Earth observation

Audacia SAS: Expansion Ventures to begin operation with a €100 million 1st closing, anchored by a €60 million investment from EIF

Retrieved on: 
Tuesday, January 30, 2024

Audacia SAS: Expansion Ventures to begin operation with a €100 million 1st closing, anchored by a €60 million investment from EIF

Key Points: 
  • Audacia SAS: Expansion Ventures to begin operation with a €100 million 1st closing, anchored by a €60 million investment from EIF
    Dissemination of a French Regulatory News, transmitted by EQS Group.
  • EIF commitment represents a significant milestone for Expansion and reaffirms its role as a supporter of European New Space and New Air Mobility industries.
  • Expansion, with the support of EIF, aims at reducing that gap, by providing financing and expertise to the best European entrepreneurs in this sector.
  • For more information about Expansion and its initiatives in the New Space and New Space Mobility sectors, please visit https://www.expansion-vc.eu/

Industrial Energy Efficiency Services Market to increase by USD 2.80 billion during 2023-2028; Increasing number of regulations to use energy-efficient equipment to drive growth- Technavio

Retrieved on: 
Monday, November 13, 2023

NEW YORK, Nov. 13, 2023 /PRNewswire/ -- The industrial energy efficiency services market size is expected to grow by USD 2.80 billion between 2023 and 2028.

Key Points: 
  • NEW YORK, Nov. 13, 2023 /PRNewswire/ -- The industrial energy efficiency services market size is expected to grow by USD 2.80 billion between 2023 and 2028.
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    The increasing number of regulations to use energy-efficient equipment drives market growth.
  • Furthermore, the increasing focus on energy audits and the use of energy management systems in industrial premises have provided high growth opportunities for ESCOs, which will have a positive impact on the global industrial energy efficiency services market.
  • The industrial segment witnessed substantial growth in 2020 and the increasing government regulations and the focus on optimizing energy efficiency.

Urban Sky Announces $9.75M Series A Funding Round

Retrieved on: 
Monday, October 16, 2023

The company will use the funding to scale its commercial imaging operation, develop advanced stratospheric technology, and broaden its sensor portfolio.

Key Points: 
  • The company will use the funding to scale its commercial imaging operation, develop advanced stratospheric technology, and broaden its sensor portfolio.
  • Urban Sky’s technology enables broad-area, high-resolution remote sensing at data acquisition costs significantly less than all other aerial platforms.
  • Urban Sky pairs its Microballoons with custom, ultra-lightweight imaging payloads designed and built in-house.
  • By partnering with Urban Sky, we aim to unlock the untapped potential of the stratosphere, leveraging a new frontier to quench the market’s insatiable demand for very-high-resolution imagery.”

Chloris Geospatial and Trove Research announce partnership to bring unprecedented transparency to forest carbon projects at a global scale

Retrieved on: 
Thursday, September 14, 2023

Trove will leverage Chloris' cutting-edge and market-leading technology for wall-to-wall, direct measurement of above-ground biomass dynamics to power its market-wide integrity assessment solution for over 550 REDD+, ARR and IFM projects in the voluntary carbon market.

Key Points: 
  • Trove will leverage Chloris' cutting-edge and market-leading technology for wall-to-wall, direct measurement of above-ground biomass dynamics to power its market-wide integrity assessment solution for over 550 REDD+, ARR and IFM projects in the voluntary carbon market.
  • The partnership will result in the most comprehensive coverage of the emissions impact integrity of all forest carbon projects in the VCM, anchored in market-leading science for measurement of forest carbon dynamics over time from space.
  • "Chloris' global data aligns with our approach to assessing integrity in a comprehensive and consistent way across the whole of the voluntary carbon market.
  • "We are delighted that Trove has chosen our platform and data product for their assessment," said Chloris Co-Founder and CEO Marco Albani.

Chloris Geospatial and Trove Research announce partnership to bring unprecedented transparency to forest carbon projects at a global scale

Retrieved on: 
Thursday, September 14, 2023

Trove will leverage Chloris' cutting-edge and market-leading technology for wall-to-wall, direct measurement of above-ground biomass dynamics to power its market-wide integrity assessment solution for over 550 REDD+, ARR and IFM projects in the voluntary carbon market.

Key Points: 
  • Trove will leverage Chloris' cutting-edge and market-leading technology for wall-to-wall, direct measurement of above-ground biomass dynamics to power its market-wide integrity assessment solution for over 550 REDD+, ARR and IFM projects in the voluntary carbon market.
  • The partnership will result in the most comprehensive coverage of the emissions impact integrity of all forest carbon projects in the VCM, anchored in market-leading science for measurement of forest carbon dynamics over time from space.
  • "Chloris' global data aligns with our approach to assessing integrity in a comprehensive and consistent way across the whole of the voluntary carbon market.
  • "We are delighted that Trove has chosen our platform and data product for their assessment," said Chloris Co-Founder and CEO Marco Albani.

