Fundraising Fox

PlanetiQ

Founded 2015 Β· 32 employees on LinkedIn Β· 11 known investors

PlanetiQ provides satellite-based GNSS radio occultation data for weather forecasting, climate monitoring, and space weather prediction. The company delivers high-quality atmospheric measurements by processing signals from global navigation satellite systems.

Also known as PlanetIQ

Founders & leadership

PlanetiQ was founded in 2015 by Chris McCormick.

CM
Chris McCormickinFounder, President and Chairman
ISIra Scharf
Ira ScharfinChief Executive Officer
DK
Dr. KursinskiChief Scientist

Investors Β· 11

Also in the syndicate Β· 3

Earth InvestmentsHemisphere VenturesVirginia Tech Carilion Innovation Fund

Company profile

researched Aug 2026

PlanetiQ is a commercial weather and space weather data company that operates low Earth orbit satellites carrying GNSS radio occultation (GNSS-RO) sensors. GNSS-RO measures the bending of signals transmitted by navigation satellites in medium Earth orbit as they pass through Earth's atmosphere; from the derived bending angle the company computes atmospheric density and, from it, profiles of temperature, pressure, humidity and electron density from near the surface to the top of the atmosphere. The technique penetrates clouds and storms and provides global coverage, including over oceans and other regions with few conventional observations.

The company sells neutral-atmosphere and ionosphere GNSS-RO data products, Total Electron Content (TEC) tracks, radio-frequency sensing capabilities and AI-derived insights. Applications described by the company span weather forecasting and atmospheric research, numerical weather prediction and AI forecast model inputs, space weather monitoring, defense and national security, aviation routing and safety, energy and utility demand and generation forecasting, commodities trading, agriculture, and insurance underwriting, catastrophe modeling and claims verification. Its constellation is also used to detect and geolocate GNSS jamming, spoofing and other signal interference.

PlanetiQ states it has designed and launched five satellites, of which three remain operational in low Earth orbit, and reports plans to expand the constellation. In 2026 it announced completion of manufacturing and testing for next-generation GNOMES satellites ahead of a planned launch later that year.

Founding story

Founder and chairman Chris McCormick has said he founded PlanetiQ because radio occultation is one of the few technologies he has worked with that tangibly improves the human condition.

Business model

PlanetiQ builds and operates its own satellites and sells the resulting atmospheric, ionospheric and RF data products, along with derived insights, under contracts and data-purchase agreements with government agencies and commercial customers.

Revenue comes from data purchase and development contracts, including NOAA Commercial Data Program awards ($24.3 million under RODB-2 in September 2025 and a $2.73 million RODB-2 Delivery Order 6 award in August 2026), a $15 million U.S. Air Force STRATFI contract, a NASA Commercial Smallsat Data Acquisition Program contract, and earlier NOAA commercial weather data pilot work.

Traction

PlanetiQ has launched five satellites, three of which remain operational, and delivers thousands of GNSS-RO profiles daily. Its September 2025 NOAA contract commits it to 7,000 GNSS-RO profiles per day including 500 enhanced high-SNR profiles, plus 2,500 low-latency TEC tracks daily, more than a threefold increase over its prior NOAA award of 2,200 profiles per day. Additional awards include a $15 million U.S. Air Force STRATFI contract (April 2026), a NASA CSDA contract for polarimetric RO data (June 2026), and a $2.73 million NOAA RODB-2 Delivery Order 6 award (August 2026).

Latest developments

In September 2025 NOAA awarded PlanetiQ a $24.3 million RODB-2 contract, its largest commercial satellite weather data purchase. In January 2026 NASA's CSDA program completed a one-year independent evaluation rating PlanetiQ's radio occultation data "best-in-class." In April 2026 the company received a $15 million, 48-month U.S. Air Force STRATFI contract to develop and launch spacecraft with next-generation instruments for terrestrial and space weather data. In June 2026 NASA awarded a contract under the Commercial Smallsat Data Acquisition Program to expand researcher access to polarimetric GNSS-RO data. In August 2026 the company reported completing manufacturing and testing of its next-generation GNOMES satellites ahead of launch later that year, was awarded a $2.73 million NOAA RODB-2 Delivery Order 6 contract, and announced lead industry sponsorship of the IROWG 2026 symposium in Austria.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

PlanetiQ positions itself as a leading commercial provider of GNSS-RO data, citing NOAA's largest-ever commercial satellite weather data purchase and a NASA CSDA one-year independent evaluation that rated its radio occultation data "best-in-class." It competes with other commercial RO providers; SpaceNews identified Spire and GeoOptics as competitors that also received NOAA pilot contracts. Government RO sources include the U.S.-Taiwan COSMIC-1 and COSMIC-2 missions, the latter scaled back in part to fund commercial RO providers.

