About Orbital Insight
Orbital Insight develops an artificial intelligence (AI)-powered geospatial analytics platform. It uses artificial intelligence (AI) to analyze satellite imagery, mobile location data, and other sources of geospatial data. It helps governments and businesses track things like deforestation, illegal mining, supply chains, logistics, and more. The company was founded in 2013 and is based in Palo Alto, California.
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ESPs containing Orbital Insight
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The geospatial analytics market involves the use of technology to analyze and interpret data related to geographic locations. This includes satellite imagery, aerial photography, and other geographic information system (GIS) data. The market offers solutions for a variety of industries, including insurance, agriculture, oil & gas, mining, and supply chain management. Geospatial analytics can provi…
Orbital Insight's Products & Differentiators
Orbital Insight GO
The GO platform pulls information from the world’s sensors— including satellite, aerial, AIS, and IoT devices—to analyze economic, societal and environmental trends at scale. To do this Orbital Insight offers a flexible platform infused with artificial intelligence to let customers query the planet and hunt for insights to be displayed visually or delivered through an API.
Research containing Orbital Insight
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CB Insights Intelligence Analysts have mentioned Orbital Insight in 6 CB Insights research briefs, most recently on Jun 1, 2023.
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Orbital Insight Patents
Orbital Insight has filed 15 patents.
Machine learning, Artificial neural networks, Synthetic aperture radar, Classification algorithms, Transiting exoplanets
Machine learning, Artificial neural networks, Synthetic aperture radar, Classification algorithms, Transiting exoplanets
Latest Orbital Insight News
Nov 28, 2023
The U.S. geospatial imagery analytics market is estimated to reach $8.38 billion in 2033, reveals the premium market intelligence study. The study also highlights that the market is set to witness a CAGR of 3.19% during the forecast period 2023-2033. The factors attributing to the growth of the market include the rise in the adoption of emerging technologies, increasing demand for small satellites, and the overall growth of the U.S. geospatial imagery analytics market. The U.S. geospatial imagery analytics market has experienced remarkable growth in recent years due to the increasing use of geospatial technologies in various industries such as transportation, agriculture, maritime, and defense. The widespread adoption of artificial intelligence (AI), machine learning (ML), and cloud computing geospatial technologies led to the growth of geospatial imagery analytics in the U.S. Regional organizations are consuming large amounts of data generated through remote sensing, geographic information systems (GIS), global positioning systems (GPS), and internal mapping technologies. For instance, in February 2023, IBM and the National Aeronautics and Space Administration (NASA)’ Marshall Space Flight Center signed a collaboration to use artificial intelligence (AI) to process geospatial data quickly. The partnership includes the integration of AI with large datasets from NASA’s Earth observation satellites for quicker and easier climate research analysis. The U.S. geospatial imagery analytics market is characterized by intense competition, with several key players operating in the industry. Notable companies include BENTLEY SYSTEMS, INCORPORATED, BlackSky Technology Inc., Esri, Maxar Technologies Inc., and others. These companies heavily invest in research and development to introduce innovative products. The market also features smaller and medium-sized companies offering specialized products. With the increasing demand for geospatial imagery analytics, the market is anticipated to experience significant growth in the coming years as more industries recognize the benefits of utilizing services such as remote sensing, environmental monitoring, infrastructure, and asset management. The market can be segmented based on application and product, and it is expected to witness continued growth as key players and defense forces invest in advanced technologies to enhance performance and effectiveness, leading to new opportunities for growth and innovation in the sector. Introduction to the U.S. Geospatial Imagery Analytics New technologies, such as machine learning (ML) and artificial intelligence (AI), enable businesses and government organizations to analyze large amounts of data in real time for better decision-making. ML and AI algorithms excel in pattern recognition, predictive analysis, and automation, providing valuable insights, optimizing operations, and enhancing overall efficiency. This digital revolution is not only enhancing decision-making processes but also shaping the future of industries across various sectors, including healthcare, finance, transportation, and more. Furthermore, high-resolution satellite images and geospatial data are becoming more widely available, which is one of the factors driving the growth of the market. Furthermore, the rise in deployment of small-satellite constellations in the U.S. by various companies such as Capella Space, Descartes Labs, Inc., and Planet Labs PBC are capable of cost-effective geospatial solutions. The regional companies have access to high-resolution satellite imagery data through the Earth observation satellites in orbit. There are approximately 1,000 Earth observation satellites, out of which more than 600 of these satellites are being operated by the U.S. Hence, deploying more satellites has decreased the satellite imagery acquisition cost and made it more affordable for geospatial services. Furthermore, the region is collaborating with commercial geospatial service providers through contracts and partnerships for intelligence and defense needs. For instance, in March 2023, Planet Labs PBC announced that its wholly owned subsidiary, Planet Labs Federal, Inc., secured a contract from the National Reconnaissance Office (NRO) under the Strategic Commercial Enhancements (SCE) Broad Agency Announcement (BAA) program, with a specific focus on Commercial Hyperspectral Capabilities (CHC). Industrial Impact The U.S. geospatial imagery analytics market is witnessing rapid growth due to the growing demand for integrated domain awareness solutions, the deployment of small-satellite constellations, and