Ursa Space Systems Inc., an Ithaca, NY-based company providing access to multi-modal satellite data and on-demand analytic solutions, received a $10M venture loan from Horizon Technology Corporation.
The company will use the loan proceeds for general growth and working capital purposes.
Led by CEO Adam Maher, Ursa Space Systems Ursa Space is a satellite intelligence company serving government and commercial clients worldwide, providing all-weather monitoring, analytics and imagery via an extensive virtual network of over 200 satellites. Its proprietary technology combines Synthetic Aperture Radar, Electro-Optical and Radio Frequency data with AI-enabled processing to deliver real-time automated change detection in the physical world. With access to over 55 million satellite images and advanced processing capabilities, the company’s tech-stack delivers actionable intelligence through both custom solutions and subscription services. Ursa Space is backed by investors including Dorilton Capital, RRE Ventures and Paladin Capital Group.
FinSMEs
08/11/2024