Satlyt has been boosted by securing $8 million in seed financing led by non sibi ventures. The funding will accelerate development of its virtual Al data centers in space, expand its engineering and customer delivery teams, and scale software deployments across spacecraft operated by other companies. The company announced the successful seed funding, Oct. 1.
Satlyt moves more processing onto the spacecraft itself, reducing the need to send every raw image or system log to Earth for analysis. That can reduce communications demands and the wait for useful results.
The company’s approach is to make computing hardware on existing spacecraft more useful through software. Operators can process data closer to where it is collected, while application developers gain a way to run their software in orbit. Over time, Satlyt aims to give spacecraft from different operators a shared software layer for coordinating computing resources.
The next planned deployment is expected to support two applications on one spacecraft: research software and a commercial imagery-processing application.
“Running applications on existing spacecraft gives operators a way to do more with the computing hardware they already have in orbit. Our job is to make those applications practical to deploy and operate. This financing lets us expand the engineering and delivery teams needed to support more spacecraft and customers, while building toward computing resources that can work together across missions,” Rama Afullo, founder and CEO of Satlyt, said in a statement.
Source: www.satellitetoday.com
