Accenture Invests in Hyperspectral Satellite Business Pixxel to Keep an eye on Earth’s Health

Accenture Invests in Hyperspectral Satellite Organization Pixxel to Monitor Earth’s Wellness

NEW YORK and BANGALORE, India Aug. 30, 2022 – Accenture (NYSE: ACN) has created a strategic investment decision, through Accenture Ventures, in Pixxel, a leader in reducing-edge earth imaging know-how. Primarily based in Bangalore with a existence in Los Angeles, Pixxel is developing the world’s highest resolution hyperspectral imaging satellite constellation in buy to present sector AI-powered insights that find, fix, and forecast climate issues at a fraction of the price of regular satellites.
 
Pixxel’s satellites can capture photographs at hundreds of wavelengths in the electromagnetic spectrum and expose essential knowledge about the wellness of our world that is invisible to other satellites. The company’s prepared constellation of hyperspectral satellites will reshape how companies throughout agriculture, protection, mining, environmental, and other critical industries make decisions on a global level to lower their environmental effects. The facts from Pixxel’s satellites gives 8x additional information and 50x superior resolution than present in-sector selections.

“We proceed to consider excellent curiosity in startups in the burgeoning place business, which some have forecasted will arrive at $1 trillion in revenue by the yr 2040^[1], and Pixxel is a notably remarkable company sitting at the intersection of area technological innovation and sustainability,” mentioned Tom Lounibos, taking care of director, Accenture Ventures. “Imagine becoming equipped to predict a famine ahead of a crop infestation normally takes about or end an oil spill ahead of it endangers fragile oceanic biospheres. Pixxel’s hyperspectral imaging know-how has the likely to do just that, and in carrying out so, could help researchers address some of the world’s most pressing problems to our Earth.”
 
Pixxel’s initially industrial phase satellites are scheduled to be introduced in early 2023 alongside with the industrial sale of its info. With 6 satellites flown in a sunshine-synchronous orbit (SSO) about a 550 km altitude, Pixxel’s hyperspectral constellation will be able to cover any place on the world each 48 hours. With even more…