/Companies

Hydrosat

Techstars '19

Washington, US · Founded 2017 · Delaware corporation · 115 employees on LinkedIn · 20 known investors

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Hydrosat converts satellite and ground data into actionable information for sustainable agriculture and water management. The company helps businesses optimize water use and environmental operations in farming and water-stressed regions.

Also known as Hydrosat, Inc.

Founders & leadership

Hydrosat was founded in 2017 by Pieter Fossel.

PFPieter Fossel
Pieter FosselCEO
SAScott Alan Soenen
Scott Alan SoenenExecutive
AR
Alan Royce DalbyExecutive
YJ
Yun Jin KimNamed on SEC filing
DWDr. Wim Bastiaanssen
Dr. Wim BastiaanssenProduct Ambassador, Founder of IrriWatch

Board

ARAndrew Robert Dearing
Andrew Robert DearingBoard MemberGeneral Partner at Cultivation Capital
ANAdam Niewinski
Adam NiewinskiBoard MemberCo-Founder and Managing Partner at OTB Ventures
LGLori Garver
Lori GarverBoard director
RLRyan Lars Johnson
Ryan Lars JohnsonInvestor and Board MemberProduct, Engineering Mgmt Advisor at Vocap Partners

Investors · 20

Techstarslisted by TechstarsBoulder · $220K

How we know: the Techstars portfolio · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · open dataset · 5k.vc investor directory · Not right? Tell us

Cultivation CapitalreportedSt. Louis · $100K – $3.5M

How we know: a partner's Signal profile · the VCSheet dataset · research · hydrosat.com · Not right? Tell us

SpaceFundreportedHouston

How we know: the VCSheet dataset · Not right? Tell us

Also in the syndicate · 6

Freeflow VenturesHartree PartnersleadLuxembourg Future FundSpace 4 EarthleadSubutai Capital PartnersleadSuma Capitallead

Reported raises · per SEC filings

Form D private placements

$22M disclosed across 2 of 7 rounds · 2021–2026

▶$17.9MraisedAug 2025 · 14 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Scott Alan SoenenExecutive Officer
  • Alan Royce DalbyExecutive Officer, Director
  • Andrew Robert DearingDirector
  • Pieter FosselExecutive Officer, Director
  • Lori GarverDirector
  • Adam NiewinskiDirector
  • Ryan Lars JohnsonDirector
Offering amount
$50M
Amount sold
$17.9M
First sale
Aug 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$15MofferedMay 2022 · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Adam NiewinskiDirector
  • Ryan Lars JohnsonDirector
  • Scott Alan SoenenExecutive Officer
  • Lori GarverDirector
  • Andrew Robert DearingDirector
  • Pieter FosselExecutive Officer, Director
  • Alan Royce DalbyExecutive Officer, Director
Offering amount
$15M
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$5MofferedNov 2021 · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Lori GarverDirector
  • Scott Alan SoenenExecutive Officer
  • Ryan Lars JohnsonDirector
  • Alan Royce DalbyExecutive Officer, Director
  • Pieter FosselExecutive Officer, Director
  • Andrew Robert DearingDirector
Offering amount
$5M
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$4.2MraisedJun 2021 · 12 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Pieter FosselExecutive Officer
  • Yun Jin KimExecutive Officer
  • Lori GarverDirector
  • Scott Alan SoenenExecutive Officer
  • Ryan Lars JohnsonDirector
  • Alan Royce DalbyExecutive Officer, Director
  • Andrew Robert DearingDirector
Offering amount
$5M
Amount sold
$4.2M
First sale
Apr 2021
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Sep 2026

Hydrosat is a Washington, DC- and Luxembourg-based company that builds thermal infrared imaging satellites and turns the resulting data into analytics for governments, agribusinesses, research institutions and defense and intelligence organizations. Its products combine thermal infrared satellite imagery, proprietary algorithms and AI/machine-learning models to measure land surface temperature, detect crop water stress, track drought and vegetation stress, and monitor industrial and environmental change day and night.

The company operates two thermal infrared satellites, VanZyl-1 (VZ-1) and VanZyl-2 (VZ-2), in sun-synchronous orbit at roughly 510 km altitude, with seven VNIR and two LWIR spectral bands, 30 m VNIR and 70 m LWIR ground sample distance, a 70 km field of view and overpass times around 10:30 a.m. or 1:30 p.m. A next-generation constellation, Osiris, is designed to capture visible, near-infrared and long-wave infrared imagery with 25 m thermal and coincident 10 m visible data at swaths of up to 340 km. Hydrosat also sells payload solutions, offering in-house-designed EO/IR imaging payloads, integration and test support, on-orbit calibration and validation, and an automated image processing pipeline deployable in AWS.

