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2024-08-07 09:39:45
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Canadian Startup Perceptive Space Secures $2.8 Million in Funding to Predict Space Weather with AI
Perceptive Space, a startup based in Toronto, Canada, has announced its emergence from stealth mode with a $2.8 million funding round aimed at significantly enhancing the accuracy of space weather predictions through artificial intelligence technology. The company plans to develop an innovative platform to address changes in the space environment, particularly concerning the safety of satellite operations, communication systems, and ground power grids. Compared to existing forecasting agencies like the National Oceanic and Atmospheric Administration (NOAA), Perceptive Space's prediction accuracy is expected to reach