Novi

NOVI Space Inc. is a technology company focused on advanced satellite solutions and edge computing, using artificial intelligence and machine learning to enhance Earth Observation services. NOVI Space Inc. was founded in 2017 and operates out of Arlington, US.

The company specializes in satellite technologies and edge computing solutions. The founder has a history of entrepreneurial ventures that have contributed to their expertise in this sector. NOVI specializes in advanced satellite technologies and on-board edge computing solutions that leverage artificial intelligence and machine learning for a diverse range of applications. Their primary offerings include low-cost, multi-sensor satellites equipped with sophisticated edge processing capabilities, designed to optimize Earth Observation (EO) services by minimizing cost, complexity, and latency in data utilization.

Key products include the SEED edge-processing imager payload, which has been integrated into missions such as the H10 on the International Space Station, and the LIME CubeSat, aimed at enhancing EO capabilities. With a focus on democratizing access to space-based data, NOVI serves a wide array of clients including government agencies, defense contractors, and commercial enterprises worldwide, specifically targeting markets in North America and allied nations where advanced EO services are increasingly vital for infrastructure and national security applications. NOVI generates revenue through strategic partnerships and contracts with governmental and commercial clients, focusing primarily on business-to-business transactions. The company's transaction structure typically involves project-based contracts for the development and deployment of its satellite technologies and edge computing solutions.

This includes contracts awarded by institutions such as the U. S. Air Force and NASA, which engage NOVI for specific missions and technology demonstrations. Revenue is derived from the sale and integration of flagship products like the SEED edge-processing imager and the LIME CubeSat, as well as ongoing support for in-space testing and operations.

These partnerships and contracts not only provide a steady flow of revenue but also position NOVI as a key player in the burgeoning space technology sector. NOVI Space Inc. is focusing on the development of new satellite products and enhancing its edge computing technologies, with plans for launch set for late 2025. The company aims to expand into new markets specifically targeting the European Union and Asia by 2026.

In May 2025, NOVI Space Inc. raised an undisclosed amount of seed funding from new investor Virginia Venture Partners. The company plans to utilize the May 2025 funding to grow in the Arlington region and promote the next wave of space innovation by bringing in a network of investors and speeding up its development.