PlanetiQ inks deal with Indian company to launch satellites

BOULDER — Officials for startup PlanetiQ, which over the summer moved its headquarters from Maryland to Boulder, announced on Thursday that they have reached a deal with the commercial arm of the Indian Space Research Organization for the launch of two weather satellites that will eventually be part of a constellation of 12.

Terms of the deal with Antrix Corp. Ltd. were not announced.

The launch is scheduled to take place in the fourth quarter of 2016 aboard a Polar Satellite Launch Vehicle. The other 10 satellites are slated for launch for 2017.

The aim of the satellites is to improve weather-modeling capabilities for a broad range of users. PlanetiQ’s 10-kilogram microsatellites will fly the company’s Pyxis-RO sensor that uses radio occultation to provide high-precision measurements of global temperature, pressure and water vapor in the atmosphere, and electron density in the ionosphere. PlanetiQ plans to sell the data gathered by the satellites to customers in the meteorology, aviation, shipping, defense, intelligence and agriculture industries.

PlanetiQ earlier this year inked a deal with Blue Canyon Technologies in Boulder to build the 12 satellites. Both companies are housed at 2425 55th St.

PlanetiQ, founded in 2012, has 12 employees in Boulder and six in Bethesda, Md. In August, when the company announced its move to Boulder, officials said the firm could add one or two dozen employees over the coming months. A spokesman for the company said Thursday that PlanetiQ hopes to begin that hiring surge soon.

BOULDER — Officials for startup PlanetiQ, which over the summer moved its headquarters from Maryland to Boulder, announced on Thursday that they have reached a deal with the commercial arm of the Indian Space Research Organization for the launch of two weather satellites that will eventually be part of a constellation of 12.

Terms of the deal with Antrix Corp. Ltd. were not announced.

The launch is scheduled to take place in the fourth quarter of 2016 aboard a Polar Satellite Launch Vehicle. The other 10 satellites are slated for launch for 2017.

The aim of the satellites is to improve weather-modeling capabilities for a broad range of users. PlanetiQ’s 10-kilogram microsatellites will fly the company’s Pyxis-RO sensor that uses radio occultation to provide high-precision measurements of global temperature, pressure and water vapor in the atmosphere, and electron density in the ionosphere. PlanetiQ plans to sell the data gathered by the satellites to customers in the meteorology, aviation, shipping, defense, intelligence and agriculture industries.

PlanetiQ earlier this year inked a deal with Blue Canyon Technologies in Boulder to build the 12 satellites. Both companies are housed at 2425 55th St.

PlanetiQ, founded in 2012, has 12 employees in Boulder and six in Bethesda, Md. In August, when the company announced its move to Boulder, officials said the firm could add one or two dozen employees over the coming months. A spokesman for the company said Thursday that PlanetiQ hopes to begin that hiring surge soon.