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by Airbus Defence and Space and Spectrum.
Airbus Defence and Space and seismic multi-client acquisition and imaging specialist Spectrum Geo have launched a 2D seismic and seep study programme for the Porcupine Basin, just ahead of the Irish Licensing Round.

Issues and Needs

This joint analysis correlates natural oil seeps identified from radar satellites with 2D seismic data to assist hydrocarbon exploration in this region and is set to provide additional insight into the prospectivity of Irish waters. The analysis draws on the expertise of the individual partners, combining Spectrum Geo’s sub-surface seismic information with Airbus Defence and Space’s surface seeps data.

Prior to exploration , oil companies need to review as much information as possible relating to the prospectivity within a region… using the most cost-effective and accurate methods available
Fig. 14,000 km reprocessed 2D seismic data complementing the 2D seismic data acquired by PAD (Petroleum Affairs Division)

Solution

Example of oil slick identified in the region Spectrum has reprocessed 14,000km of regional 2D seismic data, complementing preceding surveys and integrating gravity, magnetics and well data. An updated extract from the Airbus Defence and Space Global Seeps Database provides sea surface slick locations together with confidence levels based on the analysis of multi-temporal satellite radar data. Results are encouraging with a strong correlation between higher confidence slicks and seismic features

Results & Perspectives

These results will offer a new perspective on the hydrocarbon potential in the region, supporting both the ongoing licensing round and future exploration.

Related Info

The Spectrum group provides innovative Multi-Client seismic surveys and high-quality Seismic Imaging services to the global oil and gas industry from offices in Norway, UK, USA, Brazil, Egypt, Australia, Indonesia and Singapore.
About Airbus Defence and Space

Airbus Defence and Space is a division of Airbus Group formed by combining the business activities of Cassidian, Astrium and Airbus Military. The new division is Europe’s number one defence and space enterprise, the second largest space business worldwide and among the top ten global defence enterprises. It employs more than 38,000 employees generating revenues of approximately €13 billion per year.

www.geo-airbusds.com
info@astrium-geo.com
Twitter: @AirbusDS_GEO
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(Oberpfaffenhofen, 29 June 2015) The CloudEO Going Live Challenge awards proposals for EO-related products and services that are ready to be tested and implemented with a prize package worth EUR 10,000

The tremendous amounts of data produced by the European Earth observation programme Copernicus and its Sentinel satellites hugely benefit science and public authorities and open the door to countless products and applications in a wide array of business sectors.

The annual Earth Monitoring competition Copernicus Masters initiated to aid visionary entrepreneurs in bringing their innovations to market.

Its CloudEO Going Live Challenge is now calling for proposals for EO-related products and services that are ready to be tested and implemented. Areas of special interest include ice detection, agriculture & forestry, oil, gas & mining, maritime, and radar applications. Entrants are invited to submit a concrete plan for using CloudEO’s ecosystem to transform partially or fully developed applications based on Earth observation data into operational commercial services. After an initial evaluation by an expert panel, the top three contestants will be rewarded with the opportunity to conduct a reality check trial at the CloudEO Living Lab along with relevant user communities and potential future customers.

CloudEO is offering a powerful cloud-based hard- and software infrastructure, access to great data, an easy-to-use collaboration platform, sophisticated streaming services, a web store as a marketing tool, and CloudEO’s coaching and matchmaking support. The best service implementation will be awarded as the winner of the Copernicus Masters CloudEO – Going Live Challenge with a prize package worth up to EUR 10,000.

The winner of the challenge is also running for the overall winner – the Copernicus Master – who will receive (along with their challenge prize) EUR 20,000 in cash and a satellite data package worth a further EUR 60,000, which is being provided with the financial support of the European Commission.

The Copernicus Master CloudEO The Going Live Challenge is open for online submission until the 13th July this year.

All winners will be announced on 20 October 2015 and recognised as part of a festive awards ceremony in Berlin.

