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Jan 31, 2024

Quindar raises $6 million for automation of satellite constellation operations

Posted by in categories: finance, robotics/AI, satellites

WASHINGTON — Quindar has raised an additional $6 million to further development of software to automate operations of satellite constellations.

The company announced Jan. 30 that it closed $6 million in funding as an extension to a $2.5 million seed round it announced a year ago. Venture capital firm Fuse led the round with participation from existing investors Y Combinator and Founders Fund.

Quindar has developed software designed to automate satellite operations. The company says it has validated that system with an unnamed customer who is using it to manage a growing fleet of spacecraft.

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