Spookfish Limited
(ASX:SFI) has received a $6 million investment from US-based Eagleview Technology.
Spookfish is an Australian tech company which positions itself as a provider of high-resolution, aerial image capturing of countries more cost-effectively than satellites and existing aerial solutions.
Eagleview’s $6 million investment is in the form of unsecured, interest-free convertible notes, which will become a 10% interest in Spookish – after Spookfish delivers its first capture system to Eagleview in North America.
The Australian company says that its first capture system is scheduled to operate in North America before the end of the year.
Spookfish reported a net loss of $8 million at 31 December 2015.
