Muon Space Raises $10 Million Seed Financing to Improve Data-Driven Climate Action October 06, 2021 07:50 AM Eastern Daylight Time
MOUNTAIN VIEW, Calif.--( BUSINESS WIRE )-- Muon Space , a climate-focused satellite constellation company, today announced it has raised $10 million in Seed funding led by Costanoa Ventures with participation from Space Capital, Congruent VC, Ubiquity Ventures, South Park Commons, Climactic VC.
Founded by a proven team from JPL, Skybox Imaging, Loft Orbital, Ball Aerospace, Apple and Google who have led more than 30 successful remote sensing missions, Muon Space is building the Earth’s first scientific, software-defined remote sensing constellation platform and collaborating with organizations to deliver critical climate and Earth systems data. Early customers including Tomorrow.io and Google are partnering with Muon to develop new mission-critical geophysical datasets.
The recently released IPCC Sixth Assessment report emphasizes the importance of improved commitment to climate change mitigation and adaptation. Until now, scientific geophysical remote sensing has been limited to large, expensive, government-developed satellites that, while capable, are not scalable in numbers or measurement modalities. The improvements needed require a paradigm-change in precise, real-time information to drive informed decision making from local to global levels.