Max Q: Space raise

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In this issue:

Voyager Space raises $80M as it continues development on private space station, Starlab

Voyager Space, a company developing a private space station, has raised $80.2 million in new capital. The new funding comes as Voyager continues its development of the station, Starlab, which is no doubt an enormously capital-intensive undertaking.

The funding includes participation from NewSpace Capital, Midway Venture Partners and Industrious Ventures, according to U.S. Securities and Exchange Commission filings and other documents viewed by TechCrunch. Seraphim Space also participated, TechCrunch has confirmed. The funding was filed with the SEC on January 27.

Image Source: Voyager Space

Orbital Sidekick raises $10M to bring hyperspectral imaging to oil and gas pipeline monitoring

Historically, oil and gas companies have monitored pipeline leaks using inefficient, expensive methods: workers equipped with handheld optical gas imaging cameras, for example. Or, as Orbital Sidekick CEO Dan Katz put it in a recent interview with TechCrunch, “a young pilot sticking their head out the window of a crop-duster.”

“There’s really no persistent, objective, high-accuracy monitoring service that’s available to operators today,” he said. So he and Orbital Sidekick co-founder Tushar Prabhakar set out to create one. Their startup’s solution is a data analytics product that generates intelligence using a constellation of satellites equipped with hyperspectral sensors — and it’s caught the energy industry’s attention.

Image Credits: Orbital Sidekick

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