ConstellR, a SpacTech startup, a technology that can monitor land surface temperatures from space, has partnered with strategic investor OHB Venture Capital, State Bank L-Bank of Baden-Württemberg and FTTF Has led a € 1m pre-seed round in the lead. Undisclosed investor first system is due to go into orbit in December 2021. The company was a finalist for the Hottest Egg / Foodtech Startup at the prestigious Europa Awards 2020.
Germany-based startup Freiburg monitors land through a constellation of 30 CubeSat with thermal infrared payload. The data said by the company is used to reduce water and fertilizer use, and can help reduce current monitoring costs by up to 97%. ConstellR has a patent-pending small-structure architecture with ‘free-form optics’ and claims to be able to make it much cheaper to monitor the infrared portion of the spectrum than traditional satellite systems.
Dr. Max Gulde, CEO, Constellar, said: “Our mission is to monitor every single region on the planet every single day of the year and to provide accurate agricultural companies with highly accurate temperature data to protect the world’s food supply. With our strong financial and technology partners across the board, I am seeing a time of quantum leap in our constellation development to transform agriculture on the global planetarium. “
Tobias Shavind, managing partner of Technology Transfer Fund of FTTF, Franhofer, said: “Constellar’s unique technology and business case as well as its passionate team convinced us to make this exciting pre-seed investment.”