Wyvern
Wyvern is a Canadian space data company operating the world's first commercial hyperspectral satellite constellation (Dragonette), capturing 31-band VNIR imagery at 5.3m resolution for agriculture, defence, energy, mining, forestry, and wildfire management customers across 30+ countries.
- Company typePrivate
- Founded2017
- HeadquartersEdmonton, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Wyvern does
Wyvern is a Canadian space data company that operates the world's first commercial hyperspectral satellite constellation, headquartered in Edmonton, Alberta. Founded in 2017, the company designs, builds, and operates the Dragonette constellation—a five-satellite low Earth orbit network capturing 31-band visible and near-infrared (VNIR) hyperspectral imagery at 5.3-metre ground sampling distance, which the company describes as the highest resolution commercial hyperspectral imagery available. The constellation generates over 60 terabytes of data per month and serves customers across more than 30 countries.
The company's core product is hyperspectral imagery sales through both custom tasking and an archive, supported by an Open Data Program that provides free imagery for research and experimentation. Wyvern is developing a second-generation constellation called Rosette, which will extend hyperspectral capabilities into the shortwave infrared (SWIR) region for moisture and material identification. Supporting infrastructure includes a Knowledge Centre with Python, QGIS, ArcGIS, and ENVI tutorials, a Hyperspectral Index Library, and a Product Guide. The company partners with AAC Clyde Space for satellite manufacturing and launches via SpaceX Transporter missions.
Wyvern generates revenue through a quote-based pricing model spanning from under $1,000 to over $100,000 per engagement, supplemented by multi-year subscription contracts and government procurement vehicles including NASA's Commercial Satellite Data Acquisition (CSDA) program and Canada's Regional Defence Investment Initiative. The company serves vertical markets in agriculture, peace and security/defence, forestry and ESG, energy, mining, and wildfire management. Go-to-market combines direct enterprise sales with a product-led growth motion through the Open Data Program. Strategic partnerships with Neo Space Group (Middle East/Asia distribution), Nara Space (Asia distribution), Orbital Advisors (energy pipeline monitoring), Lemu (biodiversity), FireSafe AI (wildfire detection), and Seekr (AI-driven geospatial reasoning via SeekrGeo) extend reach across geographies and verticals. The company has raised approximately $20+ million in equity and grants across multiple rounds, with notable investors including MaC Venture Capital, Uncork Capital, Squadra Ventures, Y Combinator, and NordSpace Ventures.
Wyvern firmographics
Firmographics- Name
- Wyvern
- Legal name
- Wyvern Inc.
- Website
- https://wyvern.space
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Wyvern is a Canadian space data company operating the world's first commercial hyperspectral satellite constellation (Dragonette), capturing 31-band VNIR imagery at 5.3m resolution for agriculture, defence, energy, mining, forestry, and wildfire management customers across 30+ countries.
- Ownership category
- akta.pro rank
Wyvern industry classification
Industry- Product category
- Earth Observation Data
- NAICS
- Satellite Telecommunications (51741), Surveying and Mapping (except Geophysical) Services (54137), Space Research and Technology (92711)
- SIC
- Guided Missiles & Space Vehicles & Parts (3760), Optical Instruments & Lenses (3827), Search, Detection, Navagation, Guidance, Aeronautical Sys (3812)
- akta.pro primary industry
- Satellite Imagery & Remote Sensing Geospatial Platforms (BPAMANAM)
- akta.pro secondary industries
- Remote Sensing & Geospatial Vision (satellite/drone imagery) (HDAAAEAL), Spacecraft & Satellites (Civil/Commercial) (IMABACAB), Satellite/Aerial/Remote Sensing MRV (Methane plumes, land-use change) (EUAHADAL), Alternative Data Providers (Web, Satellite, Geolocation, ESG Signals) (FSAFAIAH)
Keywords
Where Wyvern is headquartered
LocationHeadquarters
- HQ city
- Edmonton
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Wyvern business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Infrastructure
Revenue model
- Hyperspectral Imagery Sales: Wyvern sells hyperspectral satellite imagery to customers across agriculture, defence, forestry, energy, and mining industries. Customers can order custom tasking or access archived imagery through direct sales engagement. Pricing is quote-based, with budget ranges from under $1,000 to over $100,000.
- Open Data Program: Freely available hyperspectral imagery through an open data catalog, enabling community adoption and building the user base for eventual commercial engagement.
- Government Contracts: Wyvern has secured government contracts including NASA's Commercial Satellite Data Acquisition (CSDA) program and Canada's Regional Defence Investment Initiative ($2.99M for maritime monitoring). These provide recurring government revenue streams.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Custom Imagery Tasking |
| Usage-based | Pay-as-you-go | Archive Imagery |
| Freemium | Monthly | Open Data Program |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Wyvern product offering
Product offeringCore offering
Wyvern designs, builds, and operates the world's first commercial hyperspectral satellite constellation (Dragonette), capturing 31-band visible and near-infrared (VNIR) imagery at 5.3-metre ground sampling distance. The company sells this hyperspectral imagery—through custom tasking and an archive—to government, defence, agriculture, forestry, energy, mining, and environmental customers, and is developing a next-generation Rosette constellation to extend into the shortwave infrared (SWIR) region.
