Pixxel secures $36 million in a Series B funding round, with participation from notable investors like Google. This substantial funding will propel Pixxel's mission to develop the world's first and highest-resolution hyperspectral satellite constellation. By harnessing cutting-edge earth-imaging technology, Pixxel aims to provide actionable climate insights on a global scale.
The funds will also contribute to the advancement of Aurora, Pixxel's AI-powered analytics platform, making hyperspectral analysis accessible to a wider audience. By leveraging the power of artificial intelligence, Aurora will enable users to gain valuable insights from the vast amount of data collected by Pixxel's satellites.
Pixxel's hyperspectral satellite constellation will play a crucial role in monitoring various environmental factors with unparalleled detail and speed. It will aid global organisations in closely tracking emissions, water pollution, gas leaks, oil spills, soil composition, forest biodiversity, and crop health.
Furthermore, with the additional funding, Pixxel plans to launch six satellites in 2024 and a further 18 satellites by 2025. This expansion will enhance the coverage and capabilities of Pixxel's constellation, enabling even more comprehensive monitoring and analysis of Earth's vital signs.