Spottitt is on the List of the TOP 100 Energy Start-ups in the World

This achievement was announced as part of the prestigious SET Award 2023 (Start-Up Energy Transition), an international competition for start-ups and young companies working on ideas affecting the global energy transition. 

Spottitt’s recognition is a testament to the company’s potential to revolutionise the energy industry and its commitment to sustainable energy solutions. 

Transformation of the energy sector is one of the most pressing issues of our time. The need to reduce greenhouse gas emissions, which are the primary cause of climate change. The need for a safe, reliable and affordable supply of energy to ensure sustainable economic growth and social development. 

We at Spottitt provide the industry with an innovative risk-monitoring and asset management solution which employs satellite data and advanced machine-learning models. And we believe this is one of the most promising technologies to help shape a clean and sustainable future for all.

The competition attracts companies from various fields, including renewable energy, energy efficiency, energy storage, and e-mobility. Going into the seventh year, this time SET analysed more than 400 start-ups from 63 countries, who applied to showcase their game-changing solutions.

Each application was first evaluated according to its business model, innovation level, market penetration, scalability, capacity to execute its strategies (finances, network, leadership) and more. Those with the highest scores were then evaluated by the high-level jury comprised of some of the most prominent and influential individuals in the energy sector.  

Read the full SET100 List 2023.

Lucy Kennedy
Lucy Kennedy

Spottitt CEO and FIRE EO Evangelist for Infrastructure

Niccolo Teodori
Niccolo Teodori

Spottitt Chief Growth Officer

Our latest news:

Spottitt Metrics Factory Advances to the Next Level

As more organizations turned to Spottitt for monitoring growing numbers of assets, we recognized that the traditional geospatial platform’s map view, which was effective for small-scale monitoring, became cumbersome when dealing with larger datasets. So, we embarked on the development of Spottitt Metrics Factory. Since its beta launch in late 2022, ten organizations from around the world have been delighting in the ability to view and interact with their asset monitoring data using the product.

vegetation height inspection, electricity grid planning, SAR sensor for land motion monitoring, methane and gas pipeline monitoring

Top 10 Myths About Satellite Images and Analytics for Asset Monitoring. Part 2

In this piece, we delve into the realm of satellite technology, focusing on the determination of vegetation height and the planning of routes for electrical distribution lines.
Additionally, we examine the algorithm that empowers open-source meters in resolution SAR sensors to measure millimeters per year of land or asset motion. We also provide an overview of the driving forces behind the application of satellite technology for monitoring methane and other greenhouse gases.

Price of satellite image, aerial image, GIS software

Top 10 Myths About Satellite Images and Analytics for Asset Monitoring. Part 1

Today, we’re going to address common myths and misconceptions surrounding satellite data and analytics. These are questions that have frequently come up from both our clients and prospects. Our aim is to provide clarity and assist you in understanding whether satellite-based asset monitoring is something you should consider for your organization.

methane monitoring EARSC

Advancing Methane Monitoring: The Role of Earth Observation in Reducing Emissions

Lucy Kennedy, the CEO and co-founder of Spottitt and Co-Chair of the Methane Monitoring Working Group at EARSC, recently moderated the session on ‘Collaborative Approaches to Methane Monitoring’.

The integration of satellite data with ground-based and operational measurements has the potential to radically transform efforts aimed at reducing methane emissions.

power grid vegetation norway sweden finland

Spottitt’s Asset Monitoring Solutions Gain Traction in the Nordics with Innoenergy’s Support

Satellite-based asset monitoring is a growing trend for utility asset management in the Nordic region. Several countries and even more energy companies are already using or actively exploring technology to mitigate critical infrastructure risks and improve O&M performance.

This article highlights Spottitt’s recent client successes in the region, made possible through Innoenergy’s support.

SAR Optical satellite images for asset risk monitoring

SAR and Optical Satellite Images for Advanced Asset Monitoring 

Among the vast array of satellite imagery options, Synthetic Aperture Radar (SAR) and Optical satellite images have gained significant attention due to their unique capabilities in asset monitoring and analytics. In this article, we will explore the immense potential of SAR and Optical satellite images and delve into the derived analytics that is revolutionizing asset monitoring across diverse sectors.