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Agreement Between Satellogic + UP42 For Direct Access To Wide-Area Hyperspectral Imagery

May 15, 2022

Satellogic Inc. (NASDAQ: SATL) has entered into an agreement with UP42 that enables direct access to Satellogic’s satellite tasking, high-resolution, multispectral and wide-area hyperspectral imagery via the UP42 API-based platform — the agreement includes the archive of high-frequency, high-resolution, Satellogic data.

Direct API access to Satellogic’s multi- and hyperspectral-data — with intraday updates — supports rapid, timely and frequent monitoring of critical assets in diverse sectors, such as energy, utilities, local government, and security. The UP42 platform’s REST API and Python SDKs can be fully customized, allowing UP42 users to build cost-effective solutions and quickly deliver end products to their clients.

The growing Satellogic constellation currently consists of 22 operational small satellites, capable of acquiring 4-band (RGB NIR) multispectral data at 70 cm. (1 meter native) spatial resolution over a 5 km. swath and up to 29-band (460-830 nm.) hyperspectral imagery at 25 meters resolution over a 125 km. swath. During pre-processing, Satellogic imagery is optimized for analysis by Machine Learning (ML) and Artificial Intelligence (AI) applications — a significant benefit for UP42 users who will have access to more than 75 ML/AI algorithms on the UP42 platform.

UP42 users will be able to apply Satellogic data sets and extracted knowledge to support projects in a range of applications spanning the public and private sectors, including Agriculture and Forestry, Energy and Sustainability, Critical Infrastructure Management, Finance and Insurance, Environment and Climate, and Government.

“This exciting new collaboration gives UP42 customers a distinct advantage in rapidly creating geospatial solutions,” said UP42’s CEO, Sean Wiid. “Users can now derive insights from Satellogic data using algorithms and data fusion via our developer-first platform.”

“Our mission of democratizing access to critical Earth Observation data means making our data available where it’s convenient for end users,” said Thomas VanMatre, VP of Global Business Development at Satellogic. “UP42 is a leading geospatial marketplace with value-added capabilities, enabling its customers to access and analyze data without extensive expertise. It is collaborations like this alliance with UP42 that will increase adoption of EO data across new markets, driving better decision making and outcomes.”

Founded in 2010 by Emiliano Kargieman and Gerardo Richarte, Satellogic (NASDAQ: SATL) is the first vertically integrated geospatial company, driving real outcomes with planetary-scale insights. Satellogic is creating and continuously enhancing the first scalable, fully automated EO platform with the ability to remap the entire planet at both high-frequency and high-resolution, providing accessible and affordable solutions for customers. Satellogic’s mission is to democratize access to geospatial data through its information platform of high-resolution images and analytics to help solve the world’s most pressing problems including climate change, energy supply, and food security. Using its patented Earth imaging technology, Satellogic unlocks the power of EO to deliver high-quality, planetary insights at the lowest cost in the industry. With more than a decade of experience in space, Satellogic has proven technology and a strong track record of delivering satellites to orbit and high-resolution data to customers at the right price point.

Filed Under: Contracts & Commercial Deals, Earth Observation & Imaging

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