2 years ago
MGISS Secures £600,000 for Geospatial Data Mapping of Critical Infrastructure
Mobile GIS Services (MGISS) has raised £600,000 from NPIF – Mercia Equity Finance
MGISS uses satellite data and mapping technologies to help operators identify potential risks to critical infrastructure, such as construction work near underground cables or power lines
The company serves clients like Northumbrian Water Group, Wales and West Utilities, Severn Trent Water, Galliford Try, the National Trust, and the South West Peatland Partnership
The funding will support the development of a new and more powerful system that MGISS is working on with the European Space Agency (ESA), which will use high-resolution satellite images to create an ‘eye in the sky’, enabling utility firms worldwide to oversee key locations while cutting carbon emissions.
ProblemTechnology
"Utility companies lose billions of pounds each year due to supply interruptions, often caused by construction work disrupting underground cables or power lines. This problem is expected to worsen if planning laws are relaxed. "
Solution
"MGISS provides software that uses satellite data and mapping technologies to help utility companies identify and avoid potential risks, preventing disruption and saving money. Their new system will be even more powerful and could dramatically reduce downtime, regulatory fines, and environmental impact."