Remember the Chinese “spy” balloon from 2023? If not, here’s a refresher: About a year ago, a high-altitude balloon originating from China flew across American airspace largely undetected. Later spotted — and shot down — by the U.S. Air Force, the balloon proved difficult for curious civilian lookers-on to trace back to its origin — until AI firms like Synthetaic showed it could be done with satellite imagery.
The balloon saga turned out to be a strong product demo opportunity for Synthetaic, as luck would have it — catching the attention of investors including defense contractor Booz Allen Hamilton.
This week, Synthetaic raised $15 …
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