Umbra can solve Maxar’s biggest problem: clouds and darkness.This partnership gives Umbra clear validation, cementing Umbra as a serious player in the market. Tony Frazier, EVP of Maxar Earth intelligence, told SpaceNews “Maxar has agreements with third-party SAR providers, but it chose Umbra for a dedicated partnership because the company’s high-resolution SAR better complements Maxar. Maxar’s Ypsilanti-based radar group has been working on advanced SAR programs for decades, giving Maxar an unrivaled level of expertise and insight into the industry. Maxar, with a long-standing presence in the industry is widely regarded as a leading player in the sector. Maxar, was the only profitable publicly traded EO company before being acquired by Advent at a 129% premium to its share price. Understanding Why Umbra Space is Different Gabe Dominocielo, co-founder and President is a lifelong entrepreneur with an unreasonable obsession with unit economics and free cash flow. David Langan, Umbra’s CEO, spent nearly a decade architecting advanced space missions, later inventing Umbras core technology. Umbra’s founders are lifelong friends who grew up in Santa Barbara, CA. It’s not that Umbra can sell “Highest resolution ever offered.” It’s the amount of data Umbra can sell at that resolution “Each satellite captures up to 15x more daily images than the competition” this increase in imaging capacity comes from a larger field of regard and Umbra’s patented technology. A reminder that sometimes, the most revolutionary ideas are the ones that seem too good to be true. Umbra kept their promises about everything. Now, the industry must face a very scary and difficult reality. Investors often lumped Umbra together with other SAR startups, believing that they lacked unique technology in a crowded hyped market. We were not alone in our skepticism, dismissing Umbra’s claims as startup exaggerations, while some radar experts flat-out denied that their capabilities were possible. In 2020, we stopped writing stories on Umbra because we believed their technology was too good to be true. Umbra, which was initially dismissed by analysts and experts alike, has stunned the industry with its unique customer-focused business model, seemingly unparalleled satellite performance, and multi-year financial commitment from Maxar for detected capacity. Umbra Space recently made some big announcements after being fairly quiet for the last several years.
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