Product overview
Wyvern is a Canadian space data company operating the world's first commercial hyperspectral satellite constellations. The product portfolio centers on the Dragonette constellation (first-generation, VNIR, 5.3m resolution, 31-band) and the upcoming Rosette constellation (next-generation, adding SWIR capabilities). Wyvern provides hyperspectral imagery products with flexible tasking and global 5-satellite coverage, complemented by an Archive of historical data and an Open Data Program offering free access for research. Supporting infrastructure includes a Knowledge Centre with tutorials and code samples (Python SDK, QGIS, ArcGIS, ENVI), a Hyperspectral Index Library, and detailed Product Guide documentation. The company serves industries including agriculture, forestry, energy, mining, and peace and security/defense.
Differentiator
Problem solved
Functional benefit
Brands
- Dragonette: Wyvern's first-generation hyperspectral imaging satellite constellation, currently the world's highest resolution commercial constellation delivering 5.3-metre resolution imagery from low Earth orbit.
- Rosette
Products and services
- Dragonette Hyperspectral Imagery Constellation Wyvern's first-generation operational hyperspectral imaging satellite constellation in low Earth orbit, currently comprising 5 satellites. Captures 31-band VNIR imagery at 5.3m GSD with research-grade calibration, atmospheric correction, and flexible tasking capabilities for global customers in agriculture, defence, forestry, energy, and mining.
- Rosette Next-Generation Hyperspectral Constellation Next-generation hyperspectral satellite constellation under development to extend Wyvern's imaging capabilities into the SWIR spectrum, enabling measurement of soil and vegetation moisture and enhanced material identification. Targeted for customers requiring deeper spectral fingerprinting beyond VNIR.
- Custom Hyperspectral Imagery Tasking Quote-based imagery service where customers task the Dragonette satellites to capture hyperspectral data over a specified area of interest on a defined schedule. Pricing is determined by area, time requirements, and number of collections, with multi-year contracts available and budget tiers ranging from under $1,000 to over $100,000.
- Hyperspectral Imagery Archive Pre-captured hyperspectral imagery from the growing Dragonette constellation archive, available for purchase on a usage-based/pay-as-you-go basis. Pricing varies by scene size and processing level, allowing customers to obtain past observations without commissioning new tasking.
- Open Data Program Freemium, self-serve catalog of free hyperspectral imagery from the Dragonette constellation distributed via STAC metadata and cloud-optimized GeoTIFF downloads. Enables researchers and prospective customers to evaluate Wyvern data before commercial engagement.
Quantifiable outcome
- 5.3-metre ground sampling distance at nadir—world's highest resolution commercial hyperspectral imagery
- +4 more outcomes
Companies that use Wyvern
Customer profileNamed customers5 records
Segments6 records
Ideal customer profiles5 records
Wyvern technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
AI capability5 records
Feature5 records
Wyvern partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and flagship.
- FireSafe AI, AIRmarket, ELIXR SimulationscoreCollaboration between four Alberta tech startups for wildfire detection and prevention technology. FireSafe AI has partnered with Wyvern (hyperspectral satellite imagery), AIRmarket (drone surveillance management), and ELIXR Simulations (immersive training simulations) to enhance wildfire response capabilities.
- Neo Space GroupflagshipInternational partnership with Neo Space Group in Saudi Arabia to provide hyperspectral earth imaging services across the Middle East and Asia regions. The collaboration aims to expand the use of satellite data for agriculture, environmental monitoring, and pipeline leak detection in the region.
- Orbital AdvisorscoreFormal partnership to enhance energy pipeline monitoring services by combining Wyvern's high-resolution hyperspectral satellite imaging with Orbital Advisors' high-frequency right-of-way monitoring capabilities. The collaboration provides pipeline operators with advanced risk detection and compliance support through integrated aerospace analytics and Earth observation data.
- SeekrcoreStrategic partnership to launch SeekrGeo, an AI-driven geospatial reasoning engine for commercial and national security applications. Wyvern serves as the inaugural data provider for hyperspectral imaging through a strategic licensing agreement. The platform combines Seekr's Remote Sensing Foundation Model with Wyvern's Dragonette constellation data to enable autonomous analysis of hyperspectral, SAR, and optical data for pattern detection, environmental monitoring, and material identification.
- Nara SpaceflagshipPartnership with Nara Space to expand access to hyperspectral data across Asia, enabling broader geographic coverage and market access in the Asian region.
