A Toronto-born tech startup has emerged from stealth with pre-seed funding to enhance space weather forecasting using artificial intelligence. Led by CEO Padmashri Suresh, Perceptive Space aims to improve the accuracy of predictions for solar flares and geomagnetic storms, which can disrupt satellite operations and power grids. Current space weather predictions from government agencies often lack precision; Perceptive Space’s AI models promise much higher accuracy.
Funding was led by Panache Ventures alongside other investors like Metaplanet and 7percent Ventures. The Canadian company plans to launch its software in 2025 to help satellite operators better manage space and weather risks.
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