EllipSpace

EllipSpace is focused on the development and operation of its "Starpool" satellite constellation, a network of over 100 satellites intended to be fully constructed by 2027. This project aims to deliver a suite of integrated services, including real-time remote sensing with 10-minute resolution, two-way satellite Internet of Things (IoT) communication, and centimeter-level navigation enhancements. The company launched its first satellites in 2023 and planned to launch eight more in 2024. Each satellite is designed to weigh approximately 300 kilograms with an operational lifespan of seven years, featuring a unique orbital position control system and solar arrays for continuous power.

The company's business model revolves around providing comprehensive perception services and multi-dimensional space-time information. Revenue is generated by offering concurrent interconnection for wide-area terminals, responsive remote sensing services, and on-satellite big data computing. EllipSpace serves various industries by providing standardized data products from remote sensing, sensor monitoring, and location information. Its target markets include smart agriculture, smart ocean, and smart forestry, with demonstrated applications in the electric power sector. The company operates through several platforms, including an air-space-sea integration system and an instant wide-area integrated sensing cloud platform. To date, EllipSpace has raised at least $29.8M in funding through multiple rounds, including a Series B in January 2025.