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During Payam Banazadeh’s tenure as CEO, Capella Space raised over $250,000,000 in venture capital.
Capella Space Corporation has named Frank Backes as the company’s Chief Executive Officer and he will assume the role on 2023-10-23.
Capella Space launched 12 high-resolution SAR satellites.
The most recent of Capella Space’s 12 launches, the company’s second Acadia spacecraft, was lost in an Electron launch failure on 2023-09-19.
Capella Space has raised $250,000,000 in venture capital to date, including a $60,000,000 round announced in January.
Capella Space was selected by NASA as one of seven companies for the Commercial Smallsat Data Acquisition Program on 2023-10-02, making the company eligible to compete for task orders worth up to $476,000,000 over five years.
The 2023-09-19 Electron launch lifted off from Launch Complex 1 in New Zealand carrying the second Acadia radar imaging satellite for Capella Space.
Insurers estimate the Capella Space radar imaging satellite lost in the Rocket Lab Electron launch failure on 2023-09-19 will likely result in a claim of around $5,000,000.
Airbus DS Geo, Capella Space, GHGSat, Maxar, PlanetiQ, Spire Global, and Umbra were selected under a fixed-price, indefinite delivery, indefinite quantity contract to provide Earth observation data and services to NASA.
Capella Space received a Commercial Radar Contract from the U.S. National Reconnaissance Office.
The Louisville facility will support Capella Space’s accelerating demand for the launch of new synthetic aperture radar (SAR) satellites.
The new 32,000-square-foot Capella Space facility in Louisville can accommodate more than 150 employees.
The new 32,000-square-foot facility will enable Capella Space to meet increasing demand for SAR imagery.
Capella Space first established a presence in Colorado in 2017 shortly after the company was founded to provide 24/7, all-weather insights to governments and commercial industry.
Capella Space first established its presence in Colorado in 2017 shortly after the company was founded.
The new Capella Space facility will support accelerating demand for the launch of new synthetic aperture radar (SAR) satellites.
Capella Space received a contract for Proliferated Low Earth Satellite-Based Services awarded by the U.S. Defense Information Systems Agency through the U.S. Space Systems Command.
The payload on the 2023-09-19 launch was the second Acadia synthetic aperture radar imaging satellite developed by Capella Space.
A previous Electron launch on 2023-08-23 launched the first Acadia satellite as part of a four-launch contract between Rocket Lab and Capella Space.
Capella Space’s factory contains multiple Acadia satellites with more planned to launch in the coming quarters, including on Rocket Lab vehicles.