Satelytics

Satelytics is a software company that specializes in geospatial analytics for early detection, location, and quantification of various challenges faced by its customers. The company's core technology utilizes advanced artificial intelligence algorithms to analyze multispectral and hyperspectral imagery data from various sources, including satellites, drones, aircraft, and stratospheric balloons. Satelytics' platform processes petabytes of data to isolate spectral signatures within image pixels, enabling the detection of issues such as liquid leaks, land movement, methane emissions, chemical contamination, and wildfire-related risks.

The company's AI-powered algorithms provide early detection and alerts with specific information on location and severity, helping customers minimize risks, avoid escalating costs, and reduce environmental impacts. Satelytics' cloud-based platform, satelytics.io, renders the analyzed data into interactive displays, alerts, and visualizations accessible on various devices without user license fees. In June 2020, BP invested USD 5 million in Satelytics through its venture capital arm, recognizing the company's potential in methane leak detection.

One of Satelytics' applications is in the natural gas industry, where its AI-powered platform surveys large areas of infrastructure to identify potential leak locations. This approach allows for more targeted ground investigations, saving time and resources compared to traditional survey methods. The company's technology also finds use in shoreline management and hydroelectric power generation, helping utilities monitor lakes and reservoirs for issues such as land disturbances, vegetation clearing, and construction activity.