthobservant.com/
Contact:
Christopher Thein, President and Chief Executive Officer
650-200-3360
https://www.linkedin.com/in/cthein/
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