PlanetIQ

PlanetIQ

United States
PlanetIQ utilizes commercial satellite constellations to provide weather data for on-the-ground decision-making. The costs of natural disasters are soaring as extreme weather increases and the population expands, putting more and more lives and property at risk. Meanwhile, smarter and more powerful weather and climate models are hungry for the data they need to produce more precise forecasts on time scales ranging from hourly to decadal. Yet the traditional model for government-funded satellite programs has not kept up with today’s technology and the rising demand for data. Aging spacecraft, budget constraints, and schedule delays threaten critical gaps in data crucial to monitoring and predicting day-to-day weather, hurricanes and winter storms, floods and drought, space weather, and climate change.
Founded date
01/01/2012
# of employees
11-50
Company type
For Profit

General & financials

Estimated revenue
$1M to $10M
# of funders
2
Founders
Chris McCormick, Robert Kursinski
Industry group
Hardware, Information Technology, Navigation and Mapping, Science and Engineering

Founding

Top 5 investors
AV8 Ventures, Service Provider Capital, Valo Ventures, Hemisphere Ventures, New Science Ventures
# of funding runds
3
Last founding
$18.700.000
Total funded
$37.601.578

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