Related links:

Anwendungszentrum GmbH Oberpfaffenhofen – an experienced organiser

AZO has been carrying out the Copernicus Masters competition on behalf of ESA since 2011. By leveraging its extensive experience as a specialist in building and maintaining global innovation networks and organising related competitions, the company supports product innovations and the creation of new businesses, particularly in the field of commercial aerospace applications. www.anwendungszentrum.de

Using Pléiades data, Airbus Defence and Space and CIPAC produced a map of the sports facilities in Port Moresby, in advance of the XV Pacific Games

Port Moresby, the capital of Papua New Guinea, is hosting the XV Pacific Games from 4th to 18th July, 2015.

The city has invested heavily in refurbishing, building and developing its facilities to hold the competition which covers 28 sporting disciplines.

The recent Pléiades image captured on 2nd June 2015 shows the facilities ready to receive the sportsmen and sportswomen and their supporters. The map produced shows the locations of the sports sites and tourism hotels.


© Cnes 2015, Distribution Airbus DS

Based in New Caledonia, CIPAC (Compagnie Industrielle du Pacifique) distributes Airbus Defence and Space products and services over the entire South Pacific area, in particular Pléiades and SPOT 6/7 data.

Full image can be downloaded with or without captions

Spacemetric announced early this year 2015 that the Board of Directors has appointed Mikael Stern as Group CEO and member of the Board of Directors effective immediately. Mikael was previously Senior Vice President Corporate Strategy at BlackBridge, Berlin, operators of the RapidEye constellation, and prior to this held a range of senior posts at SSC, Sweden, including several years General Manager, Satellite Management Services.


“As we enter a new era of incredible growth and innovation in the geomatics industry, there is no better person to lead Spacemetric,” said Lars Edgardh, Spacemetric Founder and Member of the Board of Directors. “Mikael is a proven leader with hands-on management skills, business vision and the ability to bring people together. His vision for how technology will be used and experienced is exactly what Spacemetric needs as the company enters its next chapter of expanded ambitions and growth.”

At SSC, Mikael steered his division to be by far the largest contributor to SSC’s 130MUSD annual revenues, and to become the world’s largest ground station network of its kind. During his leadership the division went from being a local satellite reception station to a global network of organisations offering satellite data reception and control services.

“Spacemetric is one of those rare companies with revolutionary technical solutions, and I couldn’t be more honored to have been chosen to lead the company,” Stern said. “The opportunity ahead for Spacemetric is huge, but to seize it, we must focus clearly, move faster and continue to transform and grow. A big part of my job is to increase our ability to bring innovative solutions to many more customers.”

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Sentinel-2A is the first optical Earth observation satellite in the European Copernicus programme. On Tuesday, 23 June at 03.51:58 am CEST (22 June at 10.51:58 pm local time), a Vega launcher took off from the spaceport in Kourou, French Guiana, carrying the satellite developed and built under the industrial leadership of Airbus Defence and Space for the European Space Agency (ESA).


  • Satellite built by Airbus Defence and Space to add colour to the Copernicus programme through multispectral instrument that provides unique image quality
  • Laser-based data transmission via new SpaceDataHighway

After just over one hour, the solar panel needed to supply energy was extended and Sentinel-2A successfully reported in ‘for duty’. The 1.1 tonne satellite has been designed to operate for at least 7 years and 3 months in a polar orbit around 780 kilometres above the Earth.

“The outstanding performance capabilities of Sentinel-2’s multispectral instrument along with its rapid data transmission ability will soon be available, marking a major step forward in satellite-based Earth and environmental observation,” said François Auque, Head of Space Systems at Airbus Defence and Space.

The Sentinel 2 mission will contribute to the management of food security by providing information for the agricultural sector. It will also enable the condition of and changes in land surfaces to be mapped and forests worldwide to be monitored. Also the mission will provide information about the pollution of lakes and coastal waters. Images of floods, volcanic eruptions and landslides will aid the production of disaster maps and facilitate humanitarian aid activities.

The mission is based on a constellation of two identical satellites, Sentinel-2A and Sentinel-2B. Sentinel-2B will be launched in 2016 into the same orbit, but it will be 180°apart. It will take both satellites five days to cover the Earth between the latitudes of 56° south and 84° north, thus optimising the global coverage zone and data transmission for numerous applications. Sentinel-2B is being worked on in the cleanrooms of Airbus Defence and Space and will be ready for launch in 2016.

