SatLeo Labs has raised $3.3 million in pre-seed funding to develop high-resolution thermal and visible imaging technology from Low Earth Orbit (LEO).
The funding round was led by Merak Ventures with participation from other investors and will be used to develop SatLeo's proprietary thermal imaging payload, conduct feasibility studies, secure regulatory approvals, and expand the team and infrastructure.
SatLeo aims to validate its technology through pilot testing and expand partnerships within the space sector. The company is developing a dual-band thermal payload for various applications including agriculture, environmental conservation, urban planning, and defence.
The company plans to launch its first thermal imaging satellite soon, providing cost-effective and scalable space-based intelligence solutions globally.