PARIS — Patent-mining investment company Allied Minds’ $3.2-million investment creating satellite data-analytics company Spark Insights will be its last new-company investment for awhile as it focuses on reducing costs and building its eight technology startups.
Allied Minds has large equity stakes in four of what it calls Space 2.0-sector companies: optical communications developer BridgeSat, space-based radio-frequency mapping and surveillance operator Hawkeye 360, satellite hyperspectral-imaging asset-monitoring service provider Orbital Sidekick, and Spark Insights.
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