New Study Uncovers Slower Methane Emission Reduction in Los Angeles, Challenging Previous Estimates

Retrieved on: 
Thursday, September 7, 2023

The findings indicate that the previously reported reduction rate of CH4 in the Los Angeles area was overestimated.

Key Points: 
  • The findings indicate that the previously reported reduction rate of CH4 in the Los Angeles area was overestimated.
  • The study outlines the urgency for accelerated reduction efforts to meet the pledge goal for 2030.
  • The bottom-up inventory emission estimates are often based on survey activity data and the conversion factor called "emission factor (EF)."
  • In contrast, the "top down" approach of measuring methane levels in the atmosphere directly translates the measured atmospheric methane levels and the change into emission estimates.

Satellogic and Quant Data & Analytics Announce 3-Year Agreement

Retrieved on: 
Monday, August 21, 2023

Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution Earth Observation data (“EO”) collection, announced today that it has signed an agreement with Quant Data & Analytics (“Quant”), a leading Saudi provider of Data & AI Products and Enterprise Solutions focused on the real estate and retail sectors.

Key Points: 
  • Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution Earth Observation data (“EO”) collection, announced today that it has signed an agreement with Quant Data & Analytics (“Quant”), a leading Saudi provider of Data & AI Products and Enterprise Solutions focused on the real estate and retail sectors.
  • Quant’s collaboration with Satellogic will lead to the development of derivative products, transforming and broadening the adoption of data science, AI, and SaaS products for real estate and retail.
  • Ahmed Bukhamseen, CEO of Quant Data & Analytics, stated, “Our collaboration with Satellogic marks a momentous advancement in data analytics for our region.
  • This collaboration promises to be a game-changer in utilizing big data to make transformative impacts on real estate, retail and beyond.

Satellogic and Quant Data & Analytics Announce 3-Year Agreement

Retrieved on: 
Monday, August 21, 2023

Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution Earth Observation data (“EO”) collection, announced today that it has signed an agreement with Quant Data & Analytics (“Quant”), a leading Saudi provider of Data & AI Products and Enterprise Solutions focused on the real estate and retail sectors.

Key Points: 
  • Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution Earth Observation data (“EO”) collection, announced today that it has signed an agreement with Quant Data & Analytics (“Quant”), a leading Saudi provider of Data & AI Products and Enterprise Solutions focused on the real estate and retail sectors.
  • Quant's collaboration with Satellogic will lead to the development of derivative products, transforming and broadening the adoption of data science, AI, and SaaS products for real estate and retail.
  • Satellogic's flexible and scalable business model will support Quant’s Suhail platform, an interactive real estate tool for agencies, developers, and clients.
  • Ahmed Bukhamseen, CEO of Quant Data & Analytics, stated, "Our collaboration with Satellogic marks a momentous advancement in data analytics for our region.

Sidus Space Reports Record Q2 2023 Gross Margin

Retrieved on: 
Monday, August 14, 2023

(NASDAQ:SIDU) (the “Company” or “Sidus”), a Space and Data-as-a-Service satellite company, announces its financial results and is providing a business update for the second quarter ending June 30, 2023.

Key Points: 
  • (NASDAQ:SIDU) (the “Company” or “Sidus”), a Space and Data-as-a-Service satellite company, announces its financial results and is providing a business update for the second quarter ending June 30, 2023.
  • The increase in gross margin was the result of an increase in our satellite revenue.
  • For the six months ended June 30, 2023 our satellite revenue was over 100% higher than full year 2022,” said Carol Craig, Founder and CEO of Sidus.
  • The increase in gross profit margin was primarily attributed to the mix of contracts and an increase in our higher margin satellite business.

Optical Satellite Communication Market worth $1,134 million by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, August 16, 2023

The types of optical satellite communication market Satellite Communication are Space-to-Ground Communication, Deep Space Communication, and Earth Observation.

Key Points: 
  • The types of optical satellite communication market Satellite Communication are Space-to-Ground Communication, Deep Space Communication, and Earth Observation.
  • Based on the type, the Satellite-to-satellite communication segment is estimated to lead the Optical satellite communication market from 2023 to 2028.
  • Based on the platform, the Satellite-to-satellite segment is estimated to lead the Optical satellite communication market from 2023 to 2028.
  • The North American market is projected to contribute the most significant share from 2023 to 2028 in the Optical satellite communication market.