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Albedo closes $35M at boosted valuation to build satellites that orbit very, very close to Earth

Satellite startup Albedo aims to provide commercial orbital imagery so detailed that the military kept its own version under wraps — until it was leaked a few years ago by Donald Trump. In 2019, then-President Trump tweeted a detailed image of a heavily damaged Iranian launch pad captured by a classified military satellite. The image, which was declassified in 2022, revealed what many in the commercial Earth observation industry suspected: that U.S. defense had the ability to capture images at a staggeringly sharp 10-centimeter resolution.

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