The Technology team advised Extellis on its $6.8 million oversubscribed seed round led by Oval Park Capital. The financing will support the company’s first satellite launch and initial product rollout in partnership with analytics and distribution providers.
Extellis is a satellite imaging company dedicated to delivering reliable Earth observations at an industrial scale. Our patented antenna technology, invented at Duke University through DARPA-sponsored research, enables satellites to take thousands of synthetic aperture radar (SAR) images per day, creating sensible economics for widespread use. Our innovative capabilities will address unmet needs for satellite monitoring and shift spaceborne SAR away from a niche product towards an everyday utility.
The Goodwin team was led by Andrew Sparks, David Brekke, Amy Kim, Michael Homer, Ashley Shultz, JB Schiller and Lilla Lavanakul.
For more information, please read the press release.