Satelytics

Satelytics is a cloud-based geospatial analytics software suite that focuses on providing timely, actionable alerts to its industrial customers in the oil & gas, power, mining, and water/wastewater sectors. The company analyzes terabytes of imagery to produce actionable insights, aiming to direct field teams to address operational anomalies before they cause extensive environmental damage and additional operational costs.

Satelytics ingests multispectral or hyperspectral imagery gathered from satellites, aerial platforms, or fixed cameras, then processes these large data sets with algorithms designed to hunt for specific spectral signatures that indicate a problem. The company offers alerts on various issues including hydrocarbon leaks, saltwater leaks, methane leaks, encroachment threats, land movement, remediation progress, vegetation growth/health/speciation, water quality/chemistry, chemical constituents on land, and thermal changes.

Founded in 2015 and headquartered in the United States, Satelytics received a $5.00M Venture Round investment on 23 June 2020 led by BP Ventures.

With its ability to scale with business needs, Satelytics offers a cost-effective solution to analyze a variety of business interests with a single dataset. The company’s approach ensures that the cost to the customer remains consistent, regardless of the number of algorithms run or the recipients of the alerts.