4 years ago

SatSense Raises £1.5 Million to Detect Subsidence with Satellite Data

  • SatSense, a Leeds-based startup, has secured £1.5 million in funding from NPIF – Mercia Equity Finance and the Government’s Future Fund

  • The company uses satellite data to detect subsidence in houses and buildings, providing instant access to highly accurate, near real-time data over large areas

  • The investment will be used to further develop the product, expand the team, and launch a new online platform that will provide engineers and other professionals with access to up-to-date information on ground movements.

      • ProblemTechnology

      "Subsidence is a costly problem for property owners and a major hazard. Landslips, the failure of bridges or dams and even sinkholes can result in widespread disruption and loss of life. "

      Solution

      "SatSense uses satellite data to detect subsidence and provide early warnings. This allows property owners to take preventative measures and avoid costly repairs. The technology can also be used to monitor infrastructure and ensure its safety."

      Covered on