UK power and gas networks look to space to provide digital asset monitoring

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.

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.

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.

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 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.