U.S.-based startup Swarm Technologies and 28-year old Orbcomm, both pursuing the fast-growing market for connecting Internet of Things (IoT) sensors to satellites, are locked in a regulatory tussle over plans to expand overseas.
The software technology sector has been shifting from an upfront customer purchase to a service model – Software-as-a-Service (SaaS) — for years now. Using the cloud and a baseline subscription service model, the sector achieves steady recurring revenue, high customer renewal, and scalability. In turn, customers access the exact solutions they need, avoiding upfront costs and risks.
Albedo, the space startup planning to offer Earth imagery with a resolution of 10 centimeters per pixel, raised $10 million in a seed funding round led by Initialized Capital.
Isar Aerospace, one of three German startups vying for ESA funding for smallsat launchers they each aim to debut next year, has won its first launch contract.
