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Umbra Raises $32M to Expand Satellite Constellation Share Article Space based intelligence company raises $32M to step on the gas expand team and increase satellite production Umbra has a desire to reduce the cost of radar data while offering unrivaled product quality. SANTA BARBARA, Calif. (PRWEB) April 28, 2021 Umbra, a 5.5-year-old Santa Barbara-based intelligence and technology company, announced that it has raised $32 million in equity financing. The financing was led by Nimble Ventures with participation from Umbra’s existing investors - CrossCut Ventures, Starbridge Ventures, Hemisphere Ventures, PonValley, and others. Umbra invented the world’s only microsatellite that can see through clouds, at night, in high resolution ( ....
PonValley, and others. The startup, previously known as Umbra Lab, was created in 2015 and emerged from stealth mode in October 2019. Umbra has developed space-radar systems to deliver high resolution radar imagery as a service to customers via a web platform and plans to start launching its satellites this year. The company said this funding and its revenue will support free tasking, pilot programs, and direct satellite access. Umbra also announced this year that it has received a U.S. patent for a small satellite antenna which allows the company’s satellites to capture imagery through clouds, day or night. The antenna combined with the company’s 1200 MHz bandwidth radar allows satellites to collect imagery below 25 centimeter impulse response (IPR). ....