Spain's Xoople raises $130 million Series B to map the Earth for AI [TechCrunch]
L3Harris Technologies, Inc. (LHX)
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Source: TechCrunch
Now, with artificial intelligence top of mind for business, one Spanish startup is trying to become the go-to source of ground truth for enterprise. Xoople (said like “zoople') is developing a satellite constellation to collect precise data aimed at deep learning models. The startup was founded in 2019 and has spent the last seven years developing its tech stack around data collected by government spacecraft, and integrating with cloud providers. CEO and cofounder Fabrizio Pirondini told TechCrunch that the company has closed a $130 million Series B led by Nazca Capital. Other investors include MCH Private Equity, CDTI, a tech development fund backed by the Spanish government, Buenavista Equity Partners, and Endeavor Catalyst. The startup also announced Monday a deal with U.S. space and defense contractor L3Harris Technologies to begin building sensors for Xoople's spacecraft, which are designed to collect “a stream of data that is going to be two orders of magnitude better than
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News
- Spain's Xoople raises $130 million Series B to map the Earth for AI [Yahoo! Finance]Yahoo! Finance
- NASA Artemis II astronauts to fly around moon in spacefaring 'pivot point' [USA TODAY]USA TODAY
- Mercury Systems and L3Harris: A Strategic Alliance for Next-Gen Space Intelligence [TheStreet.com]TheStreet.com
- Parraid Welcomes Jaime Ferguson to Leadership Team [Yahoo! Finance]Yahoo! Finance
- U.S. defence stocks see no Iran war lift after early surge [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
LHX
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- 1/29/26 - Beat
LHX
Sec Filings
- 4/3/26 - Form 4
- 4/3/26 - Form 4
- 4/3/26 - Form 4
- LHX's page on the SEC website