简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:There are mounting concerns about the dangers posed to satellites by some 600,000 estimated pieces of debris floating in the Earth's orbit.
Canada is partnering with a big-data startup to launch a satellite system to monitor potentially dangerous space debris.
The government's contracting arm reached a deal with NorthStar Earth and Space, a company hoping to leverage AI and data analytics to accurately predict potential collisions with debris and other objects in space.
The project is attracting interest in part because of mounting concerns about the dangers posed to satellites by some 600,000 estimated pieces of debris floating in the Earth's orbit.
Experts forecast a “new space” economy will be worth over $1 trillion a year.
Read more stories like this on Business Insider
PARIS (Reuters) - The Canadian government's contracting arm is backing a proposed new satellite system that will use big data analytics to provide commercially available data about the Earth and its orbit amid growing concerns about the risks posed by space debris.
Support from the Canadian Commercial Corporation (CCC) will allow Canadian startup NorthStar Earth and Space to negotiate initial service agreements with the United States, Britain and other countries, NorthStar CEO Stewart Bain said. The deal with CCC will be signed on Monday at the Paris Airshow.
Bain cited strong international interest in the project given increasing levels of activity in space, and mounting concerns about the dangers posed to satellites by some 600,000 estimated pieces of debris floating in the Earth's orbit.
The United States and other governments already collect such data, but demand for near real-time information that is commercially available is growing rapidly, with experts forecasting a “new space” economy worth over $1 trillion a year.
“This agreement puts us in a strong position to work with the United States, the UK and other countries to deliver our services,” Bain told Reuters, noting the government of Canada and Quebec had each already invested $13 million to date.
Private investors in the project include Telesystem Space Inc. of Montreal, the majority shareholder, and the Space Alliance of Europe, which was formed by Telespazio and Thales Alenia Space, a joint partnership formed by France's Thales and Italy's Leonardo.
NorthStar's proposed system calls for the 2021 launch of a new constellation of small satellites that will use an array of hyperspectral, infrared and optical sensors to continuously monitor and analyze the Earth's ecosystems and orbit.
The company said its system would use big data analytics and artificial intelligence to make sense of the huge amount of information and accurately predict potential collisions with debris and other objects in space, while helping to validate and improve the performance of existing surveillance systems.
U.S. Commerce Secretary Wilbur Ross, who will attend this week's Paris Airshow, said last week he was encouraging all space-faring nations to work together on common issues such as space debris that could stifle the commercialization of space.
“Partnerships are important in a world where there are alternative views about the future of space,” he said.
Anti-satellite tests conducted by China in 2007, and most recently, India in March, have raised questioned about the long-term sustainability of operations in space that are essential to a huge range of activities, including banking and GPS services.
(Reporting by Andrea Shalal; Editing by Mark Potter)
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
The move comes after concerns that small lenders serving businesses owned by people of color would have to compete with big banks.
Oil futures slumped after the largest U.S. oil exchange-traded fund said it would sell all its front-month crude contracts to avoid further losses.
Official tallies have recognized 23,955 cases of COVID-19 and 1,361 resulting deaths. Researchers say there could be more than 280,000 cases.
An investment from Stroll could help boost the company's prospects as it seeks to turn around a poor performance.