Booz Allen invests in Albedo to develop satellites for VLEO

Booz Allen Hamilton announced that its corporate venture capital arm, Booz Allen Ventures has made a strategic investment in Albedo, the first company to operate satellites in very low earth orbit VLEO , which enables them to offer ultra-high resolution commercial imagery from space. This investment supports Albedo’s operational constellation deployment and is aligned to Booz Allen’s efforts to accelerate U.S. space capabilities with the power of data. “This is one of the most forward-looking space investments Booz Allen has ever made and comes at a critical juncture when space capabilities are needed to solve our nation’s greatest challenges-geopolitical competition, regional instability, catastrophic climate change, and more,” said Chris Bogdan, executive vice president at Booz Allen and leader of the firm’s Space business. “The level of detail that can be captured by Albedo’s low-flying satellites-fusing both optical and infrared sensor data-is unprecedented in the commercial market. It represents a significant leap in satellite earth imaging so our clients have access to timely, highly accurate, global intelligence to then speed and improve their decision making.” This is the first space-specific investment made by Booz Allen Ventures, and is aligned with the fund’s focus on providing leading-edge, innovative technologies to those who need it most-and fast-with emphasis on dual-use commercial technology solutions.