Sending satellites into space, gathering data from Earth, and applying machine learning to turn the resulting data into actionable intelligence isn’t as outlandish as it sounds. In fact, it’s a business that’s booming, driven by increased demand for agricultural, consumer, and industrial analytics; Northern Sky Research pegs the satellite-based Earth Observation (EO) market at and $54 billion cumulatively over the next decade.
Startups like and , which combine computer vision with geospatial imagery to help customers evaluate properties, have benefited enormously from the newfound investor interest. So too has , which this year launched a division with the stated mission of creating “a vertically integrated geospatial intelligence and infrastructure capability” that its customers can use to glean insights.
Onstage at VentureBeat’s Transform 2019 conference, cofounder