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Synspective has raised $200,000,000 to date, including a $100,000,000 Series B round in 2022.
The contract between Synspective and Rocket Lab covers launches of individual StriX synthetic aperture radar spacecraft on Electron rockets from 2025 through 2027.
Rocket Lab’s most recent launch of a Synspective SAR satellite occurred in March and was part of a multi-launch contract that includes two more launches later 2024 separate from the new 10-launch contract.
Rocket Lab has launched all four of Synspective’s SAR satellites on Electron rockets since 2020.
Two launches for Synspective have already been booked on Rocket Lab and are scheduled to launch 2024 from Launch Complex 1 in New Zealand.
Synspective will continue to build an analytics platform to enable visualization and analysis of global environmental and economic activities starting with constructing a SAR satellite constellation.
The ten new dedicated Rocket Lab launches for Synspective will occur across 2025 and 2027.
Rocket Lab has been the sole launch provider for Synspective’s StriX constellation and has deployed four StriX satellites across four dedicated Electron launches since 2020.
Synspective will continue to develop technologies and establish a system for the stable provision of daily InSAR images.
Synspective was selected by the Ministry of Economy, Trade and Industry (METI) for the Small and Medium Business Innovation Research Promotion Project (SBIR Phase 3).
Synspective will continue to develop InSAR analysis services including the Land Displacement Monitoring (LDM) solution.
Synspective Inc. successfully tested observation of images for daily InSAR analysis using StriX-3 and StriX-1.
Synspective entered into a memorandum of understanding with Oriental Consultants Global Co., Ltd. (OCG) and Geosphere Environmental Technology Co., Ltd. to collaborate on monitoring urban subsidence using SAR satellite data and groundwater simulation technologies.
Rocket Lab launched an Electron carrying a radar imaging satellite for Japanese company Synspective on 2024-03-12 from New Zealand.
Synspective’s StriX-3, the company’s fourth synthetic-aperture radar (SAR) satellite, has reached its target orbit and deployed its wings.
StriX-3 was manufactured based on the same conceptual design as Synspective’s StriX-1 rather than being a newly developed satellite.
Synspective will expand its analytics platform business leveraging data-driven and collective learning to support societal progress and sustainable development.
2024 Synspective will enhance its satellite manufacturing facilities, improve constellation operations, increase its data supply, and strengthen its data analysis capabilities.
Synspective will provide updates and details about StriX-3 on its website.
The mission delivered the StriX-3 satellite to a 561 km Sun-synchronous orbit where StriX-3 joined Synspective’s constellation.