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Ubotica Technologies Raises $11.

Recently funded · $11.0M UnknownTechnology, Information and MediaIEView source

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Satellites that can think, see, and act autonomously just got a financial boost. Ubotica Technologies, the leader in SPACE AI, has raised $11.0M to advance its onboard processing solutions for smart satellites.

The 2016-founded company, which collaborates with organizations like NASA and ESA, aims to reduce data bottlenecks and latency by delivering real-time, actionable insights directly from orbit. The funding round saw participation from Act Venture Capital, Greencode Ventures, and Atlantic Bridge.

Ubotica Technologies, an Irish space technology company focused on Orbital AI, has raised $11 million in a new funding round. The round was led by Act Venture Capital and Greencode Ventures, with support from existing investor Atlantic Bridge.

The company will use the funding to speed up the commercial rollout of its AI-powered intelligence platform and expand its Live Maritime Intelligence (LMI) service. Fintan Buckley | John Bourke | Aubrey Dunne | Sean Mitchell 🔗 Read full article link in comment #uboticatechnologies #spacetech #funding #startupnews #businessnews #businessupdate

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