Foundational raises £8.2M for satellite laser tech
Space tech startup Foundational has raised £8.2 million in pre-seed funding as it reveals its plan to automate and scale satellite laser ranging. Using a system that combines its own satellite hardware, automated ground-based lasers, and custom software, the company aims to deliver ultra-precise location data to satellite operators, governments, and insurers. The goal: make millimetre-level orbital data accessible as a commercial service.
- Secured £8.2M pre-seed funding from several investors
- Developing automated satellite laser ranging (SLR) tech
- Targets commercial and government satellite operators
- Aims to build a global positioning data network
Sources covering this
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