Monday, 05 August 2019 10:23

Kleos Space, EarthLab ink agreement on commercial applications development

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Kleos Space, EarthLab ink agreement on commercial applications development Image Somchai Som, FreeDigitalPhotos.net

Luxembourg-based space technology operator Kleos Space has signed a binding MOU with environment monitoring centre EarthLab to examine collaboration opportunities for the use of Kleos RF Reconnaissance and Geolocation data for the insurance sector.

EarthLab was the first European centre established for environment monitoring dedicated to industrial and environmental risk.

With partners Telespazio France, e-GEOS, the wholly state-owned postal and telecommunications company, POST Luxembourg and the SME HITEC Luxembourg, it provides earth observation, geo-spatial information and risk assessment data analytics to improve operational and strategic decision making for the insurance, reinsurance and investment fund industries.

Kleos CEO, Andy Bowyer said, “The MOU with EarthLab is a good example of the ability for Kleos data to be used as a valuable confirmation data source. This is part of our strategy of commercialising and verifying our satellite data with leading companies over different sectors.

“Kleos’ geolocation and activity-based intelligence data has the ability to provide EarthLab with highly valuable geolocation verification data that will assist in substantiating the correlation and consistency of their other data sources and analytics platforms.”

“The MoU signed with Kleos is an excellent opportunity for EarthLab to collaborate with a local Luxembourger actor on earth observation data processing,” said EarthLab’s general manager, Thomas Friederich.

“It is part of the development strategy of our fast-data AI powered platform to offer advanced analytics and access to new sources of data.

“This strategic alliance between two innovative start-ups will make possible to develop new business opportunities and benefit from increased communication on the European market. It is also an opportunity to demonstrate the potential and dynamism of Luxembourg's space sector.”

Kleos and EarthLab say they aim to utilise geolocation and activity-based intelligence data from the Kleos’ Scouting Mission and further Kleos satellite launches to enhance EarthLab’s geospatial intelligence analytics, allowing EarthLab to verify radar detections and optical observations.

As reported by iTWire last month, Kleos Spacehas announced that its scouting mission satellite launch period has been extended to October this year by launch provider Rocket Lab, with planned second mission be foto cused on delivering enhanced coverage of the earth closer to the equator.

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Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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