ConstellR, a SpaceTech startup with a expertise that can screens land surface temperatures from house, has raised a €1m pre-seed round led by FTTF, with the participation of strategic investor OHB Venture Capital, Baden-Württemberg’s state financial institution L-Bank and an undisclosed investor. The first system is due to enter orbit in December 2021. The firm was a finalist for Hottest Ag/FoodTech Startup on the prestigious Europas Awards 2020.
The Freiburg, Germany-based startup screens the land by way of a constellation of 30 CubeSats with thermal infrared payloads. The information generated is utilized by farmers to cut back water and fertilizer utilization, and will assist them scale back present monitoring prices by 97%, says the corporate. ConstellR has a patent-pending miniaturization structure with ‘free-form optics’ and claims to have the ability to make it less expensive to monitor the infrared a part of the spectrum than conventional satellite tv for pc techniques.
Dr. Max Gulde, CEO, ConstellR, stated: “Our mission is to monitor every single field on the planet every single day of the year and provide precision farming companies with highly accurate temperature data to safeguard the world’s food supply. With our strong financial and technology partners on board, I am looking forward to a time of quantum leaps in our constellation development to change agriculture on the global planetary scale.”
Tobias Schwind, Managing Partner at FTTF, Fraunhofer’s Technology Transfer Fund, stated: “ConstellR’s unique technology and business case as well as its passionate team convinced us to make this exciting pre-seed investment.”