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OroraTech Secures €25 Million to Expand Wildfire Detection Satellite Network

The Munich-based startup aims to enhance its AI-powered system and launch new satellites to improve wildfire monitoring globally.

  • OroraTech plans to launch two clusters of eight satellites each in 2025, expanding its current network of two satellites to better detect wildfires.
  • The €25 million Series B funding round was led by Korys, the European Circular Bioeconomy Fund, and Bayern Kapital.
  • The startup uses AI and thermal data from over 25 satellites to predict and monitor wildfire risks, offering real-time insights to clients.
  • OroraTech has secured a €20 million contract with Greece, in partnership with the European Space Agency, to build a national wildfire detection system.
  • The company intends to use the funding to enhance its data modeling, expand in North America, and develop its orbital sensor network.
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