Earth-observation startups are investing in data analytics and machine learning to transform raw satellite data into marketable insights they say have the potential to be every bit as indispensable to investors and business leaders as the up-to-the-second analytics they get from the likes of a $20,000-a-year Bloomberg terminal subscription.
With the financing, Descartes Labs plans to enhance its “data refinery,” the cloud-based supercomputing platform it uses to draw useful information and insight from disparate datasets
Ball Aerospace is using expertise it gained building sophisticate sensors and merging various data sets for U.S. government defense and intelligence agencies to build VizZen, a cloud-based content library and visual-data repository for government and commercial customers.
New technology for satellite imaging and tracking will help the military more efficiently move and deploy troops and hardware, the head of U.S. Transportation Command said.
Geospatial analytics firms Orbital Insight plans to expand its workforce and create new data products with a $50 million investment the Silicon Valley startup raised in Series C round announced May 2.