Space News – German startup raises funding for wildfire monitoring satellites
WASHINGTON — A German startup has raised an initial funding round that will enable it to begin launching a constellation of satellites to detect wildfires. Orora Technologies, or OroraTech, announced June 1 it closed a Series A round worth 5.8 million euros ($7.1 million). Findus Venture and Ananda Impact Ventures led the round, with contributions […]
OroraTech Successfully Closes €5.8M Series A to Launch First Satellites to Tackle Global Wildfire and Climate Crisis
Munich, June 1st, 2021 – OroraTech is the first NewSpace start-up to provide global wildfire detection and monitoring services. The platform is already used by government agencies, insurance companies, and commercial forestry operators around the globe, helping to mitigate the environmental and economic impacts of forest fires and other climate change related topics.