Fusion of satellite data and future technologies to shape cities and farmlands
Founded in 2019, LatConnect 60 Pty Ltd is an Australian Earth Observation (EO) startup that holds exclusive Australian capacity rights for an 80cm high-resolution optical imaging satellite built by Surrey Satellite Technology in Australia. UK. LatConnect 60 processes satellite data and transmits it to government and commercial customers. Their area of interest is to provide the data to state governments for comprehensive urban planning, environmental and resource monitoring, as well as commercial enterprises involved in the agriculture, mining and resource sectors. .
LatConnect 60 is launching its own constellation of smart satellites in Low Earth Orbit (LEO) in 2022, which will have a global service reach.
Recently, the company partnered with EOfactory to provide next-generation EO solutions and to build apps/clients together. They became the exclusive promoter of EOfactory in the Australian and Malaysian markets.
Satellite data for the plantation analysis service
LatConnect 60 has established a subsidiary in Malaysia to market a solution called Plantation Analytics Reporting Service (PARS) for large and small agricultural plantations across the country. PARS profiles plantation data while providing a better understanding of plantations on a monthly basis regarding yield, crop stress, etc., via the generation of vegetation indices from satellite imagery data. They are also working to add Internet of Things (IoT) and hyperspectral data in due course to PARS to enrich its service offering and give better insights into soil moisture and fertilization readings.
Partnership with EOfactory
LatConnect 60 will leverage EOfactory’s artificial intelligence (AI) expertise to build high-level AI models and deliver such offerings to potential customers.
“First, on our 80cm imagery data, we currently use EOfactory as our primary means of visualizing our data, as the EOfactory platform enables fast and seamless visualization, mosaicking and preparation of data from imagery for the immediate generation of information. It allows our customers to perform specific analysis functions such as change detection, object classification, etc., which creates instant value for the customer. We are bringing EOfactory together with our deployment of imagery data to customers across Australia as part of an end-to-end, data-to-information solution,” said Venkat Pillay, CEO of LatConnect 60.
For the PARS solution in Malaysia, EOfactory’s FarmVigil is at the heart of many core functions offered in the profiling and index generation solution. They work closely with EOfactory to refine and develop the PARS based on plantation and customer requirements and also include our IoT and hyperspectral data in due course to generate more insights.
For visualization and information generation of their 80cm satellite imagery data in Australia, they expect at least five-fold growth over the next three years in terms of new subscribers to the EOfactory platform and future use of LatConnect 60 data. Additionally, with the PARS solution – given the large number of plantations and landowners who have expressed interest – they expect at least 10x growth in the base subscribers over the next three years.
Association with EOfactory for future AI developments
Artificial intelligence is definitely crucial in the field of remote sensing, especially when used to automate change detection, look for patterns in data, and prescribe a course of action. LatConnect 60 is particularly interested in using AI to help end users quickly identify changes in satellite imagery data and receive alerts or suggestions for action. He would work closely with EOfactory on future AI developments, particularly around greater automation and detecting changes in large satellite imagery datasets and sending alerts with automatically generated trends or warnings in use cases such as monitoring water pollution, illegal mining, and deforestation. . Moreover, we would like to work with EOfactory on AI development to further improve our PARS solution to automatically analyze vegetation indices and prescribe action plan via mobile app to users, as well as develop information merged from the combination of imagery data and IoT data collected in the field for self-calibration and refinement of reports provided to customers.
Pillay adds, “Our partnership is mutually beneficial as we feed EOfactory with our imagery data (as well as other forms of data like IoT in due course) and grow markets by engaging with customers and getting their custom requirements. EOfactory has the capabilities, platforms and expertise to provide the custom platform and associated tools that enable customers to generate the insights they need. This is a win-win partnership and joint capability offering.