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Bloomberg Tech
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Funding the Future: Loft Orbital's Satellite Ambitions
This chapter discusses Loft Orbital's announcement of $170 million in funding aimed at enhancing satellite deployment and operational capabilities. It explores the company's strategy to launch over 30 satellites for key clients, including NASA and the European Space Agency, while addressing the challenges of the space industry. Additionally, the chapter highlights the intersection of AI technology with satellite applications, revealing the broader implications for connectivity and national security.
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