MethaneSAT Secures $5 Million in Funding to Revolutionize Methane Tracking from Space

We are thrilled to announce that MethaneSAT has successfully raised $5 million in funding to accelerate its pioneering efforts in methane tracking technology. As the most advanced methane monitor in space, MethaneSAT is on track to redefine how the world understands and addresses methane emissions. By the end of 2024, our satellite will have the unparalleled capability to measure emissions with unmatched precision, covering almost any location on Earth—from major leaks in oil and gas operations to smaller, more elusive sources that traditional satellites may overlook. This significant capital injection will support the initial mission of quantifying methane emissions specifically from the global oil and gas industry, a key sector contributing to climate change. The data collected by MethaneSAT will be made freely and publicly available to empower countries and organizations to take swift and effective action against methane leaks. Our advanced measurement capabilities and extensive viewing options mean we're not only identifying the current emission rates but also tracking changes over time, which will help stakeholders prioritize the most impactful solutions. By quantifying emissions at an unprecedented level, down to sites as small as one kilometer, MethaneSAT is positioned to catalyze a transformative approach to emissions management. As we move forward, we look forward to engaging with an array of stakeholders who share our mission of creating a sustainable future, through proactive, informed action based on transparent data. Stay tuned for updates as MethaneSAT advances its mission to tackle one of the most pressing challenges in climate change.