Space company Satellogic expands partnership with AWS as it expands satellite network
Satellogic, a commercial satellite operator expected to be listed on the Nasdaq stock exchange, today announced the extension of its partnership with Amazon Web Services Inc. which will help support its growth efforts.
Satellogic, incorporated as Nettar Group Inc., provides Earth imaging data to customers. The startup collects data using a network of 17 compact satellites deployed in orbit. Satellogic not only operates, but also designs and manufactures its satellites, a business model that the startup says enables it to provide services at an affordable price compared to its competitors.
Earlier this year, Satellogic declared that its satellites have a unit economy more than 60 times greater than that of its closest counterparts in the so-called NewSpace segment. Compared to traditional technologies, argues the startup, it can provide a unit economy 100 times better.
Satellogic in July announced plans to go public on the Nasdaq at a valuation of $ 1.1 billion through a merger with a blank check company. The listing is expected to give the company a financial boost as it prepares to grow its satellite network from 17 to 300 systems by 2025. The newly expanded partnership with AWS will support the initiative.
Each Satellogic satellite collects approximately 50 gigabytes of data per day, which Satellogic transmits to Earth with the help of Amazon.com Inc.’s AWS Ground Station service. The service provides access to terrestrial antennas capable of sending signals. instructions to the satellites and to collect sensory measurements taken in orbit. Another selling point is that, as part of the AWS Cloud, AWS Ground Station makes it quite easy for customers to send satellite data to the applications they host on the Amazon Unity platform.
“AWS Ground Station allows us to easily scale acquisition processes with the automation that we can achieve through its APIs,” said Alan Kharsansky, vice president of mission operations at Satellogic. “And, on top of that, we don’t have to worry about transporting data from ground stations to our processing pipelines – AWS Ground Station delivers the data exactly where we need it. This helps Satellogic to evolve, to increase its performance and to reduce its costs.
Satellogic also uses a number of other AWS services as part of its cloud deployment. The company relies on Amazon CloudWatch to monitor applications and network infrastructure. Amazon CloudFront, a content delivery service that accelerates access to data assets, also plays a role in Satellogic’s information processing workflow.
“Satellogic is able to schedule satellite contacts with AWS ground station locations around the world and leverage Amazon’s low-latency, high-bandwidth global network to deliver data and make more critical decisions. quickly, ”said Jim Caggy, CEO of AWS. Ground station.
In recent years, the cost of launching satellites has fallen significantly thanks to the efforts of SpaceX Corp. and other companies. Lower launch costs are contributing to a steady increase in the number of satellites orbiting the Earth. Several companies, including Amazon, the parent company of AWS, are currently working to deploy large-scale Internet constellations in low earth orbit.
All new satellites coming online need a way to send data to the surface and receive instructions. AWS Ground Station enables AWS to seize this market opportunity.
One of the main selling points of the service is that it lowers infrastructure costs for space companies. A single antenna is often not enough to support a constellation of satellites: space companies often need a complete array of antennas to ensure that data can be sent reliably to and from orbit. Building such an infrastructure is not only expensive, but also time consuming, which slows down the growth roadmap of a fast-paced startup.
AWS Ground Station allows customers to rent antennas on a pay-as-you-go basis instead of building their own, which the Amazon.com unit says cuts costs by up to 80%. Reducing antenna costs allows space companies to invest more resources in other parts of their business, such as designing new satellites.