Munich-based Earth observation data provider Constellr announced on 10 February that it has closed a €37 million Series A funding round, bringing its total funding raised to date to €75 million. The Series A round was led by Alpine Space Ventures and Lakestar, both venture capital firms.
Founded in 2020, Constellr provides thermal Earth observation data through its HiVE microsatellite constellation. The company currently has two operational satellites, SkyBee-1 and SkyBee-2, launched aboard SpaceX Falcon 9 Transporter missions in January and June 2025.
While the company initially envisioned offering “scalable high-precision smart farming services” to the agricultural sector, after securing its Series A funding round, Constellr is now set to focus on defence applications. With its 10 February announcement, the company said the funding would be used to advance its system to “defence-grade status,” including the development of next-generation platforms with sub-5-metre resolution (an improvement from its current 30 m native resolution), enabling it to offer sovereign intelligence, surveillance, and reconnaissance (ISR) services to governments, military customers, and security agencies.
“Sovereign resilience requires understanding real activity on the ground, not just seeing objects,” said Constellr CEO Dr. Max Gulde. “Thermal intelligence provides the earliest and most reliable signal of operational change, from detecting rocket and airbase activity to identifying active reactors and hidden industrial operations. Europe must own this capability.”
The German Earth observation data provider’s increased focus on defence applications comes at a time when the country’s armed forces have committed to investing €35 billion in space-related defence projects by 2030. One of the first major contracts announced under this commitment was a €1.7 billion award to Rheinmetall and ICEYE in December 2025 for space-based reconnaissance using the partnership’s synthetic aperture radar (SAR) satellite constellation. The deal underscores the scale of opportunities available to companies tapped by Germany’s defence forces to develop new space capabilities.
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