Archives for 2024

WISeKey International Holding AG (“WISeKey”, SIX: WIHN) recently announced the company will conduct the second Proof of Concept (PoC) for SEALCOIN by transacting tokens via satellites to IoT devices.

The PoC is set to take place during the launch of a new generation of WISeSat satellites, planned for January of 2025. This milestone, once complete, will represent a major leap forward in secure, autonomous machine-to-machine (M2M) transactions using WISeSat’s current satellite constellation.

The launch of a new generation of WISeSat satellites will feature enhanced operational capabilities specifically designed to support M2M transactions from space. These next generation satellites will further strengthen the WISeSat constellation, enabling secure and efficient decentralized transactions across a wide range of IoT devices, marking a new era in space-based digital ecosystems.

This PoC will demonstrate SEALCOIN’s groundbreaking potential to facilitate decentralized transactions in the growing Internet of Things (IoT) ecosystem. Leveraging the SEALCOIN platform, the PoC will enable satellite-initiated transactions to IoT devices without human intervention. The tokens, based on Decentralized Ledger Technology (DLT), ensure secure, transparent, and tamper-proof exchanges, driving the creation of a scalable Transactional IoT (t-IoT) infrastructure.

Previously, SEALCOIN successfully conducted a PoC for t-IoT between two devices in early August. This milestone marked a significant step forward in the disintermediation of service providers for interconnected devices, showcasing the transformative potential of SEALCOIN’s innovative platform. For a video presentation of the initial PoC, please visit this direct link…

Transactional-IoT refers to the automated communication and transactions between devices within the Internet of Things (IoT) ecosystem. SEALCOIN’s PoC demonstrates the use of advanced technology embedded within a semiconductor device to validate and verify transactions autonomously. At the heart of this innovation is the Secure Element, an embedded security hardware that protects the private key and certificate representing the device’s unique identity. Leveraging elliptic curve cryptography (ECC) compatible with Hedera’s Decentralized Ledger Technology (DLT), the device can simultaneously authenticate and sign transactions on-chain.

Backed by more than 25 years of experience in cybersecurity and secure semiconductor chips, embedded firmware, and trusted hardware provisioning services, SEALCOIN AG, the WISeKey subsidiary housing the SEALCOIN project, is establishing itself as a trusted partner in safeguarding digital assets. SEALCOIN AG was formed in collaboration with The Hashgraph Group AG, and is poised to revolutionize decentralized services and IoT markets.

The SEALCOIN platform will seamlessly integrate physical security infrastructure with DLT components, bridging the gap between traditional secure systems and the decentralized digital future. The platform will ensure that all autonomous device interactions occur within a transparent, secure ecosystem, with SEALCOIN’s TIOT token serving as the key enabler of these interactions. This system is designed to eliminate bottlenecks and vulnerabilities associated with centralized transaction models, ushering in a new era of M2M transactions.

SEALCOIN’s first PoC was a success, validating the feasibility of M2M transactions within a terrestrial framework. The second PoC will expand this capability to space-based systems, with SEALCOIN tokens transacted via WISeSat’s satellite constellation to IoT devices on the ground. This innovative approach demonstrates the scalability of decentralized infrastructures to handle real-world applications, from energy trading to automated service exchanges.

With SEALCOIN’s TIOT token, IoT devices can autonomously negotiate, execute, and settle transactions securely, without the need for human intervention or centralized intermediaries. This decentralized marketplace allows devices to participate in service-for-payment exchanges and other automated processes, all powered by SEALCOIN’s t-IoT token.

Carlos Moreira, CEO of WISeKey, said, “This PoC marks an important step towards enabling seamless, decentralized M2M transactions from space. With the SEALCOIN token and WISeSat’s satellite infrastructure, we are moving closer to a future where IoT devices can securely and autonomously manage transactions across vast, interconnected ecosystems. The upcoming launch of the new generation of WISeSat satellites in January 2025 will further accelerate our vision of a decentralized, space-powered IoT network.”

SatixFy Communications Ltd. (“SatixFy”) (NYSE American: SATX) has signed a software development and license agreement with MDA Space Ltd. (“MDA Space”) (TSX: MDA) — under the agreement, SatixFy will provide the modem and beamforming software for the SatixFy chipsets to be used in digital satellite broadband LEO payloads and will also provide SatixFy’s software licenses and a development kit to support MDA Space deliveries to customers.

SatixFy’s software and related services are part of its broad offering of digital satellite payload products that include groundbreaking radiation-hardened chipsets with on-board processing and support for multi-beam digital antennas, as well as advanced ground terminals.

The full contract price is $9 million, comprised of $6 million for delivery of the software solution with a license to support an existing MDA Space customer and $3 million for a further license to support future customers. Furthermore, the contract allows for MDA Space to retain an option to be granted access to a part of the code related specifically to the data plane for a further $4 million.

