Fleet Space Technologies attracts $26.4m (USD) investment valuing company at $126m (USD)
Series B Round oversubscribed
Investment confirms confidence in Fleet Space advanced satellite technology
Tech drives radical Internet of Things (IoT) efficiencies
Investment is firm commitment to Australia’s rapidly emerging space industry
Investment creates 70 new jobs, including many desirable STEM positions
ADELAIDE, Australia (Fleet Space Technologies PR) — Fleet Space Technologies announces that it has secured $26.4m (USD) in investment, valuing the company at $126 million (USD). This represents a major step forward for Fleet Space Technologies, which is committed to creating the world’s most advanced low-power satellite network, securing planet-wide coverage for millions of compatible Internet of Things (IoT) devices by using its in-house Nanosatellite technology. This funding will underpin significant expansion in Fleet Space’s manufacturing footprint and will expand the company’s highly skilled workforce.
Updated on Nov. 15 at 4:35 PST with comments by NASA Administrator Bill Nelson.
by Douglas Messier Managing Editor
The United States has condemned a Russian anti-satellite test that destroyed a non-functioning 39-Soviet-era satellite that added more dangerous debris to Earth orbit.
“Earlier today, the Russian Federation recklessly conducted a destructive satellite test of a direct-ascent anti-satellite missile against one of its own satellites,” State Department spokesman Ned Price said. “The test has so far generated over 1,500 pieces of trackable orbital debris and hundreds of thousands of pieces of smaller orbital debris that now threaten the interests of all nations.
Critical Asia Pacific Location Enhances Timeliness and Coverage in the Southern Hemisphere
MENLO PARK, Calif., October 19, 2021 (LeoLabs PR) — LeoLabs, Inc., the world’s leading commercial provider of Space Domain Awareness (SDA) and Space Traffic Management (STM) services for low Earth Orbit, today announced Australia as the site for its next space radar. The West Australian Space Radar represents a critical addition to LeoLabs growing global constellation of S-band, phased-array sensors. When completed in 2022, it will expand LeoLabs’ total number of radar sites to six, and total number of space radars to ten.
WELLINGTON, New Zealand (MBIE PR) — The Ministry of Business, Innovation and Employment (MBIE) today announced a multi-year agreement between the New Zealand Space Agency and LeoLabs, Inc. to develop the world’s most advanced Regulatory and Space Sustainability Platform.
The platform will improve the ability to implement responsible stewardship of space by commercial and public sector space entities.
LeoLabs Investment in Portugal Aligned with Commitment to Space Sustainability
MENLO PARK, Calif., June 16, 2021 (LeoLabs PR) — LeoLabs, Inc., the world’s leading commercial provider of low Earth orbit (LEO) mapping and Space Situational Awareness (SSA) services, today announced the Azores as the site for its next space radar. As a strategic addition to LeoLabs expanding global constellation of LEO sensors, the Azores Space Radar will go operational in the first half of 2022.
Amazon Web Services (AWS) Space Accelerator has selected 10 companies for its four-week program that teaches business how they can grow using analytics technology and cloud computing.
“Today, I’m thrilled to announce the 10 startups we selected to take part in the first cohort of the accelerator: Cognitive Space, D-Orbit, Descartes Labs, Edgybees, Hawkeye 360, LeoLabs, Lunar Outpost, Orbital Sidekick, Satellite VU, and Ursa Space,” said Amazon CTO Werner Hans Peter Vogels in a blog post.
LeoLabs achievement represents the world’s most advanced commercial space radar for mapping low Earth orbit, deployed in record time
MENLO PARK, April 22, 2021 (LeoLabs PR) — LeoLabs, Inc., the leading commercial provider of low Earth orbit (LEO) mapping and Space Situational Awareness (SSA) services, today confirmed “fully operational” status for its Costa Rica Space Radar, effective immediately. This new phased-array radar reinforces LeoLabs’ leadership as the premier data and services provider to inform and protect the rapidly expanding commercial and governmental activities in LEO.
LeoLabs has announced an agreement with SpaceX to support tracking of the company’s Starlink broadband satellites during the initial phase of their missions.
Under this partnership, SpaceX utilizes LeoLabs Launch and Early Orbit service to track all Starlink satellites beginning immediately after deployment, providing SpaceX with rapid orbital location and identification support during the first few days of new missions.
