[BLT Insight]Satellite-based imaging technology in Korea

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Artificial intelligence technology is innovating satellite technology. Satellites can collect information from space and gather wide-ranging data without limitations by country or region. Satellites collect massive amounts of data, but existing technologies have limitations in processing such data. Recent advancements in big data and AI technologies have enabled data processing, presenting opportunities for utilizing satellite technology. Particularly, with the proliferation of accelerated server platforms like Nvidia's A100 GPU, various solutions leveraging satellites are emerging for urban planning, natural disasters, defense, agriculture, and more.


[Image] Examples of building generation and change analysis, object detection analysis through satellite image analysis


Lockheed Martin, a leading U.S. defense company, has developed the 'GATR' satellite image recognition system. 'GATR' utilizes satellite imagery and its own identification technology to distinguish various objects such as cargo planes, military transport aircraft, and ships, enabling applications in military and industrial monitoring. Additionally, the startup company Pachama has developed carbon data analysis technology by combining satellites, AI, lidar, and sensor fusion capabilities. This allows for analyzing carbon emissions and absorption based on global tree data, aiding in addressing global warming. The application scope of such satellite image utilization solutions will continue to expand.


[Image] Lockheed Martin's satellite image solution 'GATR' and 


[Image] Pachama's carbon emission measurement solution


Korean companies are also actively advancing into this field. Stellarvision Co., Ltd. (CEO Lee Seung-cheol), a domestic satellite-based intelligence company, has successfully attracted investment (Pre-A, 10 billion won) due to its recognized technological capabilities. Stellarvision provides services such as crop yield monitoring, smart farm management, flood damage calculation, and port vessel analysis based on images acquired through satellites. In particular, Stellarvision excels in satellite image analysis algorithms, reducing the analysis time from the previous 3-5 days to within 5 minutes. With this investment, they plan to expand their workforce, enhance technological capabilities, and accelerate market entry.

[Image] Stellarvision Co., Ltd.'s satellite-based crop monitoring, smart farm analysis, and flood damage analysis services


Additionally, SIA, a subsidiary of the domestic satellite company Satreci Eye Co., Ltd., has developed the 'Obvision' solution for satellite image-based analysis. 'Obvision' supports real-time monitoring of AI interpretation results, target analysis management, and regional management. Recently, they have developed a technology that applies AI-based imaging substitution to generate alternative images for masked terrain within areas of interest. Furthermore, Saepum Co., Ltd. has developed a technology that can provide crop cultivation guidance based on satellite information for agricultural lands, utilizing satellite-based visual intelligence technology. Thus, the development of satellite image-based utilization solutions by domestic and international companies is active.

[Image] SIA's satellite image solution 'Obvision' and Saepum Co., Ltd.'s field monitoring solution


The BLT Research Center predicts, "The satellite-based image analysis solution market is expected to experience dramatic growth. These technological changes will present new opportunities for companies to develop related technologies." They added, "Securing rights to various application technologies for satellite diagnostic image solutions is expected to be a good strategy."


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