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Orbital Insight Expands
Global Customer Base With Rollout of Recently
Launched TerraScope Platform
February 13, 2023
Orbital Insight has secured new
global customer agreements including new customer
wins and expansions leveraging the company’s
recently released geospatial analytics platform,
TerraScope - the only self-serve multi-sensor
analytics platform in the world that blends computer
vision and geolocation sensor data to detect
changes, monitor activity, and discover patterns of
life at any location on Earth.
Since releasing TerraScope in
Q4 2022, Orbital Insight has secured several key
clients across the globe, including multinational
brand names in the Energy, Industrial Materials, and
Information Services sectors in North America, and
the Semiconductors, Telecommunications, and
Financial Services sectors across Asia.
TerraScope is the next
generation platform evolved from Orbital Insight’s
industry-leading GO Platform with even easier-to-use
multi-sensor data fusion, a library of pre-defined
analysis for single-click insights, and massive
scalability for analysis on millions of areas of
interest (AOI) to operate globally.
In recognition of its recent
contract wins and to support TerraScope’s marketing
to additional customers, Orbital Insight also
announced the closing of a new financing round in Q1
2023, which included virtually all of the company’s
existing investors.
“We are very pleased to see our
commercial and national security customers and
investors realizing the power, value, and ROI of
true multi-sensor analytics and insights to support
critical-use cases like facility monitoring, supply
chain risk management, and site intelligence,” said
Kevin E. O’Brien, Chief Executive Officer of Orbital
Insight. “We look forward to continuing to partner
with our existing and new customers to leverage our
deep expertise in AI, intelligent product design,
and embedded customer-first culture. We are
encouraged by strong customer demand for TerraScope,
which continues to generate new investor interest in
our company.”
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