<ul><li>Space-tech startup PierSight raised additional capital in a seed extension round, totaling $8 million with new investors like CE-Ventures and Sustainable Ocean Alliance.</li><li>The funding will support the development of the world’s first satellite constellation combining Synthetic Aperture Radar (SAR) and Automatic Identification System (AIS) for maritime intelligence.</li><li>PierSight aims to detect illegal fishing, marine pollution, and insurance fraud using advanced satellite technology, with its first satellite scheduled for launch in 2026.</li><li>The startup, founded by ex-ISRO scientist Gaurav Seth and engineer Vinit Bansal, is focused on maritime surveillance to provide persistent visibility into maritime activity through satellite technology.</li></ul>

PierSight Secures Funding to Advance Maritime Surveillance Satellites

Discover more