“LeoLabs is excited to work with SpaceX as they launch the world’s largest constellation of satellites to provide global broadband internet access,” said LeoLabs CEO Dan Ceperley. “Our global radar network and software platform allow LeoLabs to acquire an entire batch of Starlink satellites faster than any other organization in the world and provides SpaceX with a level of certainty that was previously not available.”
Expansion into Equatorial Region Will Protect Satellites from Small Debris and Drive Sustainability in Low Earth Orbit
MENLO PARK, Calif., July 22, 2020 (LeoLabs PR) — LeoLabs, Inc., the leading commercial provider of low Earth orbit (LEO) mapping and Space Situational Awareness (SSA) services, today announced Costa Rica as the site for its next space radar.
“We are delighted to be working with an incredible team in Costa Rica, and proud to bring the first commercial phased-array radar to the equatorial region,” said Mike Nicolls, LeoLabs Chief Technology Officer and co-founder. “This improves our coverage of equatorial and low inclination orbits, filling a critical gap for tracking satellites and space debris.” LeoLabs’ Costa Rica radar will be capable of tracking small debris down to 2cm and work in concert with LeoLabs’ other radars.
WASHINGTON (Defense Department PR) — As part of the national response to COVID-19, the Department of Defense entered into a $15 million agreement with LeoLabs, Inc. to ensure the continued viability of space surveillance capability through the operation and maintenance of a world-wide highly capable phased-array radar network.
The ability to surveil and analyze spacecraft in low earth orbit is essential to national defense. LeoLabs, Inc. is the only domestic commercial supplier with demonstrated capability in this critical area.
Using funds authorized and appropriated under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, this DPA Title III investment will offset direct workforce and financial distress brought about by the coronavirus pandemic to a sole-source capability within the defense industrial base and ensure resultant critical capabilities are retained within the U.S.
LeoLabs, Inc. is based in Menlo Park, California, with operating locations throughout the United States.
MENLO PARK, Calif., October 14, 2019 (LeoLabs PR) — LeoLabs, Inc., the leading commercial provider of low Earth orbit (LEO) mapping and space situational awareness (SSA) services, introduced a new era of transparency in LEO today with the launch of its Kiwi Space Radar (KSR).
As the first commercial radar to track objects in LEO smaller than 10 centimeters, the KSR sets a new standard for tracking the full range of threats to satellites from orbital debris. Located in New Zealand, the KSR also expands LeoLabs’ radar network to the southern hemisphere, and marks the first of a series of next generation LeoLabs radars to be deployed globally.
LOGAN, Utah (LeoLabs PR) — LeoLabs, Inc., the leading commercial provider of Low Earth Orbit (LEO) mapping and Space Situational Awareness (SSA) services today announced LeoTrack™, the world’s first commercial satellite tracking service tailored to the unique needs of today’s smallsat and cubesat operators.
New Zealand Government and LeoLabs Ink Agreement to Extend Space Debris Tracking for Low Earth Orbit to the Southern Hemisphere
MENLO PARK, CA, USA September 29, 2018 — LeoLabs, Inc., the leading commercial provider of low Earth orbit (LEO) mapping and Space Situational Awareness (SSA) services, today announced a broad-based agreement to build its next space radar in New Zealand. This establishes New Zealand as the site for the first radar of its kind in the Southern Hemisphere. As the third radar in LeoLabs’ network, the New Zealand radar will be the first to track debris as small as 2cm in low Earth orbit.
MIDLAND, Texas (MDC PR) – The Midland Development Corporation (MDC) and LeoLabs, Inc., celebrate the completion of the Midland Space Radar facility with a ribbon cutting ceremony. Construction of the Midland Space Radar began in September 2016 and was completed in February 2017.
MENLO PARK, Calif., Feb. 27, 2017 (LeoLabs PR) — LeoLabs, Inc., the leading commercial provider of data to track space debris and prevent collisions in low Earth orbit (LEO), today announced closing a $4 million investment round. Funding is backed by a prestigious consortium of global investors, including SRI International, Horizons Ventures, and Airbus Ventures. With this funding, LeoLabs is accelerating its cloud-based debris and satellite tracking service, expanding its ground-based radar infrastructure, and supporting engagements with commercial and governmental customers.