Directionally, you never know where a balloon is going to go because the wind controls it. A balloon operator can send a balloon higher or lower, but not steer it in specific directions. So before ...

Investment in Urban Sky is ballooning. The Denver-based business, which makes and deploys balloons to take satellite images, has closed a $30 million funding round, according to SEC filings.

US startup Urban Sky is launching balloons into the stratosphere to test the technology as an inexpensive way to detect, track, and ultimately prevent the spread of wildfires.

Oct. 4—While some parents and children enjoy their days at the movie theater or at dinner, Karalyn Mumm and William Vavra enjoy their days floating high in the sky inside a hot air balloon. As ...