May 11, 2021   SOURCE: BusinessWire

LiveEO Enters Strategic Partnership with Planet, Setting Preconditions for Rapid Expansion

Earth observation company LiveEO has today announced its partnership with Planet, the leading provider of global, daily satellite imagery and insights. The strategic move empowers LiveEO to massively scale its infrastructure monitoring operations around the globe, avoiding friction in the procurement of satellite imagery.

During the past 12 months, LiveEO has been able to quadruple its customer base by establishing more client relationships outside of Europe, especially in the United States and Australia. In order to accommodate its growing customer base, LiveEO doubled the size of its engineering team and significantly strengthened its infrastructure, with the new partnership being a central component of this effort.

Different from the traditional reseller model prevalent in the satellite data industry, as a part of the Powered by Planet program, LiveEO is able to purchase satellite imagery up front, with no predefined areas of interest (AOIs). Allowing the data usage to be freely and seamlessly adjusted to current customer needs.

“From day one we developed our tech stack with a clear focus on scalability”, says Daniel Seidel, Co-Founder and Co-CEO of LiveEO. Since every newly onboarded customer entails vast amounts of data to be acquired and processed, and with quick turnaround times being one of LiveEO value propositions, velocity is key. “To build scalable applications, we need great APIs to purchase data on a recurring basis without human interaction. In this regard, we consider Planet a role model for other satellite operators in the industry, which at times still handle the ordering process via email.” concludes Seidel.

About LiveEO
LiveEO is bringing Earth Observation to enterprise customers starting in the infrastructure sector. LiveEO utilizes satellite technology to monitor large infrastructure networks globally and empowers the operators to save operational expenses by observing dangers from external threats. By using AI the start-up is generating overviews of thousands of kilometres for decisions on the management level as well as information for the worker on the ground via a front-end and mobile app. LiveEO’s goal is to monitor every major infrastructure grid until 2025. The company has around 50 employees and has offices in Berlin, Germany, and New York, USA.