ASX-listed Kleos Space has announced the signing a binding MOU with EarthLab Luxembourg to examine collaboration opportunities for the use of Kleos RF reconnaissance and geolocation data for the insurance sector and other geospatial intelligence purposes.
Kleos chief executive said the memorandum of understanding with EarthLab was a good example of how Kleos ship tracking data could be used as a valuable confirmation data source.
“This is part of our strategy of commercialising and verifying our satellite data with leading companies over different sectors,” he said.
“Kleos’ geolocation and activity-based intelligence data has the ability to provide EarthLab with highly valuable geolocation verification data that will assist in substantiating the correlation and consistency of their other data sources and analytics platforms.”
EarthLab general manager Thomas Friederich said the MOU with Kleos was an excellent opportunity for EarthLab to collaborate with a local Luxembourger actor on Earth observation data processing.
“It is part of the development strategy of our fast-data AI powered platform to offer advanced analytics and access to new sources of data,” he said.
Kleos, based in Luxembourg and listed on the Australian Securities Exchange, plans to launch a constellation of 20 satellites providing global monitoring of maritime radio frequencies.
That allows accurate location of vessels in distress, as well as those not broadcasting automatic identification system (AIS) signals, the maritime version of aircraft transponder identification systems.
Government agencies can use that information to enhance border and maritime security and safety. It’s also of great interest to port operators and now the insurance sector.
Kleos planned to launch the first four satellites, the Kleos Scouting Mission, aboard the next Rocket Lab launch from new Zealand but that’s now been deferred to October.
EarthLab was the first European centre established for environment monitoring, particularly industrial and environmental risk.
With partners Telespazio France, e-GEOS, the wholly state-owned postal and telecommunications company, POST Luxembourg and the SME HITEC Luxembourg, EarthLab provides Earth observation, geo-spatial information and risk assessment data analytics to improve operational and strategic decision making for the insurance, reinsurance and investment fund industries.
Kleos and EarthLab said they aim to use geolocation and activity-based intelligence data from the Kleos Scouting Mission and further Kleos satellite launches to improve EarthLab’s geospatial intelligence analytics.
That will allow EarthLab to verify radar detections and optical observations.
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