the need for real-time data for surveillance or commercial purposes. The increasing deployment of small satellites for Earth observation applications is another factor that is driving the geospatial imagery analytics in the region. In 2022, the region contributed more than 140 Earth observation satellites in orbit. The high-resolution remote sensing data is utilized by various geospatial imagery analytics providers for offering solutions to commercial and government organizations. For instance, Planet Labs PBC, a satellite imagery data provider, manages terabytes of satellite datasets through its satellite constellation of more than 150 satellites. The company provides satellite imagery data access to users through its web-based tools, such as the application programming interface (API). However, compliance with regulations and international agreements regarding the collection, storage, and use of geospatial data can be complex and may vary by region. Market Segmentation Construction and Infrastructure Development in Application Section to Dominate the U.S. Geospatial Imagery Analytics Market The construction and infrastructure development segment of the U.S. geospatial imagery analytics market is estimated to be $0.88 billion in 2022 and is expected to grow up to $1.34 billion by 2033, growing at a CAGR of 4.07%. The Building Information Modeling (BIM) industry’s rapid evolution caused a significant impact on both the construction and the design industries. BIM and GIS integration development brings a new way of thinking about construction and planning. This process includes a transition from 2D to 3D, building information modeling on the digital front. Additionally, GIS data is required to plan various infrastructure operations such as roads, trains, and airports. Analytics in Product Section to Dominate the U.S. Geospatial Imagery Analytics Market by Solution The U.S. geospatial imagery analytics market is expected to be dominated by analytics in 2023, with $2.57 billion in 2022 in terms of revenue, and is expected to reach $3.57 billion in 2033. In this market, there are companies such as Orbital Insight that offer AI-powered software platforms. The Orbital Insight platform can perform analytics using a variety of geospatial data sources, including satellite and aerial images, location data, automatic identification system (AIS) data, and more. Similarly, EOS Data Analytics, a cloud-based solutions provider, offers the EOSDA platform for tasks such as crop monitoring, land observation, and forest monitoring. This platform leverages deep learning algorithms to analyze satellite imagery and deliver actionable insights. Key Market Players and Competition Synopsis Key players in the U.S. geospatial imagery analytics market analyzed and profiled in the study involve major U.S. geospatial imagery analytics companies providing solutions, respectively. Moreover, a detailed market share analysis of the players operating in the U.S. geospatial imagery analytics market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market. Key Attributes:
Orbital Insight Frequently Asked Questions (FAQ)
When was Orbital Insight founded?
Orbital Insight was founded in 2013.
Where is Orbital Insight's headquarters?
Orbital Insight's headquarters is located at 3000 El Camino Real, Palo Alto.
What is Orbital Insight's latest funding round?
Orbital Insight's latest funding round is Series E.
How much did Orbital Insight raise?
Orbital Insight raised a total of $132.2M.
Who are the investors of Orbital Insight?
Investors of Orbital Insight include BAM Elevate, Brighter Capital, NVIDIA Inception Program, Paycheck Protection Program, Lux Capital and 21 more.
Who are Orbital Insight's competitors?
Competitors of Orbital Insight include Ursa Space Systems, Capella Space, Pupil, Earth-i, Descartes Labs and 7 more.
What products does Orbital Insight offer?
Orbital Insight's products include Orbital Insight GO.
Who are Orbital Insight's customers?
Customers of Orbital Insight include RBC, Avison Young and Unilever.
Compare Orbital Insight to Competitors
Descartes Labs is a technology company focused on the analysis of geospatial data. The company offers services that enable the analysis of earth observation data at scale, providing insights into commodity sourcing and forecasting, resource exploration, and climate resilience. Its primary sectors include the mining industry, consumer goods sector, climate solutions, and government. It was founded in 2014 and is based in Santa Fe, New Mexico.
ICEYE develops synthetic aperture radar (SAR) microsatellites and facilitates near-real-time imagery of Earth. It provides quick-response imagery from space. The company offers persistent monitoring, daily change detection, flood monitoring, flood briefings, and more. It serves the insurance and government sectors. It was founded in 2015 and is based in Espoo, Finland.
SpaceKnow is a company that focuses on transforming space data into actionable intelligence, operating within the technology and space data analysis industry. The company offers services that involve the processing of data from multiple space-based sensors to provide independent and near real-time insights. These insights are primarily used in sectors such as economics, energy and commodities, defense and intelligence, environment and ESG, and construction and real estate. It was founded in 2013 and is based in San Francisco, California.
Capella Space is an aerospace and information services company. It provides earth observation data via space radar and high-resolution synthetic aperture radar (SAR) satellites regardless of bad weather and low light conditions. It was founded in 2016 and is based in San Francisco, California.
Geospatial operates as a research platform. It provides independent research derived from the analysis of satellite imagery and the integration of this intelligence with a range of other data sources. The company was founded in 2012 and is based in Birmingham, United Kingdom.
Hera Systems is a company that focuses on the development of small satellites and related technologies, operating within the aerospace and defense industry. The company's main offerings include smart satellite buses and platforms, which are designed to support critical missions in defense and security. These products are equipped with features such as resilient power systems, AI-powered resilient and deceptive communications, on-board analytics, and high capability propulsion. The company primarily serves sectors such as the defense and security industry. It was founded in 2013 and is based in San Jose, California.