5 VLEO Technology Stocks and Startups to Watch

3. Albedo Space

Latest Valuation/Funding Estimate: $58 million

Albedo Space is based in Denver, Colorado. The firm is developing advanced Earth imaging satellites that will also be capable of thermal imaging to serve the needs of a variety of industries such as agriculture and national security. The satellites will fly in the VLEO and be capable of 10 centimeters of resolution per pixel. Albedo completed a breakthrough $48 million funding round in September 2022 that saw the firm garner interest from a variety of ventures such as Bill Gates’s Breakthrough Energy Ventures.