satellite-based network risk analysis for energy and gas operators

Spottitt MF free beta program winners announcement!

Spottitt is happy to announce two winners of free proof of concepts (POCs). 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 MF is the new product that employs the latest AI technology to transform satellite data into accurate and insightful metrics on every cm of critical infrastructure. This allows asset and O&M managers to shift to risk-based monitoring at scale and boost companies’ digitalization journey. 

The winners are:

  • Axpo. Axpo is Switzerland’s largest producer of renewable energy and an international leader in energy trading and the marketing of solar and wind power. The company is driven by a passion for innovation, collaboration and impactful change.  Using cutting-edge technologies, Axpo innovates to meet the evolving needs of its customers in over 30 countries across Europe, North America and Asia. 
  • SPP-Distribucia. The company is an owner and operator of the distribution network that provides approximately 98% of the total distributed volume of natural gas in the Slovak Republic. The mission of SPP – distribúcia is the technically safe, reliable supply and, at the same time, economically efficient distribution of natural gas. The center of the company’s interest is the deepening of know-how in the field of natural gas distribution and the development of distribution assets. proof of concept

Since the start of the beta program in June, we received applications from more than 20 utility companies from 10+ countries worldwide. Among them are private and municipal, power and gas operators. The Spottitt team conducted dozens of follow-up meetings with applicants digging deeper into their expectations and making sure our product will fit their needs in the best possible way. 

Niccolo Teodori, Spottitt Chief Growth Officer: “We live in a world where climate change is causing serious performance and reliability issues for utility networks. Governments and consumers are expecting rising levels of security, reliability and performance. The launch of our Spottitt MF beta program has proven that organizations of all sizes, from all over the world, are doing their best to find new ways to get accurate and scalable monitoring of their power and gas distribution assets, in order to seriously move towards risk-based maintenance”.

In the coming days, Spottitt will start running high-resolution image capture and analyses for areas, which operators have chosen to monitor. Until the end of 2022, the winners will have access to the Spottitt MF platform, where they will be able to manipulate analytics in a way that is easy to understand, download and integrate.

We are looking forward to the start of the POC projects and are happy that more and more companies explore the benefits of satellite-based analytics to monitor and improve the resilience of their assets.

Picture of Niccolo Teodori
Niccolo Teodori

Spottitt Chief Growth Officer

Our latest news:

climate data layer gradient map

Spottitt MF Monthly Update: New Features & Enhancements

At Spottitt, we’re constantly working to enhance your experience with our analytics platform, by making data visualization and reporting more intuitive, flexible, and insightful. This month, we’re introducing several updates which give you even more control and customization.

🌍 Your Free Climate Data Now Displayed as a Gradient Layer in a Map Format
Just like our other data layers, your free climate data can now be viewed on the map in a compact gradient color format. While generating a report on how each climate parameter impacts your assets is the best way to match this data to your assets and can be nice to view these data layers – helping you assess environmental exposure at a glance.

asset risk report creation across multiple data layers

Introducing an Upgraded Spottitt MF 2.0: What’s New? Part 2.

The upgraded Spottitt platform now empowers users to customize reports in a single step, using multiple data layer types, filters, and display preferences.

Layer types refer to the specific input data leveraged for a monitoring use case.

Depending on the source data purchased through Spottitt MF, the available layer types might include but are not limited to: Optical Vegetation and Man Made Classes, Wind, Precipitation and Temperature Classes, SAR (Synthetic Aperture Radar) Land & Asset Motion Classes, Digital Elevation Data Classes.

satellite Earth Observation data for asset analysis

Introducing an Upgraded Spottitt MF 2.0: What’s New? Part 1.

As climate change intensifies and extreme weather events become more frequent and severe, it’s clear that understanding climate and weather variables is no longer just a ‘nice to have’ for asset owners. Recent disasters all over the globe, including the devastating wildfires in Los Angeles, USA, only emphasise the necessity of integrating climate and weather data into asset monitoring workflows.

Building on our past successful climate impact analytics projects, such as updating severe weather maps for SPEN, we are thrilled to announce the coming soon launch of Spottitt Metrics Factory 2.0.

Welcome to Spottitt’s Chief Technology Officer

We are thrilled to announce that Sebastian Sobocinski has joined us as Chief Technology Officer (CTO).

With a wealth of experience as a CTO, Chief Product Officer (CPO), and Software Development Director, Sebastian brings a strong background in IT project management. As he puts it, he is passionate about leveraging his extensive knowledge and skills to create value and drive impact through innovative business and technology solutions.

Spottitt Closes Investment

Spottitt Closes 800K USD Bridge Financing Round

In only 12 months since its launch, our AI-powered geospatial analytics service, Spottitt Metrics Factory, has gained significant traction and annual recurring revenue (ARR) among critical infrastructure owners.

Today, we are thrilled to announce the successful closure of an $800,000 bridge financing round.

This round has been led by US based VC fund, Right Side Capital Management, with support from our existing shareholders, KIC InnoEnergy SE, three amazing angel investors, and Spottitt founders CEO Lucy Kennedy and CFO Paolo Senes. We could not have achieved this funding milestone so swiftly and smoothly without the Qubit Capital team.

Spottitt Provides a Solution to Automatically Detect Changing Conditions on the NSW Road & Rail Network

Spottitt became Finalist in Transgrid’s Challenge for real-time insights for company’s easement route planning and Champion for Transport for NSW Challenge for tracking safety of roads and railways using satellite data.

The New South Wales network includes 6,800 route kilometres of operational rail lines and 17,600 km of state roads and highways.

TfNSW has identified Earth Observation satellites as a valuable addition to the monitoring technologies currently deployed and was looking for innovation to automatically detect changing conditions of network and potential risk modelling.