5 VLEO Technology Stocks and Startups to Watch

4. Earth Observant

Latest Valuation/Funding Estimate: $11 million

Earth Observant is an American company based in Louisville, Colorado. The firm is seeking to use the benefits of VLEO orbits to develop imaging spacecraft. Its satellites are designed to stay in orbit for five years, run imaging computations onboard, and use a propulsion system developed in partnership with the Air Force. Earth Observant is also relatively further ahead in the development cycle compared to other firms on our list as it has signed an agreement with SpaceX to launch its VLEO Stingray satellites starting as soon as in 2024. The Stingray satellite constellation will be made of sixty spacecraft, and the first six are planned for launch next year.