ESA, FD to develop commercial space apps

Friday 13 October 2017 | 14:15 CET | News

The European Space Agency (ESA) and global technology specialist First Derivatives (FD) have signed a letter of intent to develop applications in the commercial space market based on the latter’s Kx platform. Under the terms of the deal, Kx and ESA's Business Applications (formerly Integrated Applications) Programme will work together to assist innovative start-ups seeking to use Kx technology as a platform for big data analytics in the commercial space market. Kx's ability to analyse large volumes of historic and streaming data in real time means it can be used across sectors including transport, energy, safety, development and agriculture.

In addition to creating disruptive applications, the partners said they will also discuss opportunities to collaborate on Earth Observation analytics, where ESA provides multiple applications including disaster management to alert first responders on floods, major fires and natural disasters such as hurricanes.

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