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Pixxel closed $24,000,000 in additional funding as part of its Series B round.
Pixxel’s Series B funding totals $60,000,000 after the extension round.
Pixxel’s hyperspectral satellites are designed to deliver spectral fingerprinting of the Earth that reveals details invisible to conventional imaging methods.
Pixxel's Chief Commercial Officer Akash Parekh reported that Pixxel uses AWS and its own sandbox platform to make hyperspectral imagery access easier for customers while providing data and tooling rather than downstream analysis services.
Pixxel normally manages hyperspectral data interpretation in 72 hours, handles most requests in about 6 hours, and can manage interpretation down to 30 minutes when demand exists.
The Fireflies have a five-meter spatial resolution that is higher than the resolution of Pixxel’s demonstration satellites Shakuntala and Anand launched in 2022.
Pixxel has raised USD 71 million in total since its founding in 2018.
Pixxel launched the demonstration satellites Shakuntala and Anand aboard SpaceX and PSLV rockets, respectively, in 2022.
Pixxel plans to launch six heavier satellites called Honeybees next year to complete a 24-satellite constellation with the ability to revisit any location on Earth within a 24-hour cycle.
Pixxel raised USD 36 million in Series B funding last year from Google, Lightspeed, and other investors.
Pixxel won an iDEX grant to build a satellite bus for the Indian Air Force.
Pixxel is working to launch six additional satellites in 2024 and 18 further satellites by 2025 to build a comprehensive planetary health-monitoring constellation.
Pixxel has raised US$71,000,000 in funding to date.
Users can acquire Pixxel’s hyperspectral dataset through European Space Imaging in addition to optical and SAR imagery from EUSI as a single source.
The iDEX grant will equip Pixxel to develop small satellites of up to 150 kg for Electro-Optical, Infrared, Synthetic Aperture Radar, and hyperspectral purposes.
Pixxel won a multi-crore grant from iDEX (Innovations for Defence Excellence) under the Ministry of Defence for the Mission DefSpace Challenge under iDEX Prime (Space) to manufacture miniaturized multi-payload satellites for the Indian Air Force.
Pixxel has built and launched made-in-India and the world’s highest-resolution commercial hyperspectral imaging satellites.
The iDEX SPARK grant will equip Pixxel to develop small satellites of up to 150 kg for Electro-Optical, Infrared, Synthetic Aperture Radar, and Hyperspectral purposes.
Pixxel plans to launch six satellites in 2024 and an additional 18 satellites by 2025.
Pixxel’s hyperspectral constellation and analytics platform will provide up to 10 times more information compared to today’s multispectral satellites.