Arlula has announced what is says is a significant strategic investment from Lockheed Martin Ventures, a subsidiary of Lockheed Martin Corporation.
The company says the investment marks a pivotal moment in its journey to transforming the future of Earth Observation (EO), satellite technology, and space exploration.
Sebastian Chaoui, Co-founder and CEO, shared his excitement about the collaboration saying, “Lockheed Martin’s investment is a validation of our technology and our vision for the future of satellite imaging. We are thrilled to have an investor that shares our commitment to innovation and our dedication to pushing the boundaries of what’s possible in the space industry.”
Arlula adds that the collaboration with Lockheed Martin is not just an investment, but also a collaboration that aligns with its mission.
Founded in 2018, Arlula has built a platform that integrates commercial and government satellite imagery from operators around the world in order to reduce the time it takes to access Earth observation data.
Through its cloud-based infrastructure, Arlula provides businesses on the ground with the ability to integrate and manage satellite data feeds from anywhere in the world. Remote asset managers in the fields of mining, oil and gas, and forestry can now acquire and operationalise satellite imagery at scale, eliminating the need for complicated technology integrations, lengthy business contracts and negotiations.
Additionally, Arlula says the strategic investment from Lockheed Martin Ventures represents a significant milestone for the company, building upon its earlier round of funding led by Main Sequence Ventures earlier this year.
