Big Red Ventures (BRV), Cornell’s early-stage venture capital fund, is excited to announce its investment in ScoutSpace (SCOUT), a satellite services firm changing the way we think about space safety and sustainability, marking BRV’s second investment of 2022-23.

“We want to thank BRV for the incredible opportunity to work with SCOUT.” said Vladimir Baranov, SCOUT Chief Operating Officer. “We appreciate the breadth of due diligence and quickness of the follow-up throughout the whole process.”

Co-founded in 2019 by entrepreneurs and innovation researchers Eric Ingram and Sergio Galluci, SCOUT is on a mission to usher in a new era of space safety and transparency. SCOUT’s in-space products and services, first launched in 2021, allow spacecraft to see and understand the environment around them. Their orbital distributed sensor network will significantly improve Space Domain Awareness (SDA) and ensure responsible use of space. 

“We are thrilled to be joining SCOUT on this journey to enhance Space Domain Awareness,” said Sarah Landes, BRV Fund Manager. “SCOUT is taking advantage of the rapidly increasing utilization of space and the imperative to ‘See Anything in Space, From Space.’ Their solutions will offer valuable insights into gaps and blind spots among space assets, and we eagerly anticipate supporting the team as they continue to achieve future milestones.”

Since 2019, SCOUT has grown rapidly, expanding their team and working with leading satellite operators and aerospace companies to continue to develop solutions for space debris mitigation. They plan to use funds from this investment for product development and hiring engineering and business development team members.