Trinity Capital, an alternative asset manager, committed $60 million in financing to EarthDaily Analytics, a provider of end-to-end Earth observation solutions.
“EarthDaily is accelerating the next era of Earth observation technology,” Ryan Little, senior managing director of equipment finance at Trinity Capital, said. “We are proud to partner with their team as they work to redefine how we understand our planet.”
This new financing will help fuel EarthDaily’s operations and complete deployment of its global satellite fleet.
“We’re excited to add another high-quality capital partner and incredibly thankful to Trinity Capital for backing our vision,” Don Osborne, CEO of EarthDaily Analytics, said. “With this financing, we’ve now secured what’s needed to fully deploy the EarthDaily Constellation. Built to be the most advanced system for broad-area change detection, this capability will set a new standard for how the world monitors and understands our planet.”