The imaging instrument, which uses 13 spectral channels ranging from the visible to the infrared, delivers high-resolution multispectral images of the Earth’s surface with a resolution of up to 10 metres at an image width of 290 kilometres. This extremely large scanning width results in wider coverage, while at the same time, the advanced instrument provides an unprecedented level of detail.

Sentinel-2 is also capable of using another ESA programme, the European Data Relay System (EDRS). EDRS will be a network of laser communication payloads on geostationary satellites and low Earth orbit satellites. The system is also known as The SpaceDataHighway and will provide secure and fast communication services for the Sentinel-1 and Sentinel-2 satellites. It will ensure the timely availability of data particularly for time-critical applications such as environmental monitoring, emergency response and security missions.

Thanks to its ability to produce colour imaging for Copernicus, Sentinel-2A perfectly complements the radar imaging provided around the clock and in all weather conditions by the first Sentinel satellite, Sentinel-1A, which was launched on 3 April 2014. Sentinel-1A carries a C-band radar instrument built by Airbus Defence and Space.

The Sentinel-2 mission has been made possible thanks to the close collaboration between ESA, the European Commission, industry, service providers and data users. Its development has involved around 60 companies, led by Airbus Defence and Space in Germany for the satellites and Airbus Defence and Space in France for the multispectral instruments, while Airbus Defence and Space in Spain is responsible for the mechanical satellite structure.

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UrtheCast to acquire ownership and operation of the Deimos-1 and Deimos-2 satellites, satellite operations and their global archive.

VANCOUVER, June 22, 2015 /PRNewswire/ – UrtheCast Corp. (TSX:UR) (“UrtheCast” or the “Company”), today announced that its subsidiary has entered into a definitive agreement with Elecnor, S.A. (“Elecnor”) to acquire Elecnor’s Earth Observation business dba Deimos Imaging (the “Acquisition”) for an aggregate price of €74.2 million, subject to customary working capital adjustments, with €69 million due at closing and €5.2 million to be paid over the next five years. To carry out the Acquisition, UrtheCast’s wholly-owned subsidiary, UrtheCast International Corp., has entered into a share purchase agreement with Elecnor and Deimos Space, S.L.U. to acquire the outstanding shares of Deimos Imaging, S.L.U. and DOT Imaging, S.L.U. (collectively, “DOT-Deimos”). DOT-Deimos owns and operates two satellites, Deimos-1 and Deimos-2. Subject to satisfaction of certain customary closing conditions, the Acquisition is expected to close on or before August 21, 2015, along with the execution of certain ancillary agreements.

“This is an incredible acquisition that epitomizes technological and operational synergy,” explained Scott Larson, UrtheCast Co-founder and Chief Executive Officer. “By adding these satellites to our suite of sensors available via our web platform, significantly expanding our space operations capability – important for our recently announced SAR and Optical constellation – and merging our business development, UrtheCast is rapidly accelerating its mission to democratize Earth Observation imagery, and bring a unique dataset and distribution model to customers and users that up until now, has not been available anywhere in the marketplace.”

Acquired Business

The acquired business of DOT-Deimos comprises the Earth Observation (“EO”) satellite and imagery business of Elecnor, a publicly traded Spanish engineering and infrastructure company, which has been producing imagery since the launch and commissioning of the Deimos-1 satellite in 2009. The business consists of, among other things, the ownership and operation of the Deimos-1 and Deimos-2 EO satellites and the collection, storage, processing, analysis, distribution and licensing of the EO imagery captured by these and other satellites. DOT-Deimos has an established customer base across Europe and Latin America, including the European Space Agency (“ESA”), European governmental agencies and commercial customers in the agricultural, forestry and land use industries, among others. Currently, DOT-Deimos has approximately 50 employees with expertise in the EO industry. Upon closing the Acquisition, UrtheCast will also own the full imagery archive utilized by the acquired business, which currently consists of approximately 6.5 billion square kilometres.