- LemucorePartnership with Chilean nature intelligence company to advance environmental monitoring using satellite imagery and data for sustainability projects. Lemu launched its Lemu Nge hyperspectral nanosatellite in August 2024, offering over twenty times the resolution of conventional Earth observation satellites for global biodiversity surveillance.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
Wyvern competitors and assessment
Company assessmentDirect peers
- Pixxel: Pixxel operates a commercial hyperspectral Earth observation satellite constellation, capturing imagery across hundreds of spectral bands. It is the closest direct competitor to Wyvern, targeting similar agriculture, mining, defence, and environmental monitoring use cases with comparable technology and customer profile.
- Satellogic: Satellogic operates a commercial low-Earth-orbit constellation providing multispectral and hyperspectral Earth observation imagery. Both companies sell tasking and archive imagery to agriculture, defence, energy, and government customers with similar subscription and tasking-based pricing models.
- GHGSat: GHGSat is a Canadian satellite operator specializing in high-resolution detection of greenhouse gas emissions from industrial facilities. Both Wyvern and GHGSat are Canadian-headquartered commercial EO companies with hyperspectral/spectral payloads serving environmental monitoring and emissions verification customers.
Broad incumbents
- Planet Labs: Planet Labs operates the largest commercial satellite imaging constellation, providing daily global coverage with multiple sensor types. It serves similar agriculture, defence, forestry, and government markets with broader capabilities and far greater scale than Wyvern, representing the dominant incumbent in commercial EO.
- Maxar Technologies: Maxar is a major space technology and Earth observation incumbent providing high-resolution optical imagery and analytics to defence, intelligence, and commercial customers. It represents the broader aerospace/EO incumbent against which Wyvern's specialized hyperspectral offering competes for government and commercial budget.
- BlackSky Holdings: BlackSky provides high-resolution satellite imagery and real-time geospatial intelligence to defence and commercial customers. It competes with Wyvern in serving defence, maritime, and commercial monitoring customers with broader sensor portfolios and established government relationships.
- Capella Space: Capella Space operates a commercial SAR (synthetic aperture radar) satellite constellation providing all-weather Earth observation imagery. It serves defence, intelligence, agriculture, and infrastructure monitoring customers with a complementary sensing modality often paired with hyperspectral data in multi-sensor analytics workflows.
- Umbra Space: Umbra operates a commercial SAR satellite constellation providing high-resolution imagery for defence, intelligence, and commercial customers. Like Capella, Umbra is a small-satellite EO operator with comparable funding stage and customer profile, often referenced alongside Wyvern in EO market discussions.
- ICEYE: ICEYE operates the world's largest commercial SAR satellite constellation and provides persistent monitoring to defence, insurance, and government customers. It represents a comparable commercial EO scale-up story, having raised significantly more capital and reached a much larger valuation than Wyvern.
Emerging players
- Constellr: Constellr is an emerging European company building thermal infrared satellite infrastructure for land surface temperature monitoring. It serves adjacent precision agriculture and climate applications using spectral sensing technology, with overlapping target customers and a similar emerging commercial EO positioning.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Wyvern social profiles
Digital presenceWyvern financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wyvern leadership team
Management profileNumber of profiles
Profiles5 records
Wyvern funding detail
Funding detailFunding overview
Funding rounds10 records
Investors28 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wyvern M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wyvern
What does Wyvern do?
Wyvern designs, builds, and operates the world's first commercial hyperspectral satellite constellation (Dragonette), capturing 31-band visible and near-infrared (VNIR) imagery at 5.3-metre ground sampling distance. The company sells this hyperspectral imagery—through custom tasking and an archive—to government, defence, agriculture, forestry, energy, mining, and environmental customers, and is developing a next-generation Rosette constellation to extend into the shortwave infrared (SWIR) region.
Is Wyvern a public or private company?
Wyvern is a private company. It is classified as venture growth investor backed and is currently operating.
When was Wyvern founded?
Wyvern was founded in 2017. It employs 1 to 10 people.
Where is Wyvern based?
Wyvern is headquartered in Edmonton, Canada, in the North America region.
How does Wyvern make money?
Three revenue lines are on record. Hyperspectral Imagery Sales are the primary driver. The others are open Data Program and government Contracts.
Who are Wyvern's main competitors?
Direct peers on record are Pixxel, Satellogic and GHGSat. Broad incumbents are Planet Labs, Maxar Technologies, BlackSky Holdings, Capella Space, Umbra Space and ICEYE. Constellr is listed as an emerging player.
Does Wyvern have an API?
No public API is recorded for Wyvern.
What industry is Wyvern in?
Wyvern's product category is Earth Observation Data. Its primary akta.pro industry code is BPAMANAM, Satellite Imagery & Remote Sensing Geospatial Platforms, with a secondary code of HDAAAEAL, Remote Sensing & Geospatial Vision (satellite/drone imagery). Its NAICS code is 51741 and its SIC code is 3760.