GEOINT

Satellite Data Service Market Size to Grow USD 12290 Million by 2030 at a CAGR of 12.3% | Valuates Reports

Retrieved on: 
Tuesday, March 5, 2024

The global Satellite Data Service market was valued at USD 5421.3 Million in 2023 and is anticipated to reach USD 12290 Million by 2030, witnessing a CAGR of 12.3% during the forecast period 2024-2030.

Key Points: 
  • The global Satellite Data Service market was valued at USD 5421.3 Million in 2023 and is anticipated to reach USD 12290 Million by 2030, witnessing a CAGR of 12.3% during the forecast period 2024-2030.
  • The market for satellite data services is expanding due to developments in remote sensing technology, such as satellite sensors, data analytics, and machine learning algorithms.
  • The market for satellite data services is expanding as a result of the integration of satellite data with artificial intelligence (AI) and Internet of Things (IoT) technologies.
  • The market for satellite data services is expanding as a result of the increased use of satellite communication services, such as broadband internet, satellite TV, and satellite radio.

Satellite Data Service Market Size to Grow USD 12290 Million by 2030 at a CAGR of 12.3% | Valuates Reports

Retrieved on: 
Tuesday, March 5, 2024

The global Satellite Data Service market was valued at USD 5421.3 Million in 2023 and is anticipated to reach USD 12290 Million by 2030, witnessing a CAGR of 12.3% during the forecast period 2024-2030.

Key Points: 
  • The global Satellite Data Service market was valued at USD 5421.3 Million in 2023 and is anticipated to reach USD 12290 Million by 2030, witnessing a CAGR of 12.3% during the forecast period 2024-2030.
  • The market for satellite data services is expanding due to developments in remote sensing technology, such as satellite sensors, data analytics, and machine learning algorithms.
  • The market for satellite data services is expanding as a result of the integration of satellite data with artificial intelligence (AI) and Internet of Things (IoT) technologies.
  • The market for satellite data services is expanding as a result of the increased use of satellite communication services, such as broadband internet, satellite TV, and satellite radio.

Maxar Intelligence Wins NGA Contract for Precision3D Data

Retrieved on: 
Thursday, January 4, 2024

Maxar Intelligence, a provider of secure, precise, geospatial intelligence, today announced that it received a contract to provide the National Geospatial-Intelligence Agency (NGA) with a Precision3DTM Data Suite bundle covering 160,000 square kilometers within the U.S. Indo-Pacific Command area of responsibility.

Key Points: 
  • Maxar Intelligence, a provider of secure, precise, geospatial intelligence, today announced that it received a contract to provide the National Geospatial-Intelligence Agency (NGA) with a Precision3DTM Data Suite bundle covering 160,000 square kilometers within the U.S. Indo-Pacific Command area of responsibility.
  • This is an example of the 3D terrain that Maxar creates to provide a precise, true representation of the Earth.
  • Precision3D data enhances situational awareness and decision-making, providing a precise, true representation of Earth that not only reflects the terrain in all dimensions but also provides an accurate foundation for additional data sources through Precision3D Registration (P3DR™) georegistration.
  • Under the contract, Maxar will provide the following products to NGA:

Military Makeover with Montel® Honors the Resilience and Service of Jared Bowman and Family in Upcoming Season

Retrieved on: 
Thursday, January 4, 2024

STATESVILLE, N.C., Jan. 4, 2024 /PRNewswire/ -- Military Makeover with Montel® along with Official Non-Profit Partner, Purple Heart Homes, proudly announces the next veteran recipient of a home makeover, Jared Bowman and his deserving family. Jared Bowman, a 35-year-old native of Raleigh, North Carolina, embodies resilience, dedication, and commitment to his country and loved ones.

Key Points: 
  • Jared Bowman, a 35-year-old native of Raleigh, North Carolina, embodies resilience, dedication, and commitment to his country and loved ones.
  • "Each season of Military Makeover is an opportunity to honor our heroes, weaving stories of resilience and transformation," says Scott Moss, President & EVP of Programming for Military Makeover and BrandStar Entertainment.
  • "Jared and his family could not be more deserving, and I am excited to see this renovation complete.
  • Military Makeover with Montel is honored to feature the Bowman Family as the recipients of this season's home makeover.

Norwich University Signs Multi-Year Contract with Seerist

Retrieved on: 
Tuesday, November 7, 2023

RESTON, Va., Nov. 7, 2023 /PRNewswire-PRWeb/ -- Seerist Inc., the leading augmented analytics solution for intelligence, threat, and security professionals, announced it has signed a new multi-year agreement with Norwich University, a private senior military college in Vermont, to be used by students in its educational curriculum.

Key Points: 
  • Norwich University, a private senior military college, has signed a multi-year contract with Seerist to use its threat and risk solution in its educational curriculum.
  • The organization is licensing Seerist and its Foreign Influence platform to be part of an advanced curriculum program to develop intelligence analyst candidates.
  • ), U.S. Army and Vice President of Strategic Partnerships at Norwich University.
  • "Norwich is a leading institution in cybersecurity, artificial intelligence (AI), and machine learning; functions that align with what we do at Seerist," said Jim Brooks, Seerist's CEO.