Fabrizio Pirondini, Deimos Co-founder and Chief Executive Officer, added: “This is a superb opportunity for all involved, and opens up a world of possibilities for our respective sales teams. The sale of EO data and value-added services is at the core of our operations, such that our synergies and objectives for this acquisition are perfectly aligned.”

The Deimos-1 satellite was launched in 2009 and provides 22-metre resolution images at 10 bits with a swath width of 650 kilometres. Deimos-1 has a collection capacity of more than 5,000,000 square-kilometres per day, with a three-day average revisit time worldwide. The Deimos-2 satellite was launched in 2014 and provides 75 cm pan-sharpened images with a swath width of 12 kilometres. Deimos-2 has a collection capacity of more than 150,000 square-kilometres per day, with a two-day average revisit time worldwide.

The combination of UrtheCast and DOT-Deimos is expected to allow UrtheCast to accelerate its own strategy. UrtheCast believes this will be achieved through the use of Deimos’ imagery archive on UrtheCast’s web platform, distributing fresh imagery through UrtheCast’s established distribution channels, customers and web platform, leveraging each company’s established relationships and building upon each other’s infrastructure.

In addition, UrtheCast and Deimos Space have signed a Mutual Cooperation Agreement that will allow both companies to look for opportunities in the market for the benefit of both companies. Deimos Space will be the exclusive provider for receiving stations for the Deimos-1 and Deimos-2 satellites. Also, under this agreement, the companies will work together on UrtheCast’s recently announced optical and SAR satellite constellation in the areas of the headquarter mission control centre, direct tasking and receive ground stations, mission analysis and flight dynamics, and in the integration and testing of the SAR payloads.

Conference Call and Webcast Information

UrtheCast will hold a conference call on June 22, 2015 at 4:30 p.m. ET. To access this conference call, please dial (416) 695-7806 or (888) 789-9572 and use the pass code 9618732. An archive of the conference call will be available on our website the following day.

Advisors

Raymond James Ltd. has acted as financial advisor to UrtheCast in connection with the Acquisition and has provided a fairness opinion to the Board of Directors.

About UrtheCast Corp.

UrtheCast Corp. is a Vancouver-based technology company that is developing the world’s first Ultra HD video feed of Earth, streamed from space in full color. Working with prominent aerospace partners from across the globe, UrtheCast has built, launched, installed, and will soon operate its Ultra HD video camera, Iris, on the ISS alongside its Medium Resolution Camera (“MRC”) which reached Initial Operation Capability (“IOC”) in 2014. Video and still image data captured by the cameras will be downlinked to ground stations across the planet and displayed on the UrtheCast web platform, or distributed directly to partners and customers. UrtheCast’s cameras will provide Ultra HD video and still imagery of Earth that will allow for monitoring of the environment, humanitarian relief, social events, agricultural land, etc. Common shares of UrtheCast trade on the Toronto Stock Exchange as ticker ‘UR’.

For more information visit UrtheCast’s website at www.urthecast.com.

About UrtheCast’s high-resolution camera Iris

UrtheCast’s High-Resolution Camera, Iris, is a multispectral imager mounted on a bi-axial pointing platform that provides a pitch/roll pointing capability to image points between ±52 degrees latitude. This allows it to capture full-color video sequences that are approximately 1m GSD and approximately 60 seconds in length through a wide range of oblique-look angles. The image size for the Video is approximately 5.5 × 3.5 km.

About UrtheCast’s medium-resolution camera Theia

UrtheCast’s MRC, Theia, is a conventional linear Charge-Coupled Device (CCD) pushbroom camera. It produces strips of medium-resolution, 4-channel multispectral imagery with a GSD of approximately 5m and a swath width of approximately 50km. Theia’s daily collection capability is approximately 29-million km².

