Latest news with #EarthDaily
Yahoo
20-05-2025
- Business
- Yahoo
Liberty Mutual Re unveils new insurance product for Colombian farmers
Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance, has introduced a new parametric agriculture insurance product for Colombian farmers. The product is designed to offer financial protection against climatic risks and is launched in collaboration with XS Latam – part of XS Global Group – and SFA CEBAR. The insurance solution, developed by LM Re, incorporates the expertise of Floodbase, a parametric flood platform, and EarthDaily, which specialises in geospatial data and analytics for the agriculture sector. The product aims to enhance the resilience of Colombian agriculture by providing farmers with indemnity against severe weather events that could lead to the loss of their land, the company said. Building on a previous drought protection pilot, this product has been expanded to cover additional perils including floods and addresses the issue of cloud cover interference with satellite data. It features trigger mechanisms that facilitate prompt financial compensation to policyholders when certain conditions are met, the company added. LM Re has developed a method to deliver a consistent daily basis measure of the index, despite cloud cover. LM Re agriculture and parametrics head Jean-Christophe Garaix said: 'With farmers in Colombia routinely relying on annual loans to farm their land, should adverse weather cause a herd loss, many must sell land to repay the loan. This product is designed to mitigate that risk, making farming much more resilient. It also simultaneously reduces the risk banks face in offering finance, creating the potential for cheaper loans, which will further help support resilient farming in Colombia.' Earlier in the month, Liberty Mutual Holding Company reported attributable net income of $1.02bn for the first quarter of 2025, a decrease of 33.2% from $1.5bn in the same period of 2024. The company's revenues for the quarter remained flat at $12.48bn. "Liberty Mutual Re unveils new insurance product for Colombian farmers " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Korea Herald
10-04-2025
- Business
- Korea Herald
EarthDaily Analytics will Launch Its First Satellite This Summer, Reaches Major Milestone in World's Most Advanced Earth Observation Change Detection System
EarthDaily Constellation Unlocks the Power of Broad-Area Change Detection to Deliver Unmatched Value Across High-Impact Industries VANCOUVER, BC, April 10, 2025 /PRNewswire/ -- EarthDaily Analytics ("EarthDaily"), a global leader in Earth Observation (EO) data and analytics, today announced a major milestone in the development of its groundbreaking 10-satellite EarthDaily Constellation: the company has successfully integrated its first payload with one of Loft Orbital's Longbow satellite buses and completed spacecraft-level environmental testing. This achievement marks a significant leap forward and clears the way for the first EarthDaily Constellation satellite to launch into orbit this summer. The EarthDaily Constellation is poised to redefine Earth Observation in the AI era, unlocking the power of broad-area change detection and daily global revisit. Upon deployment, the EarthDaily Constellation will provide high-quality insights of critical value to high-impact industries, unlocking operational efficiencies, identifying and mitigating emerging and unrealized risks, and understanding the world at a scale and depth previously unavailable in the market. "We are driven by a mission to empower industries and governments with the tools they need to make informed, transformative decisions," said Don Osborne, CEO of EarthDaily Analytics. "The EarthDaily Constellation will deliver unmatched, high-quality data and insights that push the boundaries of what's possible in Earth Observation. Years of planning, groundbreaking science, and cutting-edge innovation come to life in this extraordinary spacecraft. Having reached this critical milestone, we are on the path to fundamentally transforming how our planet is monitored and understood, ultimately empowering our clients to better achieve their most critical objectives." EarthDaily is partnering with industry leaders like Loft Orbital, ABB, and SpaceX to deliver its EO solutions with reliability, innovation, and cost-efficiency. The constellation leverages Loft's Longbow satellite platform, which is based on the flight-proven Airbus Arrow bus platform. "The successful integration and testing of this first satellite is a testament to Loft's space infrastructure model and the strong partnership we've established with EarthDaily Analytics. We can't wait to get to the pad later this year and start unlocking the full potential of the EarthDaily Constellation," said Alex Greenberg, COO of Loft Orbital. ABB, a leading global engineering firm with a best-in-class presence in EO instrumentation, is providing and integrating EarthDaily's high-precision optical imaging payloads. With experience supporting cutting-edge space missions such as the NASA/NOAA Joint Polar Satellite System, as well as a range of innovative private sector satellite projects, ABB brings proven capability to this commercial-first initiative. "It's been an exciting journey developing this revolutionary Earth Imaging payload in close partnership with the EarthDaily team—one designed to deliver exceptional image quality and data accuracy," said Marc-André Soucy, Space and Defense Systems Director at ABB Measurement & Analytics Business Unit. The EarthDaily Constellation overcomes key limitations of both legacy systems and modern cubesat constellations, providing daily, science-grade imagery that simplifies complexity, mitigates risk, and supports critical decisions at global scale. EarthDaily Analytics is a global leader in Earth Observation, providing data and insights that empower industries and governments to make informed decisions for a more resilient future. With the launch of its groundbreaking EarthDaily Constellation, the company is revolutionizing how we monitor, understand, and interact with our planet.
