Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: OneAtlas, the Airbus geospatial digital platform delivering satellite imagery, analytics and services, will partner with Bengaluru-based startup, HyperVerge, to implement and integrate new Artificial Intelligence (AI)-based analysis of satellite data.
The agreement marks the tenth successful partnership for an Airbus BizLab-accelerated Indian startup and an Airbus corporate entity. It is also the first such collaboration for Airbus Defence and Space, which launched the OneAtlas Platform in 2019, a press release said.
Through this partnership, HyperVerge will propose new AI-based algorithms for automatic analysis on change detection on Airbus’ Pléiades and SPOT from the optical satellite constellation that provides high-resolution imagery. Those capabilities will be made available through the OneAtlas on-line service platform, the release said.
“Fostering innovation and encouraging entrepreneurial ambition is what makes Airbus unique. The high-impact technology coming through our BizLab accelerator is finding symbiotic applications in Airbus’ products and services – which is quite remarkable and gratifying. I congratulate the BizLab India team for this unique milestone of reaching ten successful partnerships with Indian startups,” said Rémi Maillard, President and Managing Director, Airbus India & South Asia.
OneAtlas will provide HyperVerge easy access to premium imagery and industry-specific insights to develop solutions. Further, HyperVerge has also reached out to Airbus to distribute the Pléiades satellite data to one of its Indian customers, the release added.
“The collaboration between Airbus and HyperVerge will help analyse satellite data generated with AI-based algorithms and provide industry-specific insights to facilitate better decision making in urban planning, defence, and security amongst other domains,” said Siddharth Balachandran, Airbus BizLab leader, India. ET
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