Insights from a meeting of the minds at SatCamp 2024 👇
Had a fantastic time at SatCamp 2024 🛰️🌎📍. Here are a few key takeaways: - Expanding User Base: While still niche, advancements over the last five years are broadening the use of GEOINT across industries. - Data Supply Growth: An increasing number of data providers are fueling the ecosystem (Planet, ICEYE, HawkEye 360), making more insights available than ever before. - Modern Cloud Architecture: Tech like Kubernetes, NeRF, and Gaussian splatting (World Labs) are making massive datasets more manageable and useful. - Innovative Access Models: New licensing models (Umbra) and minimum purchase requirements (SkyWatch) are reducing barriers to entry for more users. - Open-Source Ecosystem: Tools like Apache Sedona, H3 indexing (developed at Uber), and Fused are accelerating progress by simplifying work with large spatial datasets. - Diverse Applications: From national defense (National Geospatial-Intelligence Agency) to insurance (Arbol) and humanitarian efforts (Development Seed), geospatial capabilities are proving valuable across sectors. - Caution for Investors: GEOINT is deep tech—complex, highly technical, with significant timelines and capital requirements. Patience and a deep understanding of the space are critical. Huge shout out to Sean Gorman, Bill Greer, Martha Morrissey, Michelle Roby and everyone else that made SatCamp 2024 possible! The team at Space Capital is excited about the the future of GEOINT and we are actively investing across the tech stack. #GEOINT #DeepTech #VentureCapital #SpaceTech #SatCamp