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Kayhan Space, a space traffic analytics business, has raised $3.7 million in venture funding

Founded in Boulder, Colorado, Kayhan Space reported on December 14 that it has raised $3.75 million in a seed fundraising round from a number of investors. For low-Earth-orbit satellite operators, the business created a cloud-centered collision-avoidance software solution. Root Ventures and Initialized Capital led the investment, with Overline Venture Capital as well as Jacob Helberg, who works at the Stanford University’s Center on the Geopolitics and Technology as a senior adviser, also participating.

Kayhan Pathfinder, the company’s space situational awareness (SSA) and collision avoidance technology, is available as a subscription-centered software as a service. This analytics platform takes data from the public space catalog of the United States Space Command, the commercial data suppliers, and satellite operators’ GPS positioning signals, and utilizes artificial intelligence algorithms to be able to simulate scenarios and create maneuver initiatives for operators to avert collisions.

Siamak Hesar, Kayhan’s Chief Executive Officer and co-founder, previously worked for NASA as an SSA specialist. In an interview, he stated the company’s collision-avoidance technology is launching at a critical time when the space is becoming increasingly congested and satellite operators require precise data and quick alarms to avoid any collisions.

There are systems in place today to monitor space travel, but they rely on manual processes that are vulnerable to human mistakes, according to Hesar. Commercial satellite operators are rapidly expanding and require more advanced technologies to assure flight safety, according to him.

Because there are far more junk objects than living satellites, most conjunctions — or even potential crash events — occur between working satellites and debris objects nowadays, according to Hesar. “You will have a lot of circumstances where you get operational satellite events,” he says, referring to corporations’ plans to build megaconstellations comprising thousands of satellites. This necessitates the use of an automated system to manage and coordinate maneuvers.”

“All of our work is dual-use,” Araz Feyzi, the Kayhan co-founder explained. “Going future, we’ve decided to focus equally on commercial and government business.” Most satellite operators have in-house monitoring capabilities, but due to increased congestion, they are considering hiring outside services, according to Hesar.

“This is a once-in-a-lifetime opportunity in the space sector,” he remarked. “You have such a lot of new businesses that don’t have all of the resources.” They do the arithmetic and conclude that investing in a third-party capacity that specializes in this area would be a good idea.” “We expect that shift will continue to occur as space becomes more congested,” he said.

Hesar stated the company has 4 commercial customers right now, but he couldn’t name them. The United States Air Force has awarded the organization a Small Business Innovation Research deal to model the effect of drag on the validity of collision risk estimates.

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