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Albedo Secures $35M for Pioneering VLEO Satellite Imagery

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​Los Angeles CA (SPX) Jan 24, 2024

Albedo, a company breaking new ground in satellite technology, has recently closed a $35 million Series A-1 funding round. This round, led by Standard Investments, propels Albedo’s total funding to an impressive $97 million. The investment is a testament to Albedo’s potential in revolutionizing satellite imagery through its pioneering use of Very Low Earth Orbit (VLEO).

The funding round s