Forward Looking Information

This release contains certain information which, as presented, constitutes “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information involves statements that relate to future events and often addresses expected future business and financial performance, containing words such as “believe”, “expect”, and “intend”, statements that an action or event “may”, “might”, “could”, “should”, or “will” be taken or occur, or other similar expressions and includes, but is not limited to, statements about the closing of the Acquisition and the satisfaction of closing conditions required therefor, the ability of UrtheCast to finance of the Acquisition, the expected benefits of completing the Acquisition, the expected lifetimes of the Deimos-1 and Deimos-2 satellites, UrtheCast’s expectations with respect to the operations of UrtheCast and Deimos following closing of the Acquisition, commissioning of Iris, plans to operate camera components on, and stream video footage from, the ISS, proposed image and video product offerings, expectations regarding the growth of commercial operations and expected partners and customers to distribute such products. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of UrtheCast to control or predict, and which may cause UrtheCast’s or Deimos’ actual results, performance or achievements to be materially different from those expressed or implied thereby, including, but not limited to, UrtheCast, Elecnor or Deimos Space Imaging, S.L.U. being unable to satisfy the conditions to closing the Acquisition, UrtheCast not realizing the expected strategic benefits of the Acquisition, undisclosed liabilities of the acquired business of DOT-Deimos, risks related to integration of UrtheCast and the acquired business of Deimos, risks related to the increased indebtedness of UrtheCast following payment of the purchase price of the Acquisition, the inability of UrtheCast to finance the purchase price of the Acquisition, risks related to the potential for regulatory review and unwinding of the Acquisition, risks related to the provision of Elecnor or its affiliates of transition services following completion of the Acquisition or their termination of such services, damage which may have occurred to UrtheCast’s cameras during launch or installation, delays in the Iris commissioning process, unexpected changes in Russian, Canadian or European government policies, as well as those factors discussed in the Company’s annual information form dated March 20, 2015, (the “AIF”) and the Company’s amended and restated short form base shelf prospectus dated May 11, 2015 (the “Prospectus”) which are available under UrtheCast’s SEDAR profile at www.sedar.com. Forward-looking information is developed based on assumptions about such risks, uncertainties and other factors set out herein, in the AIF and Prospectus, and as otherwise disclosed from time to time on UrtheCast’s SEDAR profile. Forward-looking information is developed based on assumptions about such risks, uncertainties and other factors set out herein, in the AIF and Prospectus, and as otherwise disclosed from time to time on UrtheCast’s SEDAR profile. UrtheCast undertakes no obligation to update forward-looking statements except as may be required by applicable Canadian securities laws. Readers are cautioned against attributing undue certainty to forward-looking statements.

SOURCE UrtheCast Corp.

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Techvibes
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(16 June 2015) EOMAP Asia Pacific today launch the most up-to-date and detailed data set for the islands in South China Sea, generated by groundbreaking Satellite Derived Bathymetry techniques.

The islands of the South China Sea are several hundred km away from the nearest coast and are surrounded by water deeper than 1000m, which is assumed to hold extensive of oil and gas reserves. The area is a disputed territory of several countries within the Asian region. Data about the underwater topography are outdated or not accessible.

Instead of relying on acoustic or airborne methods to map the over 250 islands, atolls, cays, shoals, reefs and sandbanks, EOMAP used satellite image technologies, a rapid and cost effective solution. With EOMAP having mapped the Great Barrier Reef of Australia, the Mexican Riviera Maya and the Persian Gulf this is the next big step towards an increasing and updated bathymetric database, which is offered to commercial and governmental clients both alike.

A.S. Mittal, CEO EOMAP Asia Pacific commented, that “Such techniques from satellite allow us to map these islands from space and provide options for continuous mapping at regular intervals. We will continue to monitor these areas for changes and provide such detailed reports to anyone who subscribes to our monitoring services. “

The data are available in a 15m bathymetric grid and on request in a 2m or even sub meter grid using the most recent satellite imagery. With the clear water conditions of the South China Sea water depth up to the 25m contour line could be mapped. This is actually the depth range which is of particular importance for navigation.

Dr. T. Heege, CEO EOMAP summarizes, that EOMAP’s bathymetric database has now extended to another important region of the world. Client’s benefits are obvious, rapid up-to date bathymetry maps with a very attractive pricing.”

EOMAP is the world leader in aquatic remote sensing services, notably using optical sensors to derive bathymetry, seafloor and water quality products.

