Articles from Near Space Labs

Near Space Labs today announced that Tom Chi, founding member of Google X and former head of Google's Project Loon, has made a strategic investment in the company and joined as a board observer. Chi's commitment represents a vote of confidence in Near Space Labs’s approach to solving the stratosphere's long-standing commercialization challenges, from the executive who built one of the world's most advanced stratospheric balloon systems at Google X.

Near Space Labs, the leader in high-frequency, high-resolution imagery from the stratosphere, today announced the appointment of Jacob Grob as Vice President of Sales. In this role, Grob will spearhead sales strategy and market expansion across insurance, reinsurance, insurtech, and adjacent geospatial markets.

Near Space Labs today announced $20 million in Series B funding to accelerate delivery of its ultra-high-resolution, frequent aerial imagery across the continental United States. Bold Capital Partners, founded by entrepreneur Peter Diamandis of XPRIZE and Singularity University, led the round, with participation from USAA, Climate Capital, Gaingels, and River Park Ventures, joined by existing investors Crosslink Capital, Third Sphere, Draper Associates, and others.

Near Space Labs, a leader in stratospheric remote sensing, today reached a historic milestone with the nationwide deployment of its Swift robots across the United States. This achievement establishes the first network of stratospheric robots delivering ultra-high-resolution aerial imagery across the continental US, now with enhanced 7cm resolution capabilities that match or exceed traditional aerial survey quality.