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August 9, 2023

Krakow's Satim Secures $2 Million to Propel SAR Imaging Breakthroughs

Satim Rockets With $2M to Supercharge SAR New Power Allowing Imagery For Defense, Government, And Seas

In the ever-evolving realm of satellite technology, a Krakow-based startup, Satim, has unfurled its wings with an ambitious mission: to harness the power of automatic object detection and classification using synthetic aperture radar (SAR) imagery. Satim has become a rising star in the satellite imaging arena, who has recently secured a substantial $2 million investment.

Standing as a testament to Krakow's burgeoning tech scene, Satim has set its sights on transforming intricate SAR data into actionable insights that transcend traditional boundaries. With their laser focus on achieving this feat, they are gearing up to change the military, government, and commercial maritime sectors. The stage is set, and the stakes are high, as Satim envisions a future where SAR-based capabilities reshape how we perceive and interact with our surroundings.

In a resounding vote of confidence, the latest funding round for Satim was championed by Cultivation Capital, a seasoned investor with expertise in geospatial technology. This infusion of $2 million serves as a financial nod to Satim's disruptive potential and underscores the significance of their SAR-based solutions. Notably, Satim's journey has been paved with support from a cohort of forward-thinking investors, including Verissimo Ventures, The Flying Object, Everywhere Ventures, Hustle Fund, StartupIst Ventures, and an undisclosed investor hailing from Eastern Europe.

Embracing this transformative momentum, Satim's CEO, Jacek Strzelczyk, expressed his elation at the backing of an exceptional lineup of investors. "I am thrilled and grateful to have the backing of such exceptional investors in our latest funding round," Strzelczyk noted. The substantial influx of funds not only validates Satim's trajectory but also positions them to spearhead advancements in SAR-powered object detection and classification solutions. As Satim charts its course forward, its commitment to remaining at the forefront of the market shines as a potential for innovation.

The curtains rise on Satim's tech-driven journey fueled by the fusion of SAR imaging and boundless ambition. With $2 million of fresh capital pulsating through its veins, Satim is poised to unleash a new era of insights and possibilities. As the Krakow-based startup embarks on this transformative path, the convergence of technology and vision promises a future where SAR imagery illuminates the unseen and reshapes industries that have long stood on the cusp of innovation.

Neil Hodgson-Coyle
Neil Hodgson-Coyle
Editorial chief at TechNews180
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