NEWS
Funding to revolutionize remote sensing and global perception
The startup has secured $ 12 million in seed funding led by Lowercarbon Capital , with participation from Toyota Ventures , Pear , Mark Cuban and E2MC .
The funding will accelerate the development of Matter ’ s sensing infrastructure .
“ Matter is pushing the boundaries of what ’ s possible in Earth observation ,” said Co-founder and CEO Vishnu Sridhar .
Matter Intelligence , a California-based remote sensing startup , has emerged from stealth , unveiling its plans to launch space sensors capable of capturing never-before-seen data about all matter on Earth , from surface to atmosphere .
Matter specializes in advancing sensor infrastructure that captures incredibly detailed , beyond-visible data of both natural and artificial materials – creating the most comprehensive “ extreme resolution ” Earth observation dataset ever compiled .
This data will power industries and helps AI models better understand and predict real-world events like never before .
“ We are developing sensors that allow us to understand material makeup at the molecular level – capturing composition , temperature and structure from orbit with sub-meter precision . This is a game changer for industries that rely on detailed , real-time data to make critical decisions .”
Matter ’ s sensors use hyperspectral imaging , a method that captures thousands of narrow spectral bands of light to distinguish unique material properties . This allows Matter to detect and classify objects and materials that are invisible to traditional optical , radar or multispectral sensors . Matter ’ s sensors , designed for deployment on satellites , drones and aircraft , will offer the world ’ s first sub-meter hyperspectral and thermal satellite capability .
BCE to acquire Ziply Fiber – accelerating its fibre growth strategy across North America
BCE Inc ( BCE ), Canada ’ s largest communications company , has confirmed its wholly owned subsidiary , Bell Canada ( Bell ), has entered into a definitive agreement to acquire Ziply Fiber – the leading fibre Internet provider in the Pacific Northwest of the United States .
The acquisition gives Bell a foothold in the large , underpenetrated US fibre market , while increasing its scale , diversifying its operating footprint and unlocking significant growth opportunities .
Mirko Bibic , President & CEO , BCE and Bell Canada , said : “ This acquisition marks a bold milestone in Bell ’ s history as we lean into our fibre expertise and expand our reach beyond our Canadian borders .”
Ziply Fiber ’ s focus on network technology and innovation has resulted in steady expansion of its footprint since 2020 , with over 1.3 million fibre locations across four US states and plans to reach more than three million locations in the next four years .
With the acquisition , Bell will be poised to expand its fibre footprint to over 12 million locations across North America by the end of 2028 , reinforcing its position as the third-largest fibre Internet provider in North America .
“ Bell ’ s leadership and vision aligns perfectly with our commitment to improve the connected experiences of our communities through fast , reliable fiber Internet and a refreshingly great experience . This acquisition enhances our growth strategy with the scale and experience of one of North America ’ s leading fiber operators ,” said Harold Zeitz , CEO , Ziply Fiber .
8 INTELLIGENTCIO NORTH AMERICA www . intelligentcio . com