San Francisco » NORTHSTAR EARTH & SPACE RAISES $15M IN SERIES D ROUND

06-12-2023

NorthStar Earth & Space has completed a $15 million round of funding with Telesystem Space, the Luxembourg Future Fund, and Investissement Québec.

Funds will support the company’s on-going operations to deploy the initial block of four satellites of NorthStar’s constellation to monitor space from space, commence commercial Space Situational Awareness (SSA) services, and establish a data processing centre to track the location of satellites (over 11,000) and orbital debris (over 128 million).

This represents a significant contribution to the sustainability of the space environment for future generations.

“Thanks to the unwavering support of the government of Quebec and our investors in North America and Luxembourg, NorthStar’s unique space-based services will provide coverage of significant gaps that were previously inaccessible from ground-based systems. This represents a significant contribution to the sustainability of the space environment for future generations,” said Stewart Bain, co-founder and CEO of NorthStar Earth & Space.

About NorthStar: NorthStar’s precise information services identify and anticipate the position of space objects to enhance spaceflight safety.  With headquarters in Montreal, Canada, a European headquarters in Luxembourg, and a dedicated US operation in McLean, Virginia, NorthStar addresses the ever-growing threat of space collisions as a major contribution to empower humanity to preserve our planet.