Pioneering in the field of satellite-derived high resolution water quality and bathymetry, EOMAP solutions rely on standardized physical models which are independent of scale, sensor type, and geographic location. EOMAP has received several awards from the COPERNICUS program of the European Commission and ESA (European Space Agency) for its work on making affordable aquatic remote sensing products for industry and the public sector.

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(Munich, 11/06/15) The quality of satellite imagery is improving year by year, to the point where it is now possible to read signage and see line markings clearly. Not only has there been an improvement in visual resolution now satellites like WorldView-2 and WorldView-3 are delivering imagery in 8 spectral bands, more than the eye can see.

To take advantage of these developments European Space Imaging is offering the High-Res Urban Challenge as part of this year’s Copernicus Masters focused on European Large Urban zones. Participants could potentially win a valuable data package of satellite imagery worth 20,000 Euro.

This year’s Challenge is looking for innovators who want to use satellite imagery in their ground-breaking product or solution. To help creators test and prove their ideas a sample data package of almost cloud-free, 40 cm, 8-band, WorldView-2 imagery is available for registered participants.

By offering participants the opportunity to trial real data in their solutions we hope to assist the development of quality, functioning products in which an essential element is very high-resolution satellite imagery, “ says Michaela Neumann, Director Sales and Marketing at European Space Imaging. “We encourage all developers to put their hat into the ring with their solutions. Previous participants have been very happy with the outcomes.”

European Space Agency (ESA) supports the prize for the Copernicus Masters each year, which means that all participants have two chances to win. Each individual challenge winner automatically goes into the pre-selection to become the Copernicus Master for 2015.

The European Space Imaging High-Res Urban Challenge is open for applications until the 20th July this year.

For more info and to sign up for the challenge visit: http://eusi.copernicus-masters.com/

About European Space Imaging
European Space Imaging is the leading supplier of very high-resolution (VHR) satellite imagery across Europe and North Africa. They operate a multi-mission capable ground station, enabling optimised collection strategies, flexibility and real-time weather assessments. Since 2002 European Space Imaging has continued to provide imagery from the most advanced VHR satellites available and services to customers throughout their region.

(03rd June 2015) Monitoring water quality for inland and coastal waters is a requirement for many government and private sector entities. This requirement includes identifying long-term trends and understanding emerging problems over large areas that contain numerous water bodies – all to be done in near real time.

To satisfy this requirement EOMAP GmbH & Co. KG, a leading provider of aquatic remote sensing solutions, has now launched the world’s first harmonized, high-resolution monitoring service for inland and coastal waters, with water quality information directly accessible online through the eoApp web application.

The service is supported by data from a fleet of satellite sensors and uses proprietary, state-of-the-art physics-based processing technologies. The base product suite includes water quality parameters such as turbidity, chlorophyll concentrations and organic/inorganic components, all delivered and displayed in digital map form. These information products and services can be generated for any location worldwide. These products and services are standardized, inter-comparable and independent, and do not require any form of ground truth data.

Dr. Jens Arle, Federal Environmental Agency of Germany (UBA), commented that: “this new capability will significantly improve the comprehensive overview of inland water bodies. The temporal sampling rate and the spatial coverage provide relevant information which can substantially support the assessment of surface waters under the Water Framework Directive. The possibility to use detailed time series going back as far as 30 years in time is expected to provide a new and much more detailed view on long term trends of water quality especially for the large number of water bodies which were not or only partly covered by the monitoring programs in the past.”

“Our remote sensing-based service sets the new standard for monitoring inland water systems, of almost any size, in their entirety, regardless of geo-political boundaries – at very competitive rates – with sampling frequencies of daily to weekly and at spatial resolutions of 2 m, 30 m and 500m”, explains Karin Schenk, head of EOMAP Water Quality Services.

EOMAP has received several awards from the COPERNICUS programme of the European Commission and ESA (European Space Agency) for its work on making affordable aquatic remote sensing products available to industry and the public sector. Indeed, the EOMAP eoApp Web application provides an easy access to spatial water quality information and enables detailed time series analysis going back for decades in time.

