AI companies spot a business opportunity in space
Innovation, massive investment and lower costs are fueling a new commercial space race. One area that's booming? Geospatial analytics, an industry where satellites are used to track everything from retail footfall to food production. Companies working on the technology have attracted big money. Orbital Insight raised $50 million in funding last year, while Descartes Labs attracted $30 million and SpaceKnow raised $4 million.
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