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 LeoLabs secures $29M to expand space safety using AI-based solutions
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LeoLabs, a pioneering company, has secured $29 million in funding to enhance its AI-powered insights crucial for space operations. The company utilizes a global radar network and advanced AI algorithms to track over 20,000 objects in low Earth orbit (LEO) and transform measurements into vital insights for commercial and government space operators. The funding round was led by GP Bullhound and included participation from new investors such as 1941 and Dolby Family Ventures, as well as continued support from existing backers including Insight Partners and Space Capital. LeoLabs' advancements and support from investors highlight the critical role of innovative technology in managing the challenges and opportunities of space operations.

#Leolabs #SpaceSafety #Ai-basedSolutions #Funding #LowEarthOrbit #GpBullhound

https://www.spacedaily.com/reports/LeoLabs_secures_29M_to_expand_space_safety_using_AI_based_solutions_999.html