Original Article posted at Via Satellite

Ursa Space Systems announced it closed a $7 million Series A equity financing from financial, security, and strategic investors. Paladin Capital Group led the financing, which included participation from New Enterprise Associates (NEA), RRE Ventures, S&P Global, and other strategic investors.

Ursa released its first weekly China oil inventory report in May, added the Caribbean and Middle East and North Africa (MENA) regions in September, and plans to have global coverage in early 2018. Ursa uses a mixture of Synthetic Aperture Radar (SAR) and external information layers to provide analytics solutions for…

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