Nir Barkan, Chief Executive Officer of SatixFy, said, “MDA Space has been a steadfast partner to SatixFy and our business with them has grown consistently. We are very pleased with this new contract, and we believe that it will position SatixFy as a market leader and technology provider of both space-grade chips and software for next-generation digital satellite payloads. Our space-grade chips are increasingly becoming a core technology underpinning the communications within many of the next-generation LEO and Geostationary (“GEO”) satellite constellations to be launched in the coming years. This new agreement demonstrates the trust that MDA Space has in our abilities to provide them with a best-of-breed suite of software and services that push the technological boundaries forward in the satellite communications industry. We look forward to further leveraging our expertise to support the satellite communication industry’s ambitious roadmap.”

About SatixFy
SatixFy develops end-to-end next-generation satellite communications systems, including satellite multi beam digital antennas, user terminals and modems, based on powerful chipsets that it develops in house. SatixFy’s products include modems that feature Software Defined Radio (SDR) and Fully Electronically Steered Multi Beam Antennas (ESMA) that support the advanced communications standard DVB-S2X. SatixFy’s innovative ASICs improve the overall performance of satellite communications systems, reduce the weight and power requirements of terminals and payloads, and save real estate for gateway equipment. SatixFy’s advanced VSATs and multi-beam fully electronically steered antenna arrays are optimized for a variety of mobile applications and services, using LEO, MEO and GEO satellite communications systems, for aero/in-flight connectivity systems, communications-on-the-move applications and more. SatixFy is headquartered in Rehovot, Israel with additional offices in the U.S., U.K. and Bulgaria.

Silicon Sensing Systems’ DMU30 high performance inertial measurement unit (IMU) continues to perform within the control system of Japan’s first X-band synthetic aperture radar (SAR) small satellite from the Institute for Q-shu Pioneers of Space, Inc. (iQPS) of Fukuoka, Japan.

On board the iQsdPS satellite the DMU30 commences operation immediately after separation from the launch rocket and continues throughout each mission, working with other systems to monitor and control angular velocity and attitude angle and to assess and correct any rocking motion that occurs as key structures, such as the large antenna, are deployed.

David Somerville, General Manager Silicon Sensign comments, “In this environment our MEMS technology offers key advantages over traditional high-performance inertial options such as fiber optic and ring laser gyro devices.  This IMU can match the performance of a FOG unit but in a much more compact and rugged unit, ideal for severely space and weight limited platforms such as the iQPS satellite — for prolonged operations in extreme environments.”

The iQPS satellite is a 1m resolution, high-performance, X-band SAR-satellite weighing only 100Kg. These are deployed in a group of 36 which, together, offer Earth observation data to support tasks such as disaster management as well as land and infrastructure surveying.

In 2020, Masahiko Uetsuhara, Project Manager, iQPS explained, “Normally a gyro sensor’s output will include errors that appear over time and with severe temperature change and we would need to calibrate for that, but with the DMU30 that calibration is not required.  This reduces man-hours and improves work efficiency, both very important factors for us. This product is also technically reliable, has been proved in satellite projects, is ITAR free — and the price was attractive for this level of performance.”

The highly successful DMU30 silicon MEMS IMU is the predecessor to Silicon Sensing Systems’ latest generation IMU, the DMU41.

iQPS (Institute for Q-shu Pioneers of Space) is a space start-up founded in 2005 by two Emeritus Professors of Kyushu University and a rocket developer to establish the space industry in the Kyushu region in Japan.  The goal of iQPS small SAR satellite project is to deliver a near real-time data provision service.  In December 2019 iQPS launched its first small SAR satellite ‘Izanagi’ and planning to launch its second satellite ‘Izanami’ in the late 2020.  For further information. 

Silicon Sensing Systems Ltd is a gyroscope and inertial systems engineering development company, jointly owned by Collins Aerospace and Sumitomo Precision Products.  The company was formed in 1999 and is, today, a market leader in silicon, micro electro-mechanical systems (MEMS)-based navigation and stabilization technology. Approaching 40 million MEMS gyroscopes and accelerometers have been supplied to thousands of customers since the company’s formation. 

EMTECH SPACE, the prime contractor for the Hellenic Space Dawn (HSD) mission under the Greek CubeSat In-orbit Validation program managed by ESA, has selected the EnduroSat CubeSat platform as the key infrastructure for this groundbreaking satellite project.

This collaboration marks a major milestone for Greece’s expanding space capabilities, with EMTECH SPACE and EnduroSat aiming to leverage advanced space technologies to validate cutting-edge systems in orbit. This mission is set to propel Greece’s presence in the global space sector, highlighting the country’s commitment to innovation and satellite technology development.

The selected CubeSat platform from EnduroSat incorporates highly reliable components with proven flight heritage, including two 8U structures, an On-Board Computer with GNSS for precise navigation, an electrical power system supported by large batteries and advanced solar panels for satellite power generation, an S-band transceiver for communication, and an X-band transfer for data transmission.

This robust combination ensures the CubeSat’s operational effectiveness and reliability throughout the mission. The Hellenic Space Dawn Mission aims to validate Greek space technologies both in orbit and on the ground, enhancing the country’s space capabilities and fostering international collaboration with organizations such as ESA, which has backed seven Greek CubeSat missions – developed by small and medium-sized companies and universities – since 2023 through the Greek National Small Satellite Program.

