Property insurance MGA, Delos Insurance Solutions, which uses wildfire science and satellite imagery expertise to solve homeowners' wildfire insurance availability issues, has raised $9 million through a Series A funding round. The round was led by HSBC Asset Management and included IA Capital Group, Blue Bear Capital and Generation Space along with several angel investors.
Satellite manufacturer Astranis announced Nov. 1 it is teaming up with navigation startup Xona Space Systems to compete for a U.S. Space Force contract aimed at developing a backup to the military’s GPS system.
Satellite operator Globalstar stock rose more than 30% Nov. 1 after disclosing Apple’s plans to inject $1.7 billion for a new constellation to improve space-based communications for iPhones.
Using its synthetic aperture radar (SAR) satellite constellation to track the recent severe flooding in southeastern Spain, ICEYE estimates that over 2,600 buildings have been affected.
The Commercial Integration Cell allows commercial partners who already have contracts with the Defense Department to easily share information with the military—and with each other—at a classified level, including participating in exercises and operations planning. The new CIC partners include BlackSky, Kratos, LeoLabs, ICEYE and Telesat, Breaking Defense reported. The firms still in the process of joining are HawkEye 360 and ExoAnalytic.