Associated Press
18-03-2025
- Business
- Associated Press
EarthDaily Named to Fast Company's Annual List of the World's Most Innovative Companies of 2025
Pioneering geospatial data science earns EarthDaily a Top 10 spot in the Data Science category alongside global industry leaders VANCOUVER, BC, March 18, 2025 /PRNewswire/ -- EarthDaily has been named a Top 10 innovator in Data Science on Fast Company's prestigious 2025 list of the World's Most Innovative Companies. This recognition highlights EarthDaily's pioneering work in geospatial analytics, demonstrating its ability to transform complex Earth Observation data into solutions for critical global challenges. 'At EarthDaily, we believe that the most powerful and important data science innovations are those that drive real-world impact,' said Don Osborne, CEO of EarthDaily. 'Being recognized by Fast Company as one of the most innovative companies in data science affirms our commitment to using geospatial technology to create a more sustainable, transparent, and safe future.' EarthDaily's innovation is exemplified by its recent advancements in its mining product suites - Marigold and Iris - focusing on transforming how companies discover resources and safeguard communities. These breakthrough innovations drastically reduce the time, complexity, and cost of deriving strategic recommendations from mountains of data. Marigold, a no-code, cloud-based exploration platform, now integrates hyperspectral processing, enabling geologists to analyze mineral composition in minutes, significantly reducing exploration timelines and environmental impact. Iris, an InSAR-based ground monitoring application, empowers mining companies to proactively mitigate risks associated with tailings dam failures through real-time ground deformation monitoring. Additionally, the 2024 launch of a web-based platform and intelligent alerting system makes proactive safety monitoring more accessible and impactful than ever before. Fast Company's 'Most Innovative Companies' list is a highly anticipated annual feature. Editors and writers meticulously review thousands of global submissions from both emerging startups and established industry leaders, creating an extensive guide to modern innovation. According to Fast Company editor-in-chief Brendan Vaughan, the list aims to provide 'a comprehensive look at innovation today and a playbook for the future,' recognizing companies effectively using AI, building strong customer relationships, and introducing new ideas. As industries navigate safety and digital transformation, EarthDaily is redefining geospatial data science by bridging the gap between complexity and clarity. Fast Company's recognition reinforces EarthDaily's commitment to delivering actionable global intelligence from advanced Earth Observation data for a smarter, more resilient planet. About EarthDaily Analytics: EarthDaily Analytics is a global leader in Earth Observation, providing actionable insights and data that empower industries and governments to make informed decisions for a more resilient future. With the launch of its groundbreaking EarthDaily Constellation, the company is revolutionizing how we monitor, understand, and interact with our planet. Contact: For More Information Visit: Contact: Bryan Degnan, IGB Group ( [email protected]; +1-646-673-9701) ; +1-646-673-9701) About Fast Company Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with fellow business publication Inc. For more information, please visit
