Summary:
BENGALURU, India, July 5, 2022 /PRNewswire/ -- SatSure, a deep tech startup working at the intersection of spacetech, Artificial Intelligence (AI), and Software-as-a-Service (SaaS) to drive decision intelligence, is pleased to announce the launch of its subsidiary company, KaleidEO, which will be solving challenges around imagery acquisition in the upstream sector.
The subsidiary was incubated within SatSure last year.
The launch was announced during SatSure"s inauguration event organised at its new office, Prestige Loka, Bengaluru.
The event saw participation from leaders including Mr S Somanath - Chairman, ISRO / Secretary DOS; and Dr B N Suresh - Chancellor, IIST / Honorary Distinguished Professor, ISRO among other senior industry leaders.
KaleidEO"s immediate focus will be on building hi-res optical payloads which will be integrated on four satellites sourced commercially and then have a diverse set of sensors in the coming future.
The products will include raw imagery, processed data and insights from the payload"s EDGE processing unit, hosting SatSure"s proprietary AI/ML algorithms.
"KaleidEO"s system requirements for the satellite fleet are very closely linked to the existing products and customer requirements of SatSure, and hence there will be no doubt that the data generated will be analytics ready and consumable.
We are planning to launch four satellites providing near 1-meter spatial resolution imagery at the end of 2024," said Akash Yalagach, CTO at KaleidEO.
Arpan Sahoo, COO at KaleidEO added, "SatSure believes that access to information should be at the crossroads of lower service time and fair pricing that closes the business case it is addressing.
Through KaleidEO, India would have its first hi-res optical payload fleet that would bridge the demand-supply gap." The government has now opened up the spacetech sector for private players in India with the goal to increase India"s contribution to the global spacetech market.