Radiance Technologies Promotes Tim Massey to Chief Growth Officer

Retrieved on: 
Thursday, October 19, 2023

HUNTSVILLE, Ala., Oct. 19, 2023 /PRNewswire/ -- Radiance Technologies (Radiance) is proud to announce the promotion of Mr. Tim Massey to Chief Growth Officer.

Key Points: 
  • HUNTSVILLE, Ala., Oct. 19, 2023 /PRNewswire/ -- Radiance Technologies (Radiance) is proud to announce the promotion of Mr. Tim Massey to Chief Growth Officer.
  • As Chief Growth Officer, he will play a pivotal role in fostering collaboration among Radiance's sectors and groups.
  • With this promotion, we are confident that his visionary leadership will continue to drive our company's growth and success," said Radiance CEO Bill Bailey.
  • Mr. Massey joined Radiance in January 2021 as the Vice President (VP) of Strategy and Operations and brings significant experience gained over a 29-year career.

Satellogic Reports First Half 2023 Financial Results and Provides Business Update

Retrieved on: 
Thursday, September 21, 2023

“As a result of slower than anticipated revenue growth, we undertook cost and spending control measures in 2023.

Key Points: 
  • “As a result of slower than anticipated revenue growth, we undertook cost and spending control measures in 2023.
  • We monitor a number of financial performance and liquidity measures on a regular basis in order to track the progress of our business.
  • We have included reconciliations of non-GAAP EBITDA and non-GAAP Adjusted EBITDA for the six months ended June 30, 2023 and 2022.
  • The Company did not incur amortization expense during the six months ended June 30, 2023 or 2022.

Spire Global Participates in Prize Challenge to Advance Measurements of Earth’s Magnetic Field with Multi-Million-Dollar Support from National Geospatial-Intelligence Agency

Retrieved on: 
Thursday, August 24, 2023

Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, was invited by the National Geospatial-Intelligence Agency (NGA) and has agreed to participate in Phase 4 of MagQuest, a prize challenge to advance how Earth’s magnetic field is measured, with multi-million-dollar prize awards.

Key Points: 
  • Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, was invited by the National Geospatial-Intelligence Agency (NGA) and has agreed to participate in Phase 4 of MagQuest, a prize challenge to advance how Earth’s magnetic field is measured, with multi-million-dollar prize awards.
  • MagQuest is a multiphase open innovation challenge designed to accelerate new ideas to increase the efficiency, reliability, and sustainability of geomagnetic data.
  • During this phase of the challenge, Spire will design, develop and launch a satellite that will provide a novel approach to geomagnetic data collection for the World Magnetic Model (WMM).
  • The results of MagQuest will inform NGA’s acquisition strategy for a WMM global magnetic field data collection capability, with an expected data procurement that can provide operational capacity by 2027.

National Geospatial Intelligence Agency Selects Recent NV5 Acquisition Axim Geospatial for Geospatial Contract Valued Up to $900 Million

Retrieved on: 
Wednesday, June 14, 2023

GEO-SPI B is a seven-year, multi-award contract vehicle valued up to $900 million and focused on delivering trusted geospatial intelligence (GEOINT) to NGA’s Analysis and Source Directorates.

Key Points: 
  • GEO-SPI B is a seven-year, multi-award contract vehicle valued up to $900 million and focused on delivering trusted geospatial intelligence (GEOINT) to NGA’s Analysis and Source Directorates.
  • The GEO-SPI B award is Axim Geospatial’s largest contract win to date.
  • GEO-SPI B is the follow-on contract to NGA's Multi-Intelligence Analytics and Collection Support Services (MACSS) contract, the largest geospatial staff augmentation program in the agency.
  • Under the GEO-SPI B contract, Axim will apply domain expertise, automation, and innovative solutions to improve outcomes and enhance NGA performance across multiple mission sets.

True Anomaly Scales its Brand and Message with Expanded Washington, D.C., Presence

Retrieved on: 
Thursday, June 1, 2023

CENTENNIAL, Colo., June 1, 2023 /PRNewswire/ -- True Anomaly, Inc., the company revolutionizing space security and sustainability, announced today it has made three new hires across policy, communications, and government affairs. Katie Wall joined as Director of Government Affairs, Valerie Vasquez as Director of Strategic Business Development, and Kristin Quinn Cody as Director of Communications. 

Key Points: 
  • "We're thrilled to have Valerie, Katie, and Kristin on the True Anomaly team.
  • All three have proven track records in commercial space and deep tech to accelerate business growth across the private and public sectors," said True Anomaly co-founder and CEO Even Rogers.
  • At True Anomaly, Wall will represent company interests with the White House, federal departments and agencies, and Congress.
  • Cody will articulate the role True Anomaly's technology will play in ensuring global security and a safe, sustainable space domain.