Orbital Insight Acquires Gil Syswerda’s Boston-Based AI Firm
Geospatial analytics provider Orbital Insight has made its first acquisition – a privately-held, Boston-based artificial intelligence company, FeatureX. Founded by serial entrepreneur and machine-learning expert Gil Syswerda, FeatureX specializes in computer vision for satellite imagery.
Orbital Insight said the acquisition will enhance its expertise in object detection, image enhancement, and deep learning techniques, while strengthening its research initiatives into new, cutting-edge applications. Orbital has been working to incorporate artificial intelligence to satellite, UAV, and other geospatial and terrestrial data sources to expand its offering to customers.
Syswerda will become Vice President of Technology Research at Orbital Insight and lead its soon-to-be-expanding Boston office. Financial details of the acquisition were not disclosed. Orbital Insight completed a Series C funding round in May 2017 and has raised $78.7 million to date.