Wyvern

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.

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

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

• Hyperspectral satellite imagery
• Earth observation data
• Satellite constellation operations
• Geospatial intelligence
• Spectral imaging services

Headquarters

HQ city

Edmonton

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Infrastructure

Revenue model

1. 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.
2. Open Data Program: Freely available hyperspectral imagery through an open data catalog, enabling community adoption and building the user base for eventual commercial engagement.
3. 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

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core 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

Named customers5 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability5 records

Feature5 records

Partnerships

Six partnerships are on record, tiered core and flagship.

• FireSafe AI, AIRmarket, ELIXR SimulationscoreStrategic or Co-development Partner · 29 April 2026Collaboration 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 GroupflagshipChannel Partner/ Reseller/ Distributor · 13 March 2026International 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 AdvisorscoreTechnology or Integration · 10 March 2026Formal 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.
• SeekrcoreTechnology or Integration · 25 February 2026Strategic 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 SpaceflagshipChannel Partner/ Reseller/ Distributor · 29 September 2025Partnership with Nara Space to expand access to hyperspectral data across Asia, enabling broader geographic coverage and market access in the Asian region.
• LemucoreStrategic or Co-development Partner · 1 March 2025Partnership 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

Direct 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

• Xx.com/WyvernSpace
• GitHubgithub.com/Nrevyw/wyvern-public-resources
• Facebookfacebook.com/WyvernSpace
• LinkedInlinkedin.com/company/18822846/admin/feed/posts

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds10 records

Investors28 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wyvern