NorthStar plans constellation expansion with PIPE financing proceeds
NSTR•NorthStar Earth & Space plans to use $30 million in PIPE proceeds to expand its Skylark constellation. Fiscal 2026 revenue guidance remains C$41 million ($30 million).
1. Expansion plans
NorthStar Earth & Space plans to use $30 million in PIPE proceeds to expand its Skylark constellation, with management focused on expanding its customer base and driving revenue growth. Fiscal 2026 revenue guidance remains C$41 million ($30 million).
2. Sensor deployment
Deployment plans include placing optical space domain awareness sensors on Kepler Communications’ optical data relay satellites. Up to C$2 million in NRC IRAP funding will support development of modular, advanced-aperture sensor technology.
