Near Space Labs bags $20 Million in Series B.

High-resolution, High-frequency imagery company Near Space Labs bags $20 Million in Series B led by Bold Capital Partners and others to expand Imagery across the US. The company is building an aircraft called Swift that relies on Helium & Air Current to move around and take images from the stratosphere.

Co-founded by Space & Physics enthusiasts Rema Matevosyan(CEO), Ignasi Lluch(CTO), & Albert Caubet(Chief Engineer), their biggest use case is in the insurance industry with future potential in industries like defense & agriculture. The company is yet to pursue any use cases outside the commercial use.