Irish space tech firm Ubotica raises $11M to scale real-time maritime intelligence from orbit
By
Ronan Leonard
Summary
Irish space technology firm Ubotica Technologies has raised $11 million in a funding round led by Act Venture Capital and Greencode Ventures, with participation from Atlantic Bridge. The company plans to use the investment to scale its Orbital AI platform, which delivers real-time maritime intelligence by processing satellite data directly in orbit, enabling faster decision-making for maritime security applications.
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Key quotes
· 2 pulledUbotica Technologies, the Irish space technology firm pioneering Orbital AI, has announced an $11 million funding round to accelerate deployment of its AI-powered intelligence platform, a breakthrough maritime security service powered by real-time decision-making satellites in the Earth's orbit.
The round was led by Act Venture Capital and Greencode Ventures, with participation from existing investor Atlantic Bridge.
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