As a new wave of climate focused investing is underway, climate tech companies are on track to reach a record of $50+ billion in equity funding raised in 2021. In the same way that every company today is a technology company, the need for persistent global monitoring and coordination will see every company of tomorrow be a space company. Featured in this report, are several companies who are utilizing satellite technology to create a solution for the climate issues facing our planet.
- GHSat is a Montreal based company that provides global emissions monitoring services intended for remote sensing of GHG (Greenhouse Gas), air quality gas, and other trace gas emissions. The company's services use geographic coordinates to measure gas concentrations from industrial facilities around the world. and helps in GHG and air quality gas measurement with better accuracy at a fraction of the cost of comparable alternatives, enabling businesses to keep the environment clean.
- Muon Space is a space-based constellation platform intended to transform the ability to see through the fog of climate uncertainty, anticipate the impacts and act with conviction. The company's platform comes up with multi-modal satellite remote sensing systems for predicting and modeling a changing planet, enabling individuals in the aviation industry to know and understand about space insights through remote sensing.
- Regrow has developed an automated agriculture platform designed to track, monitor, and manage crops. The company's platform provides remote sensing imagery by using precise hyperspectral cameras onboard drones or satellites to estimate crop performance and diagnosis, enabling farmers and agronomists to know about the problems of modern crop production such as stress identification which saves on chemicals and increase their yields.
- Pachama is based out of San Francisco and has developed an AI and remote sensing platform intended to verify and monitor carbon capture by forests to help finance conservation and reforestation. The company's platform combines machine learning, satellite imaging, drones, and LIDAR technologies to scale up the protection and restoration of the forests, thereby enabling clients to offset their carbon emissions into those protecting and restoring the forest.
To learn more about these companies and the impact satellite technology can have on climate, watch the video above and download The Great Climate Opportunity below.