Wednesday, June 21, 2023

Scout Space announces new investors

Scout Space, a startup developing technologies for space situational awareness, announced June 21 it has secured undisclosed funding from the venture capital firm Decisive Point and from government contractor Noblis. Noblis Ventures is the majority investor in Scout’s recently closed seed round led by Decisive Point, the company said. Scout Space said it could not disclose the value of the seed round. Other participating investors included VIPC and Fusion Fund. A Scout spokesperson said the company, based in Alexandria, Virginia, has raised about $5.5 million in venture funding since it was founded in 2019. Noblis, based in Reston, Virginia, is a federal contractor focused on science and technology. It was formed as a spinoff of the nonprofit MITRE Corp.

Space tracking software application developed by Scout Space. Credit: Scout Space


Sensors for spacecraft navigation

Scout developed a sensing payload that helps spacecraft in orbit see and understand the environment around them. The company has won Air Force and Space Force small business innovation research contracts.

“Now more than ever, space-based situational awareness is critical to our national security and economy,” said Mile Corrigan, Noblis’ president and CEO.

Eric Ingram, Scout’s co-founder and CEO, said the new round of investments signal “confidence in our vision and technological capabilities in the space situational awareness domain. Space-based sensing and software technologies are key to enabling spacecraft autonomy and national security.”

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