GURUGRAM, India (Blue Sky Analytics PR) — Geospatial Data Intelligence startup, Blue Sky Analytics (BSA) has announced the closing of a $1.2 million seed round, led by BEENEXT Emerging Asia Pte. Ltd. Zerodha-backed Rainmatter Capital Private Limited and Stanford Angels & Entrepreneurs also joined the round.
Blue Sky is building AI-powered infrastructure to analyze every pixel on the planet to retrieve the pertaining insights on air quality, water pollution, heat index, flood risk, and more. By leveraging satellite data, cloud computing, and AI, Blue Sky aims to inform various agents of the market and society with high quality, accessible, and democratized environmental data.(more…)
India plans to open up its state-run space sector to private companies. The Times of India reports:
Union finance minister Nirmala Sitharaman on Saturday announced the entry of the private sector in the country’s future inter-planetary and outer space explorations and allowed private companies to access the facilities and services of Indian Space Research Organisation (Isro).
Whil announcing structural reforms for the eight crucial sectors, the FM said, “India has the benefit of an extraordinary space institution such as Isro, which brought the nation a lot of laurels. However, today the private sector is also doing a lot of work in the space arena. A lot of individuals and startups have spent a lot of time developing space-related technologies. Unfortunately, because of Indian regulations, they are unable to use Isro facilities for even testing their products. To provide a level-playing field in satellite launches and space-based services, we will make a provision for the private sector to benefit from the assets which are available to Isro and for India (in general) to benefit from it.”
Sithharaman said, “We will also provide a predictable policy and regulatory environment for private players. We want them to be co-travellers with us. Therefore, the private sector is being encouraged.
In another big development, the FM announced that “future projects like planetary explorations and outer spce travel (like future Chandrayaan, Venus and Aditya missions) will be opened for the private sector. So, the private sector is being given a good access to the so arena so the industry and Isro can work together for a better ‘Atmanirbhar (self-reliant) Bharat’.”
The government is also working on a new policy for geospatial data to encourage private-sector companies.
BUENOS AIRES, Argentina (Satellogic PR) — Satellogic, the first company to develop a scalable earth observation platform with the ability to remap the entire planet at both high-frequency and high-resolution, today announced $50M in funding from new and existing investors. Today’s announcement comes on the heels of Satellogic’s $38M Dedicated Satellite Constellation (DSC) agreement with ABDAS to deliver access to a dedicated fleet of satellites providing them with high-resolution geospatial insights that will contribute to the monitoring of agriculture over the Henan Province in China and strengthen governmental decisions.(more…)
BUENOS AIRES, September 9, 2019 (Satellogic PR) –Satellogic, the world’s first vertically integrated geospatial analytics company, today announced that they have partnered with ABDAS, based in Henan Province, China, to deliver exclusive access to a dedicated constellation of satellites. The total amount of the agreement is more than 38 million USD.
As a result of this agreement, ABDAS will have access to a fleet of satellites, which provides them with multispectral imagery from monthly remapping of sites they define within Henan Province. Future satellites launched by Satellogic may be added to the constellation, and today’s agreement includes dedicated launches – coordinated by Satellogic – for fleet deployment and expansion. The partnership also gives ABDAS access to a dedicated platform for satellite tasking, as well as a private cloud for processing, cataloging, and storing images.(more…)
PHILADELPHIA, July 9, 2019 (Cesium/AGI PR) — Cesium and Analytical Graphics Inc. (AGI) are thrilled to announce the launch of Cesium, a newly independent company and the first spinout company from AGI. The new venture kicks off with a $5 million Series A investment from Falcon Global Capital to fuel the growth of Cesium’s platform enabling software developers and data providers to build dynamic, interactive 3D geospatial applications.(more…)
LUXEMBOURG, 2 April 2019 (Kleos Space PR) — Kleos Space S.A (ASX: KSS, Frankfurt: KS1), space-powered Radio Frequency Reconnaissance data provider, has signed a collaborative, non-binding, Memorandum of Understanding with leading Israeli based end-to-end geospatial intelligence company ImageSat International N.V. (iSi) to explore opportunities to use Kleos’ maritime RF activity-based satellite data to enhance geospatial intelligence analytics.
Under the MoU, the companies will develop a value-add proposition for current and future iSi maritime customers using Kleos’ geolocation data. The MoU also covers the development of a methodology to reduce collection to dissemination latency.
PASADENA, CA, January 8, 2019 (Parsons PR) – Parsons today announced its acquisition of OGSystems, an innovative solutions provider with advanced technologies in geospatial intelligence, big data analytics, and threat mitigation. OGSystems’ core defense and intelligence customers include the National Geospatial-Intelligence Agency (NGA), the National Reconnaissance Office (NRO), and Special Operations Command (SOCOM). Parsons’ acquisition of OGSystems is the latest in a series of strategic investments and is the corporation’s third acquisition in the past 14 months.