"Booz Allen Ventures Makes First Space Investment in Albedo's VLEO Satellite Constellation"
Albedo, an Earth-observation startup, has raised $35 million in a Series A-1 investment round to accelerate the deployment of its very low Earth orbit (VLEO) constellation, aiming to provide high-resolution Earth imagery with 10-centimeter resolution and two-meter thermal imagery for commercial and defense customers. The funding, led by Standard Investments, brings the total funding to $97 million and will support the launch of the company's first satellite in 2025.