On the applications side, Hydrosat delivers field- and regional-level water and crop management products, including the IrriWatch solution acquired in 2023, covering field irrigation planning, water productivity and water compliance monitoring, delivered through a web portal, a mobile application and a STAC-compliant API with an accompanying Discovery Platform and documentation site. Stated use cases span agriculture, wildfire, urban heat, energy and industrial facility monitoring, aquaculture, and defense and intelligence.

Founding story

Hydrosat was founded in 2017; Pieter Fossel is CEO and co-founder.

Business model

Hydrosat is vertically integrated, designing and building its own thermal infrared payloads and satellites and monetizing the resulting imagery through data products, analytics subscriptions and platform/API access, as well as through payload and sovereign satellite mission solutions sold to government customers.

Revenue sources indicated include imagery and analytics delivered via web portal, mobile app and API; government contracts (for example NOAA and an NRO imagery agreement); multi-year monitoring contracts such as Madera County; sovereign satellite capability agreements; and payload and mission support services.

Traction

The company reports service in more than 60 countries, daily collection capacity above 10 million square kilometers, and solutions used daily on millions of hectares. Two thermal infrared satellites were launched in 2024 and 2025. Contracts and agreements include NOAA, an NRO commercial electro-optical imagery agreement, a multi-year water monitoring contract in Madera County, and sovereign thermal satellite agreements with Kazakhstan Gharysh Sapary. Twelve open positions were listed across Luxembourg, the United States and the Netherlands.

Latest developments

In January 2026 Hydrosat closed $60 million in Series B funding led by Hartree Partners, Subutai Capital Partners and Space 4 Earth, with new investor Truffle Capital and follow-on from existing backers, to scale its constellation, expand Water & Crop management products and deepen presence in Central Asia, MENA, India and Latin America. In September 2026 a $10 million Series B extension from Suma Capital was announced. Other 2026 developments include a multi-year water monitoring contract in Madera County (March), agreements with Kazakhstan Gharysh Sapary on satellite water intelligence (June) and sovereign thermal satellite capabilities for Central Asia (September), and the unveiling of the Osiris constellation (September).

▸Full profile — market position, technology, go-to-market, geography, history

Market position

Hydrosat positions itself as a leading provider of thermal infrared satellite data and AI-powered analytics, stating a daily collection capacity of more than 10 million square kilometers, which it describes as an order-of-magnitude improvement over existing commercial alternatives.

Collocated thermal, visible and near-infrared sensors on one platform; vertical integration from sensor engineering through calibration to API delivery; large daily collection capacity; and thermal detection of anomalies that can appear weeks before changes are visible to conventional sensors, including at night and through dust, fog and light vegetation. The IrriWatch acquisition adds field-tested agronomic water management expertise.

Technology

Thermal infrared satellite imaging with collocated thermal, visible and near-infrared sensors on a single platform. On-orbit satellites VZ-1 and VZ-2 fly in sun-synchronous orbit at about 510 km with 7 VNIR and 2 LWIR bands, 30 m VNIR / 70 m LWIR GSD and a 70 km field of view. The planned Osiris constellation targets 10 m VNIR and 25 m LWIR resolution with up to 340 km swath for daily global coverage. The architecture is extendable to visible, NIR, SWIR, MWIR and LWIR bands, and imagery is processed through an automated pipeline deployable in AWS and delivered via a STAC-compliant API. Analytics layer AI and machine-learning models on top of the thermal data.

Go-to-market

Direct enterprise and government sales supported by demos and a self-serve data discovery platform, complemented by partnerships and sovereign agreements. Following the Series B, the company hired sales representatives in India, Spain, the United Arab Emirates and Colombia and planned additional international offices.

Governments and civil agencies, defense and intelligence organizations, agribusinesses, growers and farmers, insurers and financial services, research institutions, and industrial and energy operators. Named customers include NOAA, the National Reconnaissance Office, Bayer, SupPlant and Nutradrip.

Geography

Offices in Washington, DC and Carlsbad, California (United States); Luxembourg; and Wageningen, the Netherlands. The company reports customers in more than 60 countries and is expanding in Central Asia, the Middle East and North Africa, India and Latin America, with sales representatives in India, Spain, the United Arab Emirates and Colombia.

