Noida-based Suhora Technologies has signed a multi-year partnership with US-based Satellogic, giving it exclusive rights to provide high-resolution Earth observation services in India and Nepal. The company stated that the agreement is valued in seven figures and expands access to satellite imagery in the region.
The collaboration will use Suhora’s SPADE platform, a subscription-based service that simplifies access to satellite data. The deal is expected to support applications in urban planning, resource management, disaster response and climate change mitigation.
Krishanu Acharya, CEO and co-founder of Suhora, stated that India’s rapid growth necessitates innovative technological solutions to address complex challenges across environmental and urban landscapes. “By integrating Satellogic’s cost-effective and extensive EO data capabilities with our SPADE platform, we are enabling Indian users to harness high-resolution satellite insights like never before,” he said.
Why This Strategic Partnership?
Suhora will deliver Satellogic’s sub-metre resolution imagery with localised analytics for India and Nepal.
Emiliano Kargieman, CEO of Satellogic, said, “This partnership will democratise access to critical geospatial insights, providing the most cost-effective, high-capacity data access to help solve significant national challenges, from security to sustainability.”
According to the companies, this will provide faster and more affordable access to geospatial data.
Amit Kumar, COO and co-founder of Suhora, noted the growing demand in the market. “India’s appetite for high-quality geospatial intelligence is surging, driven by fast-evolving national priorities and the rising need for efficient data-driven decision-making. This exclusive partnership with Satellogic perfectly positions Suhora to meet this growing demand,” he said.
Demand for Geospatial Intelligence
Projections indicate that the global GIS market will increase from $32.97 billion in 2024 to $55.75 billion by 2029, reflecting a compound annual growth rate (CAGR) of 11.1%.
In India, the geospatial solutions sector is poised for substantial expansion. It is expected to grow from $23.5 billion in 2024 to $79.3 billion by 2030, driven by advancements in 3D scanning and spatial analytics.
In an exclusive interview earlier, Agendra Kumar, MD at Esri India, painted a picture of geospatial tech’s use case to AIM. “We have close to 6,500 organisational customers in the country. In terms of users, maybe 1.2 million people use some app running on our technology every day,” he said.
He also added that about 70% of Esri India’s revenue comes from the government, which explains the deep integration with various state and national bodies.
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