# SI Imaging Services Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/si-imaging-services-co

- Industry: Aerospace
- Headquarters: Daejeon-City, South Korea
- Website: www.si-imaging.com
- Total disclosed funding: $1.7M
- Latest round: Series A (Nov 28, 2019)
- Investors on record: 1

## About

Based in Daejeon, South Korea, and founded in 2014, SI Imaging Services, a subsidiary of Satrec Initiative Co., Ltd., operates a web platform services company that commercially distributes satellite images taken by the Arirang Satellite in Korea. In November 2019, the firm raised KRW 2 billion in series A funding led by investor Medici Investment. The firm as of August 2023, has 2 offices in Daejeon, Korea.

The company operates as a commercial supplier of advanced satellite imagery and KOMPSAT (Korean Multipurpose Satellite) data, specializing in earth observation solutions, developed by KARI (Korea Aerospace Research Institute). The firm facilitates a diverse application in a range of markets including mapping and infrastructure, oil and gas facilities, agriculture, forestry and environment, maritime, disaster monitoring, and defense and military sectors. SI Imaging’s Direct Receiving System (DRS) enables fast acquisition, processing, and distribution of satellite imagery data, tailored to customer requirements, for precise insights and analysis. The firm is also developing a commercial satellite, SpaceEye-T, with an ultra-high resolution of 0.3 meters, and a KOMPSAT-5 SAR (synthetic aperture radar) satellite which will offer images in day and night both with a resolution of up to 0.85 meters. Additionally, the firm also collaborates with GHGSat to supply methane emission data, contributing to environmental monitoring.


The company as of August 2023, plans to launch its new satellite SpaceEye-T, which will provide images with a resolution of 30 cm to meet the diverse customer needs, by August 2024.

## Funding rounds

- Series A, Nov 28, 2019, $1.7M — Medici Investment

## Investors

- Medici Investment (https://capitalatlas.ai/funds/medici-investment) — Series A