Built by the Indian Space Research Organisation, the Polar Satellite Launch Vehicle threw itself into the sky at 3.58am GMT on February 15th, 2017 It took with it a record-breaking 104 satellites—88 of which belonged to a single company, Planet, a remote sensing business based in San Francisco. Planet now has 149 satellites in orbit—enough for it to provide its customers with new moderately detailed images of all the Earth’s land surface every single day. The satellites Planet makes—it calls them “doves”—measure 10cm by 10cm by 30cm.
Providing daily updated images of the earth is not enough… Processing the images to answer pressing questions: what has changed since yesterday? Is that illegal logging? What does the number of containers in these ports suggest about trade balances? Planet will be providing more such analysis itself, but there are also third parties eager to play. SpaceKnow, a startup which focuses on turning satellite data into analysis the financial community will pay for, has just raised $4m….
Planet is not the only company using small satellites to produce big data; the launch on February 15th also carried up eight ship-tracking satellites owned by Spire, just a couple of streets away from Planet. The companies hope that, as more and more customers come to see the value of an endlessly updated, easily searchable view of the world, insights from satellites will become ever more vital to the data-analysis market. The more normal their wares start to seem, the more spectacular their future may be
Excerpts from Space Firms: Eyes on Earth ,Economist, Feb. 18, 2017