Austin and El Segundo-based Slingshot Aerospace was born out of a realization that while there is a massive amount of information collected by observation technology aboard satellites, airplanes, drones and beyond, the analytics and turnaround of said info into something actionable often took a long time – sometimes crucial insights that would've been valuable in the moment for Air Force pilots, for instance, would be processed and returned long after they were actually in the air and on a mission. Slingshot was founded three years ago to help turn Earth and space-based observation data into something useful when it's needed, and now the startup has raised an $8 million Series A to grow its team and expand its focus to new industries beyond the aerospace and defense customers it currently serves.
from Yahoo Tech https://ift.tt/2HAWwE9
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