EarthDaily Analytics Company Profile

Background

EarthDaily Analytics (EDA) is a Canadian company headquartered in Vancouver, British Columbia, specializing in Earth Observation (EO) data, analytics, and solutions. Formed in April 2021 following the acquisition of UrtheCast's assets by Antarctica Capital, EDA leverages satellite imaging and advanced analytics to address global challenges such as sustainable agriculture, disaster management, climate change monitoring, and forestry protection.

Key Strategic Focus

EDA's strategic objectives include:

EarthDaily Constellation: Developing a constellation of nine super-spectral satellites to provide daily global coverage of Earth's landmasses, enhancing geospatial analytics capabilities.

EarthPipeline: Implementing a fully automated, cloud-native data processing platform that transforms raw satellite data into high-quality, analytics-ready imagery.

EarthDaily Agro: Offering specialized agricultural analytics services, including crop monitoring and risk assessment, to stakeholders across the agricultural value chain.

Financials and Funding

In April 2021, Antarctica Capital committed to supporting the construction of the $150 million EarthDaily Constellation. This investment underscores confidence in EDA's strategic direction and technological capabilities.

Pipeline Development

EarthDaily Constellation: Construction began in September 2021, with launches scheduled throughout 2023. The constellation aims to provide daily, scientific-grade imagery across 22 spectral bands, supporting diverse applications in agriculture, environmental monitoring, and disaster management.

Technological Platform and Innovation

EDA's technological advancements include:

EarthPipeline: A proprietary, cloud-native data processing platform that automates the transformation of raw satellite data into analytics-ready imagery, facilitating large-scale geospatial analysis.

EarthDaily Constellation: A planned network of nine super-spectral satellites designed to capture daily imagery in 22 spectral bands, enhancing capabilities in change detection and environmental monitoring.

Leadership Team

Don Osborne: President, CEO & Director.

Sai Chu: Chief Financial Officer.

Dr. George Tyc: Chief Technology Officer.

Eric von Eckartsberg: Chief Revenue Officer.

Wade Larson: EVP Business Development.

Dr. Dave Gebhardt: General Manager, EarthDaily Agro.

Peter Duggan: Vice President, Programs.

Christine Berka: Vice President, Human Resources.

Christopher Rampersad: Vice President, Engineering.

Leadership Changes

In April 2021, following the formation of EDA, Don Osborne was appointed CEO, bringing extensive experience in the satellite and aerospace industry.

Competitor Profile

Market Insights and Dynamics

The EO industry is experiencing significant growth, driven by increasing demand for high-resolution, real-time geospatial data across sectors such as agriculture, environmental monitoring, and disaster management.

Competitor Analysis

Planet Labs: Operates a large fleet of small satellites providing daily Earth imagery, serving sectors like agriculture, forestry, and urban planning.

Maxar Technologies: Offers high-resolution satellite imagery and geospatial intelligence solutions, catering to defense, intelligence, and commercial markets.

Airbus Defence and Space: Provides satellite imagery and geospatial services with applications in defense, agriculture, and environmental monitoring.

Strategic Collaborations and Partnerships

Loft Orbital Solutions Inc.: Partnered to supply satellite buses for the EarthDaily Constellation, leveraging Airbus' OneWeb heritage and production lines.

SkyForest Acquisition: Acquired SkyForest to enhance wildfire risk assessment and forestry analytics capabilities.

Descartes Labs Acquisition: Acquired Descartes Labs to strengthen geospatial AI capabilities and expand into sectors like insurance, energy, mining, and U.S. defense and intelligence.

Operational Insights

EDA's integration of satellite imaging with advanced analytics positions it competitively in the EO market. The EarthDaily Constellation and EarthPipeline platform offer scalable, high-quality data solutions, differentiating EDA from competitors.

Strategic Opportunities and Future Directions

EDA aims to expand its market presence by leveraging the EarthDaily Constellation and EarthPipeline to offer comprehensive geospatial solutions. The company plans to explore new applications in sectors such as ESG monitoring, insurance, and commodities trading, capitalizing on its technological strengths and strategic partnerships.