Charting the Future of Earth Observation 2024
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Bytes to insights1
Revolutionizing real-time climate intelligence
for disaster response and management
with advanced EO technologies.
Satellites with high-resolution and diverse sensing
capabilities are more capable of accurately
detecting and monitoring climate-related disasters.
For example, in wildfire scenarios, being able to
detect new fires and hot spots with satellites every
few hours (or less) at a high resolution greatly
enhances disaster response and provides better
operational guidance to first responders.
Technology pipeline: New developments in
satellite EO sensor technology
Driven by the rapidly expanding market opportunity
and increasing number of potential customers
and applications, the potential economic value of
EO is expected to exceed $700 billion by 2030.4
This increasing demand for data has driven
advancements in satellite technology (e.g. increasing
temporal, spatial and spectral resolution of EO
satellite sensors), allowing for better monitoring
and analysis of environmental changes, as well as
the detection and recording of disasters such as
wildfires, floods and droughts.
In 2024, satellite start-up Albedo raised a total of
$97 million in early investments (series A-1 funding)
to build and launch its first fleet of 24 high-resolution Earth imaging satellites into very low Earth orbit.
The company intends to offer high-resolution
electro-optical satellite imagery (10cm) and thermal
imagery (2 metres). This means that each pixel in
the electro-optical imagery represents an area of
10x10 cm on the ground, providing a level of detail
previously only available from aeroplanes or classified
reconnaissance satellites.5 South Africa and Belgium-
based EO optical imaging solution company Simera
Sense raised $15 million in 2024 to accelerate the
development of higher resolution and advanced
short-wave infrared camera products to match the
rising demand from EO satellite manufacturers.6
Building on the success of the Landsat program,
NASA is also expanding its array of sensors for
EO satellites. The Landsat Next mission, slated
for launch in 2030, is designed to collect all 26
“superspectral” bands, compared to the 11
“multispectral” bands of previous Landsat
missions. Multispectral satellite imagery typically
captures 4-12 bands of the electromagnetic
spectrum ranging from visible to non-visible light.
Superspectral imagery will capture even more
bands, enabling more detailed and refined data.
LandsatNext’s superspectral bands will produce 2-3
times the temporal, spatial and spectral resolution.71.1 Enhanced resolution and diversification
in sensing capabilitiesReal-time data tools that track climate-related
events can monitor changes in weather conditions
and help predict a disaster’s path. In a disaster
response situation, where accurate and fast data
analysis is crucial for timely decision-making, EO data decreases in value as it ages. However,
emerging technology innovations are driving new
opportunities to provide EO-enabled near-real-time
climate-related disaster insights.
Charting the Future of Earth Observation: Technology Innovation for Climate Intelligence 6
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