Ursa Space Systems

Ursa Space Systems

Ursa Space Systems is a geospatial data and analytics firm

Ursa Space Systems is a satellite intelligence company that provides business and government decision makers access to on-demand analytic solutions, using synthetic aperture radar (SAR). The company utilizes a constellation of radar satellites to detect real-time changes in the world, and combines it with terrestrial-based data from various sources to deliver analytic-based insights for their customers. Ursa purchases imagery from other companies and does not have any of its own satellites. Features of the Ursa Space Systems platform include a rapid response alert system, easy-to-use-interfaces, and secure API access.The customer base is 75% commercial, with users that include oil and gas companies, customers with global supply chains, and financial institutions .

History

Ursa Space Systems was founded in 2014 by Adam Maher, Derek Edinger, and Julie Baker. Ursa had humble beginnings in the basement of Maher, and the initial vision was to create small physical satellites but later shifted toward the SAR-analytics-as-a-service platform.

Applications

Applications include:

  • Maritime activity
  • Ground/air transportation
  • Land management & infrastructure
  • Energy and natural resources
  • Weather events and natural disasters
  • Military and geopolitical activity
  • Supply chain/property risk management
  • Financial services
Hurricane Harvey

In 2017, in to assist with the category 4 hurricane that hit Texas and Louisiana, Ursa Space quickly created a flood monitoring capability. This service was offered free to first responders. Ursa uses SAR imagery, which is useful during weather events because imagery is not hampered by clouds or darkness.

Satellite image of Houston, TX on August 29, 2017, post Hurricane Harvey. Source: Ursa
COVID-19

In 2020, Ursa Space Systems began using satellites to study the impact of the global pandemic on oil industries outside the US where public data is not otherwise available. The company is also tracking activity at the Wuhan North railway station (the main freight train stop in the Chinese city where the virus was first detected in 2019) and a Nissan plant in Japan, to analyze the economic impact on the pandemic.

Mauritius oil spill

In July of 2020, Mauritius, an island nation off the southeast coast of Africa, experienced a tragedy when a bulk carrier, MV Wakashio, loaded with over one million gallons of heavy engine oil, ran into a coral reef in a nature park area. The Ursa team monitored the size and location of the resultant oil slick using satellite-based synthetic aperture radar (SAR) and AIS maritime data.

Timeline

December 11, 2020
Ursa expands ability to measure oil inventory to 6.6 billion barrels and 971 locations around the world.
August 16, 2020
URSA team aids Mauritius oil spill with SAR technology and AIS maritime data
August 28, 2017
Ursa Provides Satellite Information for Areas Affected by Hurricane Harvey

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Ursa Space Systems Series B round November 2019
15,000,000
November 2019
3 Results
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People

Name
Role
LinkedIn

Further reading

Title
Author
Link
Type
Date

From Imagery to Insights: The Commercial Case for Geospatial Intelligence

Web

Documentaries, videos and podcasts

Title
Date
Link

SAR 101 with URSA's Daniela Moody

September 11, 2020

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Reuters Editorial
September 16, 2019
IN
Saudi Arabia had 73.1 million barrels of crude oil in three major storage sites as of early September, according to satellite data and analytics firm Ursa Space Systems.

References

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