Published online on, eoApp displays water quality data examples from various countries and continents (Europe, Africa, Asia, Australia, North and South America) and demonstrates the harmonized and global coverage of the service, covering thousands of lakes, dams and rivers.

“This entrepreneurial spirit and drive of innovation fosters the sustainable market development for space-based services, in particular those relying on precise and easy accessible earth observation data. It is exciting to realize that the EOMAP technology is also ready to immediately incorporate the current and future Sentinel satellites into these operational services” added Dr. Thomas Beer, Copernicus Policy Coordinator at European Space Agency.

Since the satellites used are already operating with global coverage, this new EOMAP inland water quality monitoring service is ready to be deployed worldwide, whether at local, regional or even continental scales.

“With our new service, harmonized water quality information has never been easier and faster to access or incorporate into the business workflows of water agencies and industries such as dredging, desalination or aquaculture“, said Dr. Thomas Heege, EOMAP CEO.
bq. “Access and analysis of aggregated global water quality information, whether through the easy-to-use eoApp Web application or delivered directly into a user’s information environment, enables an improved understanding and management of all inland waters, which ultimately are so important to both our environment and society”.

References:

Source EOmap

Paris, Washington D.C., Montreal, Yokohama, May 7, 2015 – According to Euroconsult’s newly released report, Earth Observation Requirements & Solutions in Latin America, the Latin American Earth observation market is undergoing significant expansion brought about by growing demand for Earth observation data and services, and governments’ growing investment into the application to support this demand and help to develop national Earth observation industries. In this regard, the region is considered one of the most dynamic markets globally.

As of 2014 combined national investment into Earth observation systems developed is $193 million. This number is expected to increase substantially as further countries in the region are expected to invest in the application, and current investing countries expand their satellite portfolios. Consequently, the number of Earth observation satellites launched from Latin American programs is anticipated to grow to more than 25 over the coming decade, compared to just six launched in the last ten years.

Demand for Earth observation data has also increased significantly. “The data market in Latin America is estimated at $145 million in 2014; nearly half of all data sales are attributed to the defense sector, with natural resources monitoring, infrastructure and engineering, and energy following,” said Ricardo Topham, Consultant at Euroconsult and editor of the report. “Brazil represents the largest national market, totaling a third of all data sales, followed by Mexico.”

Demand is foreseen to continue to grow strongly, with a 10% CAGR forecast over 2014-2024, leading to a $355 million commercial data market. Multiple factors are expected to support this growth:

  • Robust demand from defense. Although impacted by the gradual increase of national proprietary systems, this supply is not expected to fulfill all regional demand for image intelligence solutions.
  • Demand in natural resources mainly related to national forest monitoring programs, especially in Brazil and Mexico, although countries such as Argentina, Chile, and Colombia are also increasing demand for forestry and agriculture.
  • Infrastructure and engineering demand driven by Brazil and Mexico and their plans to invest billions of dollars in development projects over the next decade. Colombia and Chile are also foreseen to undertake projects to update road networks and public transport infrastructure.
  • Demand in the energy (oil, gas, minerals) sector, mainly in Brazil, Mexico, and Chile. Countries will be effected in the short to medium term related to the drop in oil prices; however the region remains resources-rich with new ventures expected to emerge.

About The Report

Earth Observation Requirements & Solutions in Latin America gives a 360° view of the market, exploring the underlying development dynamics in the region, the Latin American space sector, supply (both upstream and downstream) and demand for Earth observation data, along with profiles of the largest regional markets. The report includes assessments of key vertical markets along with country-specific profiles.

About Euroconsult

Euroconsult is the leading global consulting firm specializing in space markets. As a privately-owned, fully independent firm, we provide first-class strategic consulting, develop comprehensive research and organize executive-level annual summits for the industry. With 30 years of experience, Euroconsult is trusted by 600 clients in more than 50 countries. Euroconsult is headquartered in France, with offices in the U.S., Canada and Japan.

PRESS CONTACT
Andrew Smith
+1 (514) 903-1001
smith@euroconsult-na.com

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