The company differentiates on sensor performance: a NASA-heritage fourth-generation receiver said to deliver the market's highest signal-to-noise ratio and highest temporal and spatial resolution, multi-constellation reception producing more than twice the data of other in-orbit compact sensors, measurements extending to the lowest atmospheric layers, and enhanced high-SNR profiles it describes as seven times the SNR of other commercial providers.

Technology

PlanetiQ's satellites carry the fourth-generation "Pyxis" radio occultation sensor, built on NASA heritage. The company states Pyxis is smaller, lighter and more power-efficient than prior generations while offering nearly three times the data collection capability by receiving signals from GPS, GLONASS, Galileo and BeiDou, and that it routinely probes the lowest atmospheric layers where severe weather occurs. The company claims the highest signal-to-noise ratio and highest temporal and spatial resolution among GNSS-RO providers, including enhanced high-SNR profiles it describes as over seven times higher quality than other commercial providers' profiles. Satellites operate from roughly 650-kilometer low Earth orbit; after design iterations from an original spacecraft over 120 kilograms and a sub-20-kilogram 2015 design with Blue Canyon Technologies, the company settled on a proprietary-bus microsatellite slightly above 30 kilograms. Ground links use KSAT and Atlas Space Operations ground stations. The company also offers linearly polarized GNSS-RO (PRO) measurements for characterizing precipitation.

Go-to-market

The company sells directly through government data-buy programs and contracts (NOAA Commercial Data Program, NASA CSDA, U.S. Air Force STRATFI) and to industry customers, supported by scientific publication, conference participation (American Meteorological Society annual meeting), webinars, white papers, and lead industry sponsorship of the 2026 IROWG symposium.

U.S. government agencies including NOAA, NASA, the U.S. Air Force, Navy and Space Force; international government weather agencies; and commercial sectors including energy and utilities, aviation, commodities trading and agriculture, and insurance.

Geography

PlanetiQ is based in Colorado, described as Denver-based at the time of its Series B and issuing press releases from Golden, Colorado. Its data coverage is global, and it serves U.S. federal agencies as well as international government weather agencies.

History

The company was founded by Chris McCormick, who serves as founder and chairman. It initially planned to launch 12 small satellites in 2016 and 2017, but capital took longer than expected to raise, delaying the program. After redesigning the spacecraft β€” from over 120 kilograms originally, to under 20 kilograms in 2015 with manufacturing partner Blue Canyon Technologies, and finally to a proprietary-bus microsat slightly over 30 kilograms β€” the constellation plan was expanded from 12 to 20 satellites. A $18.7 million Series B completed in July 2019 restarted the program, with the first two satellites slated to launch on separate PSLV missions from India in January 2020 and 18 more through 2020-2021. Ira Scharf later became chief executive officer.

Risks & controversies

The satellite program experienced multi-year delays: initial plans to launch 12 satellites in 2016-2017 slipped because funding took longer than expected to materialize, and the spacecraft went through several design changes, including a period when the satellites became too small to achieve the desired signal-to-noise ratio. Of five satellites launched, two are no longer operational. Revenue is concentrated in U.S. government data-purchase and development contracts.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Enhanced high-SNR profiles per day under NOAA RODB-2 contractSep 2025500 profiles/day
GNSS-RO profiles delivered per day under NOAA RODB-2 contractSep 20257,000 profiles/day
Low-latency TEC tracks per day under NOAA RODB-2 contractSep 20252,500 tracks/day
Operating orbit altitudeJul 2019650 kilometers
Planned constellation sizeJul 201920 satellites
Profiles per day under prior NOAA awardSep 20252,200 profiles/day
Satellite massJul 201930 kilograms (slightly more than)
Satellites launchedJan 20265 satellites
Satellites operational in low Earth orbitJan 20263 satellites
Team sizeJul 201917 people
Total funding raisedJul 2019$23.9M

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

Founder mafia

2 people who came through PlanetiQ went on to found or lead other companies.

