Spottitt’s digital inspection solution for critical assets is among the top applicants selected for Newchip’s exclusive accelerator. The accelerator has helped over 1,500 founders from more than 50 countries and 250 cities raise over $450 million in funding with an estimated portfolio of over $9 billion.
Newchip evaluates a vast and diverse number of seed-stage companies from around the globe, selecting only a small percentage to be part of the Seed Accelerator program. Spottitt successfully went through a careful vetting process of both the business model and the founders.
Spottitt is on a mission to make satellite analytics the norm for infrastructure owners worldwide, to monitor every cm of their assets at scale in a near real-time and sustainable way. In the last 18 months, Spottitt has delivered PoC’s with 19 new customers, among which three Fortune 500 companies, and already closed second contracts with four of them. As of August 2022, Spottitt has already doubled its 2021 revenues, effectively becoming one of the fastest-growing startups in the earth observation and geospatial analytics market.
“Being part of the Newchip Accelerator, we are looking forward to receiving support for our seed funding round, by connecting to Newchip’s global network of investors,” says Niccolò Teodori, CGO. “This will accelerate the development of our product and our expansion into new sectors and geographies.”
Spottitt Chief Growth Officer
Come to say hi and learn about how our digital inspection solution helps utility companies around the world improve their network performance and resiliency by employing high-res satellite imagery and AI technology.
Spottitt is happy to announce two winners of free Proof of Concepts (PoC). With the Spottitt MF beta program, Spottitt gave the chance to two utility network operators to get a free high-resolution analysis of 100 km of assets.
Spottitt’s digital inspection solution for critical assets is among the top applicants selected for Newchip’s exclusive accelerator. The accelerator has helped over 1,500 founders from more than 50 countries and 250 cities raise over $450 million in funding with an estimated portfolio of over $9 billion.
So you have an application or use case that lends itself to the use of SAR satellite imagery, for example flood monitoring, disaster response, illegal fishing, land and asset motion etc. You already know that the resolution and/or revisit frequency of open source SAR imagery from the likes of Sentinel-1, PALSAR, RADARSAT-1 etc. won’t meet your needs so it is time to review the offering of the growing number of providers of commercial SAR imagery.
Is it possible to inspect and protect critical infrastructure from the sky with the help of satellites? Let’s discuss this and see what are the use cases and benefits of infrastructure sector monitoring by using satellites.
Earth Observation satellites are used by utilities all over the world to increase their risk awareness and digitalise their operations. But what kind of data can satellites provide, and what are the most common use cases?
