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Today: May 21, 2024
January 24, 2024
1 min read

Breaking Ground: Booz Allen Ventures Takes a Giant Leap

Booz Allen Ventures, the venture capital arm of Booz Allen, has made its first investment in a space startup. The firm invested in remote-sensing startup Albedo, which recently raised $35 million to build and launch ultra-high resolution Earth imaging satellites. Booz Allen sees the potential for Albedo’s technology to transform intelligence gathering and intends to work with the company to bring its technology to defense, intelligence, and civilian applications. Albedo’s satellites have the potential to provide persistent overhead surveillance, offering a more comprehensive and accurate view than current technologies.

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