According to Space Capital, $178 billion will be invested in the space economy from 2011 to 2021, with $14.5 billion coming from space infrastructure companies.
This money is spent on geospatial data analysis, Earth observation through rockets and launch systems, which are widely used in various regions around the world.
The modern geospatial data analytics market includes companies and solutions that harness the power of space technology to ensure space data extraction, analysis and utilization for environmental, business and human benefits.
We’ve selected the companies that have had the most impact on the development and use of space technology, from building rockets to satellite image analysis tools.
EOSDA
EOS Data Analytics is a company that works on advanced satellite image analysis with proprietary AI algorithms.
EOSDA partners with government, commercial and scientific organizations, providing Earth observation solutions to more than 20 industries, primarily focused on agriculture and forestry.
The company’s mission is to help decision makers solve challenges facing humanity around the world, including reducing CO2 emissions, ensuring food security, combating soil erosion, managing deforestation, conserving water and more. Ensuring environmental leadership by preparing.
By providing access to advanced geospatial data analytics in various domains, EOS Data Analytics Inc. Contributes to shifting businesses towards sustainable practices globally.
Apart from a digital catalog of satellite images called EOS Land Viewer where users can search, analyze and download Earth images based on their business needs and areas of interest, the company has other products specifically for agriculture and forestry. are designed for are tools.
Leveraging the potential of geospatial data analysis in agriculture, EOSDA has developed a software platform called EOS Crop Monitoring, which is now monitoring 32 million hectares.
This digital precision agriculture tool is an all-in-one solution that provides easy and convenient access to a variety of field data including crop status, weather conditions, field productivity, operated and planned activities, moisture and more.
In addition, the company provides API documentation for integration of EOS crop monitoring features into pre-existing software or white label solutions for those wishing to develop precision agriculture solutions under their own brand.
The solution is for IT companies, food manufacturers, input suppliers, governments, insurance companies etc. And for those who need specific, unique data, EOSDA also offers custom solutions, including yield forecasting, crop mapping, field boundary tracing and more.
EOS Forest Monitoring is essentially an analogue of EOS Crop Monitoring, but for forest management.
The platform enables forest owners, logging companies and forestry players to monitor forest stands by accessing the most reliable and relevant forest health data online and receiving email notifications in case of changes and risks.
Adding to all this, EOSDA aims to launch an agriculture-focused satellite consortium among companies applying remote sensing technology for products and services.
The EOS SAT Group will consist of 7 satellites equipped in 11 agriculture-related bands to ensure unique agricultural monitoring capabilities.
This will increase the data accuracy and precision of the company’s products in monitoring plant health, optimizing resources, and reducing adverse environmental impacts, thereby benefiting both farmers and humanity.
SpaceX
The company works in the field of spacecraft manufacturing. SpaceX designed the Falcon launch vehicle, the Dragon cargo spacecraft to supply the International Space Station and the Starlink satellite Internet network. The company’s main goal is to reduce the cost of launching rockets into space and eventually launch Mars colonization missions.
Totem Lab
Thanks to global satellite access with indoor coverage, the company offers a specialized connectivity solution for transportation, supply chain monitoring, agriculture and other sectors.
Totem Labs has developed a global tracking chip capable of monitoring anything inside and outside anywhere in the world. The company has already succeeded in connecting its satellites to an object in an office building.
BAE Systems
The company is one of the largest defense contractors worldwide and the largest defense contractor in Europe unlocking the potential of real-time geospatial data analysis.
Also at the top of the list in satellite communication antenna design, it offers astronomy technology and satellite communication solutions.
Additionally, BAE Systems has successfully deployed a satellite ground station for the Climate Change and Energy Efficiency Division.
Hadron
This space tech company specializes in building the Fast Pixel Network – a satellite relay network that aims to enable real-time communication between satellites.
The network will provide a continuous low-latency link to the ground and increase the average data offload rate, enabling more frequent access to satellite data.
Leolabs
LeoLabs is offering critical data to satellite operators, defense agencies, insurance companies, etc. for satellite tracking, surveillance and collision prevention. Continuing development, the company plans to locate its next radar in Portugal to enable more effective space debris tracking.
Rocket Lab
One of the benefits of space to mankind is international peace and security, Rocket Lab specializes in the development of rocket launch and control systems for the aerospace and defense industries.
It designs, assembles and monitors electron and neutron launch vehicles, and provides photon platforms to develop spacecraft solutions. It serves customers in commercial, civil, defense and scientific sectors.
Look at the sky
As one of the leading geospatial data analytics companies, SkyWatch connects GIS managers and developers to one of the largest networks of satellite imagery providers.
Providers include GIS analysts and data scientists and developers who extract valuable data from satellite imagery and turn it into a resource for making smart decisions.
R3-IoT
R3-IoT has developed an IoT-based satellite connectivity technology to connect sensors anywhere in the world from the cloud. The solution has already received applications for its innovative digital platform in the field of aquaculture, re-engineering data collection, analysis and applications on fish farms.
