Farhan

  Australian Space Company Fleet Space Technologies Secures $150 Million in Funding: A Game-Changer to Satellite-Enabled Technologies and Clean Energy In a significant boost for the Australian space industry a new space company Fleet Space Technologies has raised $150 million in new funds. This investment greatly enhances the company’s market standing in Fleet Space and strengthens its strategy to transform satellite technology in mining, renewable energy, and data science industries. This funding round which has taken the company’s valuation above $800 million underscores the need for satellite based technology and the opportunity it presents in solving global problems across different sectors. Fleet Space Technologies has already embarked on this through satellite enabled systems for real time data acquisition and analysis for various sectors including mining, agriculture and environmental management. With this new capital, the company intends to scale up, improve its ExoSphere, ...