Public Funding for Heimdal Satellite Technologies Ltd

Climate changes is already affecting the production of crops and this impacts the the financial markets. As the risks to crops increase the volatility of the market increases -- which impacts pricing, which impacts traders, insurers, banks and the end consumers The uncertainty and risk to crops, increases prices, which then causes an increase in food pricing, driving up inflation and impacting the poorest communities the most. HSAT is building a unique solution for predict the yield of crops, on a global scale, with the accuracy and speed to support financial services. This scale and speed has never been achieved before. Core project team: Rob Weston (project lead), Jo Rickets (project and technology oversight), Peter White, (finance and analytics lead ) and Oliver Bridgewater-Smith, James Potter and Matthew Jones (crop modelling), Shretan Dholakia (trading), Johan Bjorgen (satellite analysis) Heimdal Satellite Technologies (HSAT) is a UK based SME -- focused on data analytics to support traders, banks and insurance companies.

Heimdal Satellite Technologies (HSAT) is a UK based SME -- focused on data analytics to support traders, banks and insurance companies. Core project team: Rob Weston (project lead), Peter White, (finance and analytics lead ) and Eli Parselia (weather and crop modelling), Shretan Dholakia (trading and risk), Johan Bjorgen (satellite analysis) HSAT is developing a solution for to accurately predict the yield of crops, on a global scale. As the climate changes this impacts the production of crops. As over $1 trillion is traded in crops every day a 20% shift in crop production impacts the financial markets. Banks offering loans to farmers, insurance of crops, and traders buying crops -- are all impacted by the changes in crops -- which then impacts food pricing, inflation and the end consumer. HSAT's is building a global monitoring solution to accurately predict yield of crops, on a scale and precision - not achieved before.