Kallot has a vision to help Africa create and sustain a new economy, using the most advanced technologies, and she hopes that Amini can help facilitate that. If it is able to bridge the environmental data gap in Africa, its influence could extend well beyond the satellite sector. Led by CEO Kate Kallot and based in Nairobi, Kenya, the company is developing what it calls a ‘holistic’ solution, where it uses a combination of AI and space technologies to drive systemic change and promote economic inclusivity for farmers and supply chain resilience in Africa and beyond. It is developing a plan to build a constellation of IoT-integrated nanosatellites. An early-stage company, Amini recently raised $2 million in a pre-seed funding round led by the European climate-focused venture capital firm Pale Blue Dot. These 10 Smallsat Startups to Watch in 2023 illustrate the broadening, global market for both private investment and disruptive small satellite solutions, with companies on the list representing multiple regions around the world.AminiIf Amini is successful over the next few years, it could genuinely be transformative in Africa, where it aims to provide environmental data solutions to help people make the most of the continent’s natural resources. In this article, Via Satellite identifies 10 noteworthy smallsat startups that hit significant milestones with technologies that top investors’ wish lists.
Any smallsat startup that survives long enough for a Series A funding round in today’s market is worth watching. Startups seeking seed funding are now expected to have working prototypes and a two-year path to launch and/or orbit. Space investors, now much more cautious following a string of big bank failures and SPAC burnout, are switching to a “quality over quantity” mindset and moving more money toward entrepreneurs with stable, long-term business models. Rachel JewettJeffrey HillMark HolmesJuly 24, 2023Today’s space startup landscape is arguably the most difficult and competitive it has been in several years. August 2023 - 10 Smallsat Startups to Watch in 2023 | Via Satellite var utag_data = ("918570d68022c9bdf012e51ec8cd7b06") MenuVia SatelliteArchiveAuthorsSearchFacebookTwitterGoogle+YouTubeLinkedInSubscribeShareFacebookTwitterLinkedInFound in10 Hottest10 Smallsat Startups to Watch in 2023Via Satellite identifies 10 noteworthy smallsat startups in this annual list.
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