A Euroconsult report projects the Earth observation data and services market will reach $7.5 billion by 2030. SATELLITE 2022’s Geo-Intelligence Workshop explored how the industry leverages satellite data for actionable insights.
Dr. James Crawford, founder and CTO of Orbital Insight, said his company has evolved far beyond manually counting cars in Walmart parking lots: “Our platform allows us to pull together all that data and answer questions about the world. There is so much data out there, and the pace of change in the world is only increasing.” On supply chains: satellite imagery can reveal the impact of COVID or Ukraine on titanium mines and oil refineries. “With satellite imagery, we can see what is happening. A forest is really big, and satellites are going to be an honest broker. It’s very hard to fool a satellite.”
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Ryan McKinney of Satellogic noted the value of layered data: “You’re not making a big business decision with one source of data.” Nicole Robinson of Ursa Space Systems agreed: “The supply chain is absolutely key but if we’re able to layer the data, it’s a one plus one equals three dynamic.”
Col. Shane Taylor, U.S. Army project manager for Tactical Network, said the Army has shifted from monolithic lead-integration to a collaborative multi-source approach: “This has allowed us to pivot a long, drawn-out process in the past and allowed us to leverage those solutions.” On edge computing in space, McKinney noted: “What we’re seeing from some of our partners, it is being able to do some of the analysis on the satellite before sending the data down. There’s value in doing that kind of computing in space.” Robinson concluded: “Speed is everything. Having access at the individual service level is huge. We’re seeing a trend in that direction.” VS
