StageSeries C | Alive
Last Raised$1M | 4 yrs ago
About Hera Systems
Hera Systems is a satellite information and analytics company that collects images of the Earth every day, enabling commercial and government organizations to monitor change and make smart decisions in near-real time. The company is a single source of fresh, up-to-the minute, universally accessible, affordable, high-resolution information about any location on the globe. Hera Systems' initial satellite platform, 1HOPSat - 1st generation High Optical Performance Satellite - will enable customers to acquire imagery and video, as well as intelligent, mission-driven analytics and derived information, on demand through a simplified user interface accessed via secure, mobile platforms.
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Expert Collections containing Hera Systems
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Hera Systems is included in 1 Expert Collection, including Aerospace & Space Tech.
Aerospace & Space Tech
Hera Systems Patents
Hera Systems has filed 3 patents.
CubeSats, Operating amusement attractions, Disneyland, Sensors, Optical devices
CubeSats, Operating amusement attractions, Disneyland, Sensors, Optical devices
Latest Hera Systems News
Feb 4, 2023
Firsthand Technology Value Fund Discloses Preliminary NAV of $4.44 Per Share as of December 31, 2022 by Top Holdings Include IntraOp Medical, Wrightspeed, Hera Systems, Revasum, and EQX Capital SAN JOSE, Calif.–(BUSINESS WIRE)–Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC) (the “Fund”), a publicly traded venture capital fund that invests in technology and cleantech companies, disclosed today that its preliminary NAV, as of December 31, 2022, was $4.44. The Fund further announced that its top five holdings as of December 31, 2022, were IntraOp Medical, Wrightspeed, Hera Systems, Revasum, and EQX Capital. 1. IntraOp Medical Corp. is the manufacturer of the Mobetron, a medical device that is used to deliver electron-based radiation to cancer patients. As of December 31, 2022, the Fund’s investment in IntraOp consisted of preferred stock plus debt securities and represented approximately 55.9% of the Fund’s preliminary net assets. 2. Wrightspeed, Inc. is a supplier of electric drivetrains for heavy-duty trucks. As of December 31, 2022, the Fund’s investment in Wrightspeed consisted of preferred and common stock plus debt securities and warrants to purchase additional shares and represented approximately 29.0% of the Fund’s preliminary net assets. 3. Hera Systems, Inc. is developing micro satellites with imaging and communication capabilities for launch into low Earth orbit. As of December 31, 2022, the Fund’s investment in Hera consisted of preferred stock plus debt securities and warrants to purchase additional shares and represented approximately 25.8% of the Fund’s preliminary net assets. 4. Revasum, Inc. (ASX: RVS) is a provider of chemical-mechanical planarization (CMP) and grinding tools to the semiconductor industry. As of December 31, 2022, the Fund’s investment in Revasum consisted of common stock equivalents (CDI’s) and represented approximately 11.5% of the Fund’s preliminary net assets. 5. EQX Capital, Inc. provides equipment financing solutions to technology companies and their customers. As of December 31, 2022, the Fund’s investment in EQX consisted of preferred and common stock and represented approximately 2.9% of the Fund’s preliminary net assets. The Fund’s preliminary net assets as of December 31, 2022, include cash and cash equivalents of approximately $0.10 per share. Preliminary total investments as of December 31, 2022, were $40.1 million, or approximately $5.82 per share. As of December 31, 2022, the Fund’s top five holdings constituted 125.0% of the Fund’s preliminary net assets, and 95.4% of our preliminary total investments. The Fund’s NAV for December 31, 2022, as well as complete financial statements and a detailed schedule of investments, will be made available with the Fund’s annual report filing on Form 10-K in March 2023. About Firsthand Technology Value Fund Firsthand Technology Value Fund, Inc. is a publicly traded venture capital fund that invests in technology and cleantech companies. More information about the Fund and its holdings can be found online at www.firsthandtvf.com . The Fund is a non-diversified, closed-end investment company that elected to be treated as a business development company under the Investment Company Act of 1940. The Fund’s investment objective is to seek long-term growth of capital. Under normal circumstances, the Fund will invest at least 80% of its total assets for investment purposes in technology and cleantech companies. An investment in the Fund involves substantial risks, some of which are highlighted below. Please see the Fund’s public filings for more information about fees, expenses and risk. Past investment results do not provide any assurances about future results. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains “forward-looking statements” as defined under the U.S. federal securities laws. Generally, the words “believe,” “expect,” “intend,” “estimate,” “anticipate,” “project,” “will,” and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to materially differ from the Fund’s historical experience and its present expectations or projections indicated in any forward-looking statement. These risks include, but are not limited to, changes in economic and political conditions, regulatory and legal changes, technology and cleantech industry risk, valuation risk, non-diversification risk, interest rate risk, tax risk, and other risks discussed in the Fund’s filings with the SEC. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Fund undertakes no obligation to publicly update or revise any forward-looking statements made herein. There is no assurance that the Fund’s investment objectives will be attained. We acknowledge that, notwithstanding the foregoing, the safe harbor for forward-looking statements under the Private Securities Litigation Reform Act of 1995 does not apply to investment companies such as us. Contacts
Hera Systems Frequently Asked Questions (FAQ)
When was Hera Systems founded?
Hera Systems was founded in 2013.
Where is Hera Systems's headquarters?
Hera Systems's headquarters is located at 7013 Realm Dr., San Jose.
What is Hera Systems's latest funding round?
Hera Systems's latest funding round is Series C.
How much did Hera Systems raise?
Hera Systems raised a total of $6.79M.
Who are the investors of Hera Systems?
Investors of Hera Systems include MVP Capital and Firsthand Capital Management.
Who are Hera Systems's competitors?
Competitors of Hera Systems include Ursa Space Systems, Capella Space, Descartes Labs, ICEYE, Astrocast and 9 more.
Compare Hera Systems to Competitors
SpaceKnow tracks global economic trends from space through its Internet-as-a-service products. SpaceKnow empowers decision-makers with ultra large-scale planetary analysis through its AI-powered analytics engine and collection of earth observation imagery.
Descartes Labs is a geospatial intelligence company that performs scientific analysis of geospatial, remote sensing, and diverse complementary data sets to enable sustainable sourcing best practices, commodity price forecasting, and efficient mineral exploration for CPG, Agriculture, and Mining companies. Its SaaS platform automates the analysis of geospatial imagery for our users, enabling planetary-scale analysis. The company also supports a diverse set of federal government efforts to curate, analyze, and provide unique insights from geospatial data. The firm was founded in 2014 and is based in Santa Fe, New Mexico.
ICEYE provides quick-response imagery from space with microsatellites equipped with imaging radar technology. The ICEYE instrument can see through clouds, obscuring weather, and in the dark-all conditions that limit camera-based services in situations where waiting for daylight and improved weather is not an option.
Capella Space is an aerospace and information services company that provides on-demand Earth observation data via space radar. Its constellation of high-resolution Synthetic Aperture Radar (SAR) satellites allows persistent and reliable information gathering regardless of bad weather and/or low light conditions. Capella Space was founded in 2016 and is based in San Francisco, California.
Umbra is a technology company launching a constellation of next-generation microsatellites. Its remote sensing satellites can capture images day and night, regardless of weather conditions, for delivery via an integrated web platform. Umbra’s goal is to empower customers by offering them both high-quality and affordable data.
Geospatial operates as a research platform. It provides independent research derived from the analysis of satellite imagery and the integration of this intelligence with a range of other data sources. It was founded in 2012 and is based in Birmingham, United Kingdom.
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