Planetary Resources Raises $21Million

Planetary Resources, a company specialized in the earth observation business announced that it has raised $21M from investors such as Tencent and Google co-founder Larry Page.

The company leverages its Ceres system, a constellation of satellites equipped with infrared and hyperspectral imaging capabilities, to provide real-time, intelligent and useful data to industries such as agriculture, gas & oil. The company will launch its Arkyd 6 satellite on a SpaceX Falcon rocket.