Satellogic has partnered with GeoTerraImage, the geospatial solutions provider in southern Africa.
Under this agreement, GeoTerraImage will use Satellogic’s high-resolution multispectral satellite data and low-latency hyperspectral data and proprietary software for new agricultural analysis and dashboards. These will be used by organisations across Africa and beyond. GeoTerraImage said it will use Satellogic’s imaging to identify different types of architecture and building structures to enhance network planning data products.
According to the 2020 edition of African Space Industry’s annual report, the demand for space data is increasing at an exponential rate in Africa. The industry, which is growing at a CAGR of 7.3%, is expected to reach $10bn USD by 2024. Over USD 717m was spent on satellite projects in 2019. From 2010 to 2020, the African EO and geospatial sector grew by 96% or about 10% annually.
Thomas VanMatre, Vice President of Global Business Development, Satellogic, said: “This is an incredibly exciting time for the African space industry. Satellogic is thrilled for the opportunity to contribute to the continued growth and development of the region’s geospatial capabilities. By providing high-resolution, high-frequency imagery at an affordable price point, Satellogic will help GeoTerraImage solve some of the most challenging resource-allocation and food-security challenges of our time.”
Along with Satellogic’s multispectral data, GeoTerraImage will leverage Satellogic’s low-latency hyperspectral imagery offering for large-scale agriculture applications across the globe.
Speaking about the partnership, Pieter Sevenhuysen, Director at GeoTerraImage, added: “Together, as a result of this partnership, GeoTerraImage and Satellogic are bringing an unmatched capability to market. Utilising Satellogic’s low-latency hyperspectral imagery, GeoTerra’s comprehensive agriculture offering will provide unmatched value in the agriculture vertical.”
GeoTerraImage is also a key player in the telecoms vertical. The opportunity to use Satellogic’s multispectral imaging to identify different types of architecture and building structures at high resolution enhances the quality of network planning data products, especially where propagation of high-frequency bands is sensitive to interferences from different architectural materials and vegetation.
Mark Thompson, Director at GeoTerraImage, stated: “For telecoms, Satellogic’s high-frequency update is an advantage both in terms of the likelihood of acquiring cloud-free, usable imagery when it is needed, as well as ensuring up-to-date relevance of image content.”
Satellogic’s patented camera design uses adaptive optics to collect 10 to 20 times more data from a single satellite than any other small Earth Observation satellite. Satellogic satellites can capture images continuously when they are on top of the land and are capable of collecting more than 300,000 sq. km of data per day, significantly more than any competitor. The company continues to manufacture their own satellites and launch with SpaceX and other launch partners.