QPS Research Institute Secures $7.6m in Funding for Expansion of Small SAR Satellite Constellation
On March 9, QPS Research Institute announced it had raised approximately $7.6 million through third-party allotments, bolstering its efforts to build a constellation of small synthetic aperture radar (SAR) satellites.
Backing the project are four prominent underwriters: MSIVC2021V Investment Business Limited Liability Union, operated by SKY Perfect JSAT, Nippon Koei, and Mitsui Sumitomo Insurance Capital, along with Real Tech Growth Fund No. 1 Investment Business Limited Liability Union, jointly managed by NAMY and Ibis Capital Partners. The latest funding round brings the total. . .
