in ,

HySpecIQ Gets Investment for Hyperspectral Imaging Analysis Effort; John DeBlasio Quoted

HySpecIQ Gets Investment for Hyperspectral Imaging Analysis Effort; John DeBlasio Quoted - top government contractors - best government contracting event

HySpecIQ has secured Series B funding that will contribute to the development of the Herndon, Virginia-based analytics company’s 12-satellite hyperspectral imaging constellation.

The satellites will produce imaging data for conversion by a future cloud-based platform into actionable insights using spectral algorithms and analytics for intelligence agencies and other public and private institutions, the company said Thursday.

According to HySpecIQ, its future hyperspectral data analysis service will be developed to predict fires, improve intelligence, enhance security mitigate risk, protect infrastructure and other applications.

“Our satellites will offer hyperspectral imagery that is an order of magnitude better than existing imagery and our industry-led partnerships will create transformative use-cases for this data,” shared John DeBlasio, CEO of HySpecIQ.

The investment is from U.S.-German venture capitalist Peter Thiel.

HySpecIQ is also looking for commercial clients to pilot its imaging analysis service for environmental monitoring, fire protection and other missions.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Big Data & Analytics News

mm

Written by Angeline Leishman

is an Executive Mosaic staff writer covering broad topics in the federal government contracting industry.

BigBear.ai Partners With Virgin Orbit to Deploy AI-Powered Analytics Platform; Dr. Reggie Brothers Quoted - top government contractors - best government contracting event
BigBear.ai Partners With Virgin Orbit to Deploy AI-Powered Analytics Platform; Dr. Reggie Brothers Quoted
GigaIO Raises Funds to Boost Sales of Company's AI/HPC Architecture - top government contractors - best government contracting event
GigaIO Raises Funds to Boost Sales of Company’s AI/HPC Architecture