Noblis' corporate venture capital arm has invested in a cloud-based software startup that specializes in creating digital twins for use in simulation and design work.
Founded in 2019, Sedaro has designed a software platform that provides users with a unique architecture and environment for designing satellites and other types of spacecraft. Terms of the Noblis Ventures investment announced Tuesday were not disclosed.
“Working with Noblis allows us to accelerate the application of Sedaro's digital twin technology to challenges that demonstrate the fundamental value of our technology in an increasingly autonomous and integrated world.” Founder and CEO Robbie Robertson said in a release.
In August, Sedaro announced it had signed a $1.5 million contract with the Space Force to demonstrate the use of digital twins in spacecraft design. The goal of this program is to demonstrate how digital twins can help create spacecraft that can perform service, assembly, and manufacturing missions in space.
Space is one of Noblis Ventures' four key focus areas. Noblis Ventures is a nonprofit science and technology company that makes early-stage investments in deep technology startups, helping to bring research results from the lab to government missions.
Noblis Ventures made its first space-focused investment in June, backing Scout Space, a provider of vision solutions that help spacecraft collect data and track objects.
Regarding Sedaro, Noblis CEO Mile Corrigan said the company's tools help accelerate support for higher-end technologies in complex physical designs.
“Noblis is committed to innovation across boundaries, and this is another avenue for joint solutions and development to further strengthen our current digital engineering capabilities and expand our mission impact for our customers.” Corrigan added in Sedaro's announcement.
Corrigan previewed Noblis' plans for its venture arm on this episode of the WT 360 podcast in June. This was part of a series about the 2023 Top 100 rankings.
