Albedo

Albedo

Develops low-flying satellites for high-resolution imagery

About

Albedo develops low-flying satellites that capture high-resolution visible and thermal imagery. Their satellites provide 10cm resolution for visible imagery and 2m for thermal imagery, which is the highest quality available commercially. This imagery is useful for various industries such as mapping, insurance, utilities, agriculture, and national security. Albedo's product allows clients to easily purchase and task aerial imagery, making it accessible and transparent. Unlike competitors, Albedo focuses on providing unparalleled resolution and ease of access, which helps clients make informed decisions and optimize their operations. The company's goal is to make aerial quality imagery globally available to address pressing challenges across multiple sectors.

Company Stage

Series A

Employees

51-200

Industries

Food & Agriculture, Industrial & Manufacturing, Aerospace

Total Funding

$90.5M

Headquarters

Denver, Colorado

Founded

2020


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Simplify's Take

What believers are saying

  • Growing demand for high-resolution imagery in precision agriculture boosts Albedo's market potential.
  • Insurance and utility sectors increasingly rely on satellite imagery, expanding Albedo's customer base.
  • Interest in carbon offset projects increases demand for Albedo's accurate satellite data.

What critics are saying

  • Privacy concerns over high-resolution imagery could lead to regulatory challenges for Albedo.
  • Technical challenges in maintaining VLEO satellites may increase operational costs for Albedo.
  • Expansion with military experts may raise concerns about potential militarization of technology.

What makes Albedo unique

  • Albedo offers the highest commercially available resolution for visible and thermal imagery.
  • Their low-flying satellites enable aerial quality imagery from space, a unique market position.
  • Albedo's imagery supports diverse applications, from agriculture to national security.

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Growth & Insights
Headcount

6 month growth

-1%

1 year growth

1%

2 year growth

4%

Benefits

Health Insurance

401(k) Company Match

Paid Vacation

Paid Holidays

Unlimited Paid Time Off

Parental Leave

Relocation Assistance

Wellness Program

Flexible Work Hours

Company Equity

Employee Stock Purchase Plan

Company Social Events

Professional Development Budget

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