DUBLIN, Ireland (Ubotica Technologies PR) — Ubotica Technologies, the leading provider of smarts for smart satellites, closed an oversubscribed Seed round with a global syndicate led by Atlantic Bridge and including co-investment from US based Dolby Family Ventures and the world’s leading Investor in Space, Seraphim Space. Addressing major challenges by providing real-time actionable insights direct to users from space, Ubotica™ has developed the energy efficient CogniSat™ on-board processing system. This new investment includes funding for the next generation of the CogniSat platform and targeted team growth.
Announcing the funding, Fintan Buckley, Co-Founder and CEO of Ubotica Technologies, said: “We are at the heart of semi-autonomous satellite systems that provide real-time insights from flexible on-board processing and that use affordable, low energy hardware. The Ubotica CogniSat platform was developed by technology innovators with deep insight of processing hardware, computer vision software and AI system integration. CogniSat technology has already been flight proven in space projects with partners in Europe and the USA, including with NASA JPL on the International Space Station and with the European Space Agency (ESA) on Φ-Sat-1.”(more…)