NUVIEW (a leading Earth observation and geospatial technology company building the world’s first commercial LiDAR satellite constellation) announced it has acquired Astræa, a software-as-a-service (SaaS) platform. And Astræa’s AI-driven distribution and analysis tools will enable NUVIEW to immediately execute on its strategy to develop a high-throughput Earth observation data superhighway that empowers global distribution partners and their customers.
This deal will enable NUVIEW to diversify and strengthen its position across multiple markets, utilizing its expanding client base and expertise. And covering Earth’s entire land surface annually when fully deployed, NUVIEW’s LiDAR technology will provide centimeter-scale accuracy in geospatial intelligence and mapping that is pivotal for defense, climate initiatives, telecommunications, agriculture, energy and national mapping initiatives. Leveraging artificial intelligence, machine learning, and cloud computing technologies, NUVIEW will provide the tools and infrastructure which will enable its partners and their customers to analyze satellite, aerial, and drone imagery across all vertical markets and industries.
NUVIEW’s Earth observation technologies will collect foundational data and autonomously task for monitoring change at unprecedented accuracy and volume, while Astræa’s AI analytics and distribution platform can interpret these changes – making data agile and insights scalable at the level of Fortune 500 companies and governments, while also making it actionable even down to the level of the individual. This acquisition positions NUVIEW in a leading role to provide solutions and critical data at a global scale.
KEY QUOTES:
“At NUVIEW, we believe that working with our partner network to put analytics ready data directly in the hands of the user, is the best way forward when it comes to solving critical global issues like climate resiliency and disaster mitigation. Our acquisition of Astræa provides us with the tools to immediately realize our vision. Together, we are creating a digital expressway for Earth observation data and insights.”
- Clint Graumann, CEO and Co-Founder of NUVIEW
“NUVIEW shares Astræa’s passion for finding solutions to some of the world’s toughest problems through Earth observation and data analytics. With only an estimated 5% of the world mapped with the accuracy that only LiDAR technology can bring, NUVIEW’s groundbreaking space-based LiDAR coupled with Astræa’s platform infrastructure is poised to offer unprecedented AI solutions and indispensable data vital for advancing global climate initiatives and sustainable development. It’s an exciting opportunity to focus on our aligned mission and take meaningful steps towards shaping a better future.”
- Daniel Bailey, CEO and Co-Founder of Astræa
