{"id":50473,"date":"2024-08-22T13:03:42","date_gmt":"2024-08-22T12:03:42","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=50473"},"modified":"2024-08-22T13:03:42","modified_gmt":"2024-08-22T12:03:42","slug":"uk-space-agency-funds-2-5m-for-satellite-data-pilot-projects","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/uk-space-agency-funds-2-5m-for-satellite-data-pilot-projects\/50473\/","title":{"rendered":"UK Space Agency funds \u00a32.5m for satellite data pilot projects"},"content":{"rendered":"
The pilot projects, which have been awarded grants of up to \u00a3400,000 each, will trial new solutions that use satellite data and services to support transport, logistics and financial services.<\/p>\n
The trials will combine terrestrial data and technology (such as AI, quantum, machine learning, and geospatial data) with satellite data and services, providing deeper analysis to develop insights and present new solutions to UK customers.<\/p>\n
DSIT Minister for Data Protection and Telecoms, Chris Byrant, said: \u201cWe have a fast-growing space sector in the UK, but for too long, we have struggled to tap the huge potential of satellite data to drive positive change in the real world.<\/p>\n
\u201cThese new projects seek to unlock this potential by combining data from space with cutting-edge technologies here on Earth.\u201d<\/p>\n
One project with Sports City Management Company aims to enhance visitor travel to the Etihad Campus, which is home to Manchester City\u2019s Etihad Stadium and the new Co-op Live arena, by reducing congestion and increasing the sustainability of fan travel.<\/p>\n
The project will support the development of an AI-enabled travel demand solution. It will use satellite data from the European Space Agency\u2019s Copernicus Open Access Hub and Sentinel satellites to predict patterns in the travel of music and sports fans at major events.<\/p>\n
Coupled with machine learning, this provides transport operators and event planners with insight into congestion points, public transport requirements and crowd flow.<\/p>\n
This will be tested in partnership with Transport for Greater Manchester (TfGM).<\/p>\n
Elsewhere, Octopus Investments has partnered with Treeconomy, a company that uses AI and remote sensing to measure the impact of nature restoration projects.<\/p>\n