Ottawa, Canada – Mission Control, a startup that develops software for Earth, Moon, and Mars, today announced the closing of a $3.25 million Initial Seed funding round led by GreenSky Ventures. The round also included participation from angel investors from the space industry.
The funding will be used to advance Mission Control’s Spacefarer platform, which allows customers to simplify mission development, operations, and scientific and commercial opportunities on the Earth, Moon, Mars, and beyond.
“We are excited to partner with GreenSky Ventures and our other investors to accelerate the development of our Spacefarer platform and bring it to more customers,” said Ewan Reid, CEO of Mission Control. “The demand for space software is growing rapidly, and we are well-positioned to capitalize on this opportunity.”
Mission Control’s Spacefarer platform is a cloud-based software-as-a-service (SaaS) platform that provides a complete solution for mission development, operations, and data management. The platform includes a variety of features, such as:
- Mission planning and scheduling
- Data management and visualization
- Communication and collaboration tools
- Ground station automation
- Flight dynamics and control
The platform is used by mission controllers, scientists, and software developers who seek faster deployments, lower-cost mission development, and valuable data returns.
The space industry is rapidly growing, with the global space economy expected to reach $1 trillion by 2040.
Deal Table for Mission Control
| Key People | Investors | Amount Invested | Sector | Funding Round |
|---|---|---|---|---|
| Ewan Reid, Dr. Michele Faragalli | GreenSky Ventures, angel investors | $3.25 million | Space | Initial Seed |
Some of the key trends driving the growth of the space industry include:
- The development of new technologies, such as reusable rockets and small satellites
- The increasing commercialization of space
- The growing interest in space exploration
Similar Startups developing products for the Space Exploration sector
There are a number of other startups that are developing space software. Some of the most notable include:
- Orbital Insight develops software that uses satellite imagery to track the movement of people, goods, and resources.
- Planet Labs provides high-resolution satellite imagery to a variety of customers, including governments, businesses, and researchers.
- SpaceIL is an Israeli non-profit organization that is developing a spacecraft to land on the Moon.