Space-derived data is increasing exponentially as the cost of getting that data falls as technology advances, and SETSquared is looking for tech innovators with disruptive ideas about what that data could be used for.
The award-winning university business accelerator is looking for people and organisations keen to take information and imagery available from satellites, and combine it with terrestrial based intelligence to find an innovative business use for the results.
“This is a fantastic opportunity for enterprising businesses to gain a head start in the hugely expanding area of space data technology”
There’s a huge array of data available from satellites already in space, not just imagery but also radar and radiation information that can be used to calculate things from temperature and humidity right through to leaf density as an example.
If you have a great idea for using this data, you should send in a one-minute pitch video explaining what it is to enter SETSquared’s latest competition: Transform your business with space data.
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Who’s the competition for?
The competition is open to businesses of all sizes, as data from space can be used to develop new products and services or enhance existing technologies to reach new markets. Entrants are invited to upload their one-minute pitch to YouTube, Vimeo or any similar platform and email a link to space@setsquared.co.uk
Ali Hadavizadeh (pictured right), Deputy Head of Enterprise at SETsquared’s innovation centre at the University of Bath, said: “This is a fantastic opportunity for enterprising businesses to gain a head start in the hugely expanding area of space data technology.
“There’s already a huge array of data available from satellites in space and this is leading the way ahead. The biggest growth area for the space sector over the coming years is set to be in downstream technologies, taking information and imagery available from satellites, combining it with terrestrial-based intelligence and then doing something new with it.
“I hope SETsquared’s competition will inspire and encourage businesses to put their ideas forward and demonstrate how they can use space data to solve issues facing businesses today.”
What do I win?
The winner gets a package from SETSquared worth £5,000, consisting of:
- A fast track place at SETsquared’s Innovation Incubator at the Space Innovation Congress 7– 8 April in London.
- A free place on a SETsquared acclaimed 3-day Entrepreneurship Programme (different dates and locations available)
- 1-year’s free virtual membership for SETsquared’s Space Incubator.
As well as the grand prize, everyone who enters the competition automatically receives a 20% discount on tickets to the Space Innovation Congress, to be held in London on 7 and 8 April. This year’s event will be highlighting the most innovative advancements in Space technology.
Interested? You can find out more about SETsquared’s competition online at Transform your business with space data (but hurry, it closes on 16 March), and to keep up to date with all the top work at SETsquared be sure to follow them on Twitter @setsquared.