Non-dilutive funding Β· 3 SBIR/STTR awards

Federal grants β€” no equity taken
AgencyPhaseYearAmount
U.S. Air ForceAir ForcePhase I2023$75K
U.S. Air ForceAir ForcePhase I2021$50K
U.S. Air ForceAir ForcePhase I2019$48.2K

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

Timeline Β· 9

launches, deals, and filings
Aug 2026
Lead industry sponsorship of IROWG 2026 symposium

PlanetiQ announced lead industry sponsorship and participation in the 11th Workshop of the International Radio Occultation Working Group, held September 10-16, 2026 at Seggau Castle, Austria.

source β†—

Aug 2026
PlanetiQ awarded $2.73 million NOAA contract for GNSS-RO and TEC data

NOAA NESDIS Commercial Data Program awarded PlanetiQ a $2.73 million contract (RODB-2 Delivery Order 6) for commercial GNSS-RO and Total Electron Content data, with a performance period of September 18 to December 1, 2026.

$2.7M source β†—

Aug 2026
Next-generation GNOMES satellites complete manufacturing and testing milestone

PlanetiQ announced its next-generation GNOMES satellites completed manufacturing and testing and were progressing through final preparations ahead of launch later in 2026.

source β†—

Jun 2026
NASA contract to expand access to commercial polarimetric GNSS-RO data

Under NASA's Commercial Smallsat Data Acquisition Program, researchers gain access to PlanetiQ's high-SNR GNSS polarimetric radio occultation data for weather, precipitation and Earth system science applications.

source β†—

Apr 2026
PlanetiQ awarded $15 million U.S. Air Force STRATFI contract

PlanetiQ received a $15 million, 48-month Strategic Funding Increase contract from the U.S. Air Force to develop and launch spacecraft with next-generation instruments gathering terrestrial and space weather data.

$15M source β†—

Jan 2026
NASA CSDA rates PlanetiQ radio occultation data "best-in-class"

NASA's Commercial Satellite Data Acquisition Program completed a one-year independent evaluation of PlanetiQ's radio occultation data with highly favorable findings.

source β†—

Sep 2025
NOAA awards PlanetiQ $24.3 million RODB-2 contract

NOAA NESDIS awarded PlanetiQ a $24.3 million contract under the Commercial Data Program's Radio Occultation Data Buy 2, described as NOAA's single largest commercial satellite weather data purchase; PlanetiQ delivers 7,000 GNSS-RO profiles per day including 500 enhanced high-SNR profiles and 2,500 low-latency TEC tracks daily.

$24.3M source β†—

Jul 2019
PlanetiQ completes $18.7 million Series B

PlanetiQ announced completion of an $18.7 million Series B led by New Science Ventures and AV8 Ventures with eight other firms and an anonymous Kansas City family office participating, bringing total funding to $23.9 million and enabling launch of its redesigned 20-satellite constellation.

$18.7M source β†—

Sep 2018
NOAA commercial weather data pilot contract

PlanetiQ received a $3.5 million contract from NOAA as part of a commercial weather data pilot program.

$3.5M source β†—

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

In the news

β–ΈResearch sources Β· 8

primary sources listed

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

Frequently asked questions

What does PlanetiQ do?
PlanetiQ operates a GNSS radio occultation satellite constellation supplying atmospheric and space weather data to governments and industry.
Who founded PlanetiQ?
PlanetiQ was founded by Chris McCormick in 2015.
Who are PlanetiQ's investors?
PlanetiQ's investors include Access Venture Partners, AV8 Ventures, Moonshots Capital, New Science Ventures, Service Provider Capital, Tremendous View Capital, VTC Ventures, Access Ventures.
Where is PlanetiQ headquartered?
PlanetiQ is headquartered in Unknown, US.