Satellogic raises $27M for affordable, high-resolution imaging satellites

Space tech company Satellogic has raised $27 million in a Series B round led by Chinese internet giant Tencent, and with participation by CrunchFund (disclosure: co-founded by TechCrunch founder Michael Arrington). The company also launches its sixth micro-satellite into orbit on June 15, aboard a Long March-4B rocket that took off from Jiuquan Satellite Launch Center.

What Satellogic offers that’s unique is affordable, high-resolution imaging in a micro-satellite platform, with the ability to capture photo data of the Earth at 1 meter resolution. By comparison, Planet’s constellations of 142 satellites offers imagery at resolutions ranging from less than 1 meter to up to five meters.

Satellogic’s products also carry hyperspectral imaging, with 30 meter spatial resolution from…

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