ITHACA, NY, MARCH 21, 2022 – Ursa Space, the global satellite intelligence infrastructure company, announced the first close of its Series C Round with $16 million in funding led by Dorilton Ventures. Existing investors who participated in the round included Razor’s Edge VenturesRRE VenturesPaladin Capital Group, and others.

Ursa Space will use the new investment to respond to a significant increase in customer demand for automated, scalable, analysis-ready satellite data. It will also expand its field sales organization to support newly emerging markets for earth observation data such as supply chain optimization, logistics, and insurance.

Across market verticals, even the most sophisticated organizations struggle to buy and use earth observation data. Ursa Space solves this problem by coordinating purchases from hundreds of satellites, giving customers access to multiple image resolutions, frequencies, and price points to suit their needs. Earth observation requires highly specialized software and skill to task, collect, process, and deliver insights. Ursa Space removes the challenges facing software developers, giving customers the reliability of a large satellite constellation, without the complexity of managing multiple satellites and imaging modes.

Through its radar satellite network and data fusion expertise, Ursa Space offers tools that surmount these challenges to help customers identify real-time changes in the physical world. Subscription and custom services enable customers to access satellite imagery and analytic results with no geographic, political, or weather-related limitations.

Ursa Space manages the world’s largest Virtual Constellation of satellite imagery from the most trusted SAR, optical, and RF data vendors around the globe, containing over 10 million SAR images alone. Satellite-based SAR offers significant advantages over other forms of imagery due to its ability to collect information in all weather conditions, day or night.

This year, Ursa Space published a detailed Product Catalog outlining a full-range of capabilities, and developed a dedicated Partner Program with flexible business model options for analytics as a service, including provision of data analytic services on the Amazon Web Services (AWS) Data Exchange. With over 16 million images cataloged and growing each day, this database enables Ursa’s expert solutions team to work with developers in multiple market verticals to solve real-world problems.