Satellites Space

Capella Space satellite company plans to retrieve $60 billion from the intelligence market with its latest technology

Capella Space unveiled its satellite imagery with two advanced spacecraft that it deployed early this year. The firm is in the quest to make the best of the Earth intelligence market, which it estimates to be $60 billion. The company wants to this satellite imagery technology with affordable spacecraft.

The company is developing a group of interconnected satellites that can gather images for different places on Earth. This technology allows the company to record images at all times and in various types of weather. The company intends to capture the market of intelligence, surveillance, and reconnaissance, according to the chief executive Payam Banazadeh.

Payam thinks that this technology accounts for 67% or $40 billion of the Earth intelligence market. A third of this technology is a rapid and highly advanced Earth observation that integrates capabilities equivalent to SAR. The company managed to raise approximately $100 million since its initiation five years ago and has about 100 employees.

Currently, the company boasts of three satellites in orbit and will be deploying four more satellites before the end of 2021. Another company in the radar imagery market is Finland’s Iceye that is also developing a network of satellites with ten already in orbit. Capella has an absolute advantage over Iceye because it is based in the US and will be serving the government market. On the other hand, Iceye stated that it would be advancing its operations to other countries like Poland after it developed another utility in the US.

Capella unveiled its first high-resolution images captured by the Capella-3 and Capella-4 satellites early this year. The satellite images illustrate the Rybachiy nuclear submarine base in Russia, the “India Gate” in New Delhi, and the “Temple of Heaven” buildings in Beijing. The image displays other landmarks in Russia that have been recorded. The executive explained that the technology has various advantages that the standard optical imaging satellites cannot offer.

He added that since the only part of Earth that they are exploring is 25%, they can only focus on the progressive nature of their satellites and the optical technology to meet their customers’ needs. Additionally, the radar-based system is an advanced measurement system for the details on Earth. This technology allows the experts to analyze the images with attention to the details pinned on the examined objects. Finally, the company decided to serve the government and its friends because the US market is dominated by a government with a high demand for intelligence that only space satellites can provide with ease.