History

Founded in 2017 and based in Washington, DC and Luxembourg, Hydrosat tested a first-generation thermal infrared imager on a stratospheric balloon in 2021 and raised a $10 million seed round that November, bringing funding to $15 million at the time. In April 2023 it announced $20 million in investment and grants, acquired IrriWatch in June 2023, awarded a satellite contract to Muon Space in November 2023, and signed an NRO commercial imagery agreement in December 2023. It won a NOAA contract in April 2024 and launched its first thermal infrared sensor in 2024, followed by the VanZyl-2 mission on Muon Space's Halo platform in June 2025. A $60 million Series B closed in January 2026, followed by a $10 million extension from Suma Capital announced in September 2026, and the Osiris constellation was unveiled in September 2026.

Compiled by commissioned research from 10 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Countries servedJan 202660
Daily imagery collection capacityJan 202610,000,000 sq km per day
Funding raised to dateNov 2021$15M
Open positions listedJan 202612 jobs
Satellites in orbitJan 20262 thermal infrared satellites
Years of research and field testingJan 202630 years

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Related companies · 3

Companies working in the same space as Hydrosat.

Non-dilutive funding · 5 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Oceanic and Atmospheric Administration (NOAA)National Oceanic and Atmospheric AdministrationPhase I2023$175K
U.S. Air ForceAir ForcePhase I2023$74.7K
U.S. Air ForceAir ForcePhase II2022$1.2M
U.S. Air ForceAir ForcePhase II2019$748.5K
U.S. Air ForceAir ForcePhase I2019$50K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Timeline · 16

launches, deals, and filings
Sep 2026
Suma Capital invests $10 million via Series B extension

Suma Capital joins Hydrosat's shareholder base through an extension of the Series B financing.

$10M source ↗

Sep 2026
Hydrosat unveils Osiris constellation

source ↗

Sep 2026
Hydrosat and Kazakhstan Gharysh Sapary sign agreement to advance sovereign thermal satellite capabilities for Central Asia

source ↗

Jun 2026
Hydrosat and Kazakhstan Gharysh Sapary sign agreement for satellite water intelligence

source ↗

Mar 2026
Hydrosat secures multi-year water monitoring contract in Madera County

source ↗

Jan 2026
Hydrosat closes $60 million Series B

Round led by Hartree Partners, Subutai Capital Partners and Space 4 Earth, with new investment from Truffle Capital and follow-on from Luxembourg Future Fund, OTB Ventures, Blue Bear Capital, Statkraft Ventures, Cultivation Capital and Santa Barbara Venture Partners.

$60M source ↗

Jun 2025
Muon Space launches Hydrosat's VanZyl-2 mission on its Halo spacecraft platform

source ↗

Sep 2024
Hydrosat extends reach in Latin America

source ↗

Jun 2024
Hydrosat to launch its first thermal infrared sensor

source ↗

May 2024
Idris Habbassi named Director of Marketing

source ↗

Apr 2024
Hydrosat wins NOAA contract

source ↗

Dec 2023
NRO signs agreements with five commercial suppliers of electro-optical imagery, including Hydrosat

source ↗

Nov 2023
Hydrosat awards satellite contract to Muon Space

source ↗

Jun 2023
Hydrosat acquires IrriWatch

source ↗

Apr 2023
Hydrosat collects $20 million in investment and grants

$20M source ↗

Nov 2021
Hydrosat raises $10 million seed round led by OTB Ventures

Seed round led by OTB Ventures with Freeflow Ventures, Cultivation Capital, Santa Barbara Venture Partners and Expon Capital; company reported $15 million raised to date.

$10M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
HydrosatDelaware

▸Research sources · 10

primary sources listed

10 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Hydrosat do?
Hydrosat operates thermal infrared satellites and analytics for water, agriculture and national security monitoring.
Who founded Hydrosat?
Hydrosat was founded by Pieter Fossel in 2017.
Who are Hydrosat's investors?
Hydrosat's investors include Blue Bear Capital Partners, Expon Capital, FREEFLOW, Hemisphere Ventures LLC, Industrious Ventures, Nextwave [X] Partners, OTB Ventures, Techstars and 6 more.
How much funding has Hydrosat raised?
Hydrosat has disclosed $22M raised across 2 of its 7 known rounds.
Where is Hydrosat headquartered?
Hydrosat is headquartered in Washington, US.