Space debris tracker LeoLabs raises $65 million as satellites launch to orbit at unprecedented rate

LeoLabs, a private venture that tracks objects and debris in low Earth orbit through a network of radars around the world, raised $65 million in capital in a new fundraising round, the company announced on Tuesday. “It’s a great endorsement of our success to date and where we’re headed,” LeoLabs CEO Dan Ceperley told CNBC. “We’re the largest data provider for [low Earth orbit] in the world now … we’ve stepped beyond anybody in the public or private [sectors].”

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