Satellite startup Constellr gets backing to expand its water monitoring platform • TechCrunch

We live in the age of so-called microsatellites, which are equipped with thermal cameras and other insignia to, for example, alert farmers before crops are damaged, predict droughts and help juggle power chains. ‘supply. Climate change is making less land available for agricultural food production, leading to strict regulations on water and fertilizer use. Wasted water now costs €220 billion a year, according to some estimates, and is expected to reach €2 billion by the end of the decade.

To address this, German satellite startup Constellr has now raised $10m in seed funding, co-led by Lakestar and VSquared, with participation from early and new supporters FTTF, IQT, Amathaon Capital, Natural Ventures, EIT Food, OHB Venture Capital, Next Humanity and Seraphim.

This space-based water monitoring system checks the temperature of the Earth’s surface and, soon, its chemical composition. The platform will also examine the availability of water across the world, daily.

Constellr will use the money to develop its first two satellites, which take measurements beyond infrared wavelengths (8-14 microns) to calculate surface temperature and thus measure water distribution.

The investment shows that there is continued investment in space infrastructure from Germany.

Lakestar and Vsquared are also investors in space startup Isar Aerospace, showing that Europe is keeping pace with regions like the US and China at a time when space sovereignty is more important than ever.

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