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Apple cofounder Wozniak's space startup Privateer buys Orbital Insight, raises $56.5 million

Economic Times · 11m

Privateer, a space data startup founded by Steve Wozniak, has raised $56.5 million in funding and acquired Orbital Insight, an analytics firm specializing in mapping and intelligence services. Privateer aims to assist satellite operators in navigating Earth's crowded orbit. The funding round was led by Aero X Ventures, with participation from Luxe Capital, Boca, Starburst, and the Winklevoss twins. The merger with Orbital Insight will enhance Privateer's satellite-tracking software and expand its offerings in the space situational awareness market. Privateer plans to release a new platform within the next six months, combining data from various satellite imagery companies.