The University of South Australia (UniSA) with two Adelaide-based SMEs, VPG Innovation and SMR Australia,…
Sydney-based startup Arlula has won a significant strategic investment from Lockheed Martin Ventures, a subsidiary of Lockheed Martin Corporation. This investment marks a pivotal moment in Arlula’s plan to transform the future of Earth Observation (EO), satellite technology, and space exploration, the company says.
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.
“Lockheed Martin’s investment is a validation of our technology and our vision for the future of satellite imaging,” said Sebastian Chaoui, Co-founder and CEO of Arlula.
The investment from Lockheed Martin Ventures provides the company with the financial resources needed for growth but also brings aerospace industry knowledge, expertise and access to a global network of partners and customers. Its investment will accelerate the development of cutting-edge solutions and bring them to market faster.
In addition, this strategic investment from Lockheed Martin Ventures represents a significant milestone for Arlula, building upon its earlier round of funding led by Main Sequence Ventures earlier this year.