SkyWatch's TerraStream platform will provide data management, ordering, processing, and delivery services for its new partners.
PARIS, France, September 15, 2022 (Newswire.com) - SkyWatch Space Applications Inc. ("SkyWatch"), a Canadian space technology startup, announced today at World Satellite Business Week two new partnerships in the TerraStream ecosystem: Esper Satellite Imagery and Nara Space.
Esper, founded in 2019, is a Melbourne-based startup building space-based hyperspectral sensors for Earth observation to track climate metrics such as carbon emissions and carbon sinks for Oil and Gas, Agriculture, Mining and many other industries utilizing their proprietary sensor technology. Esper, with a mission to track 5B tons of carbon emissions annually, will launch their first pair of sensors in May of 2023, dubbed the "Over The Rainbow" mission, which will then be followed by a larger sensor network of 18 sensors in orbit.
Nara Space, founded in South Korea in 2015, is developing a nanosatellite called Observer-1, which is scheduled to launch in the second half of next year. Observer-1 is a commercial, microwave-sized optical satellite, and its main task is to observe the Earth. Although the native resolution is 1.5m, Nara Space is aiming to achieve a resolution of 0.5m through post-processing using their super-resolution algorithm.
SkyWatch's TerraStream platform will provide data management, ordering, processing, and delivery services for our new partners. Our end-to-end data management and distribution platform allows satellite operators to focus on developing core intellectual property while scaling a business with analysis-ready data and reduced time to market. Integration with SkyWatch's EarthCache platform, which provides application developers and GIS specialists with satellite imagery at scale, allows TerraStream customers to expand their market reach and add a new revenue stream to their business from day one.
"We're honored to have been selected by our friends at Esper Satellite Imagery and Nara Space to support their upcoming missions," says James Slifierz, CEO at SkyWatch. "Enabling new and exciting commercial satellite operators is the key to further democratizing Earth observation data, and we're thrilled to continue to work to bring high-quality and affordable datasets down to Earth." To learn more about TerraStream, visit https://skywatch.com/terrastream/.
SkyWatch is on a mission to make Earth Observation and remote sensing data accessible to the world. Hundreds of trillions of pixels of our planet are captured from space every day. Drawing on the team's past experience in space data aggregation software, we are building the infrastructure to connect satellite data operators and application developers. The company raised a $17.2 million USD Series B in 2021 and is expected to double in size in the next 18 months. Learn more at http://skywatch.com.
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