According to filings with the U.S. Securities and Exchange Commission, Albedo Space is raising $40,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Christopher Haddad played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Albedo Space
Albedo is developing low-flying satellites that will capture visible and thermal imagery at the highest resolution commercially available. By making aerial quality imagery globally available, easy to purchase, and transparent to task, we aim to catalyze market growth and spur new applications. The world is rapidly changing and a new level of visibility and transparency is required to solve some of our largest problems. Albedos 10cm visible and 2m thermal imagery will fuel insights for industries such as mapping, insurance, utilities, solar, agriculture, carbon offsets, infrastructure sustainability, national security, and much more.

To learn more about Albedo Space, visit http://albedo.com/

Contact:
Christopher Haddad, Chief Executive Officer
832-526-6153

SOURCE: http://www.intelligence360.io
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