The mission involves a two-satellite constellation and a comprehensive ground segment, consisting of optical and RF (S/X-band) ground stallions, a mission control system at EMTECH premises, and a Payload Data Ground Segment using secure cloud technologies. The mission promotes secure high-speed optical communication between satellite and ground, as well as secure intersatellite RF communication. Furthermore, it enables various Earth Observation applications, such as ship detection, coastal flood monitoring, and agriculture.

Key features include near real-time response, high image resolutions, and on-board image processing. EMTECH SPACE S.A. is proud to lead a robust collaboration with leading Greek SMEs and academic institutions for the mission.

Integrated Systems Development (ISD S.A.) oversees payload development, provides microelectronic integrated circuits and high-performance EDGE processing modules, and manages AIT/AIV adjectives.

HERON Engineering handles mechanical engineering aspects.

Geosystems Hellas develops Earth Observation applications and the Payload Data Ground Segment.

Aristotle University of Thessaloniki offers expertise in system simulations and CubeSat missions.

National Kapodistrian University of Athens supports onboard processing for image compression algorithms.

The Hellenic Naval Academy contributes to optical communication experiment simulations.

EMTECH SPACE S.A.’s strategy reaches far beyond the immediate scope of the HSD mission, with a clear vision to become a prominent operator in future CubeSat missions, catering to both Greek and international partners. To realize this goal, the company is actively cultivating robust partnerships with key players in the global CubeSat market. By leveraging cuing-edge technology and established expertise from collaborators such as EnduroSat, EMTECH SPACE positions itself to deliver reliable, high performance CubeSat missions that meet the growing demand for satellite services across sectors such as telecommunications, Earth Observation, and scientific research.

On the other side, this partnership opens doors to future projects and solidifies Endurosat’s reputation as a go-to provider for innovation and flight-proven satellite constellations. Together, the two companies are well-positioned to support the growing space ambitions of Greece and beyond.

Nikolaos-Antonios Livanos, Founder and Managing Director of EMTECH SPACE S.A., said, “We are excited to embark on this pivotal collaboration with EnduroSat, particularly for such a critical mission. Our decision to select the EnduroSat CubeSat platform was strategic, aimed at minimizing risk by using a proven, flight-ready solution from a trusted partner. This partnership not only reinforces our confidence in the project’s success but also strengthens our ongoing relationship with EnduroSat, as we work together to advance Greece’s role in space technology.”

“It is a pleasure for us to collaborate with EMTECH and assist them in their mission to validate Greek space technologies both in orbit and on the ground, strengthening Greece’s space capabilities” said Raycho Raychev , Founder and Chief Executive Officer at EnduroSat. “This is a very exciting project, and we are thrilled that they have entrusted us with the CubeSat Bus of the HSD mission.”

AAC Clyde Space has announced that a total of 188,000 AAC Clyde Space shares, issued as consideration for the acquisition of Spacemetric AB, have been registered, bringing the total number of shares in AAC Clyde Space to 5,891,835 from the previous 5,703,835.

The acquisition of Spacemetric AB was completed on October 1, 2024, as previously announced. In connection with closing, the board of directors in AAC Clyde Space resolved, with support from the authorization granted at the annual general meeting held on 23 May 2024, to issue 188,000 shares and 106,800 warrants to the current shareholders in Spacemetric, entailing a total increase of AAC Clyde Space’s share capital with SEK 589,600, provided that all earn-out milestones are fulfilled and that the warrants are exercised for subscription of shares.

The consideration shares are subject lock-up undertakings, whereby one third of the shares are subject to a lock-up for 360 days, one third of the shares are subject to a lock-up for 630 days and one third of the shares are subject to a lock-up for 810 days. Shares issued by exercise of the warrants will be subject to a lock-up for 360 days.

For further information on the transaction, please refer to the press release issued on July 3, 2024, which is available on www.aac-clyde.space.

First Phase 3 Lane 1 task orders issued under dual-lane acquisition strategy expands
launch service provider pool for national security launches.

The U.S. Space Force’s Space Systems Command (SSC) awarded National Security Space Launch (NSSL) Phase 3 Lane 1 Launch Service Task Orders (LSTOs) totaling $733,566,001 to SpaceX.

These are the first two NSSL Phase 3 Lane 1 LSTOs issued under an Indefinite Delivery Indefinite Quantity (IDIQ) contract awarded in June of 2024. They include one Task Order for seven Space Development Agency (SDA) launches, and one for a National Reconnaissance Office (NRO) mission set.

The SDA-1 LSTO will support the launch of Space Vehicles (SVs) for the Tranche 2 Transport Layer satellite constellation.

The NTO-2 LSTO will support an NRO mission set that will be launched into orbit during 4QFY25 and 4QFY26. SpaceX will launch the NRO mission set from Vandenberg Space Force Base.

The next opportunity for providers to on-ramp their emerging systems to the Lane 1 IDIQ contract will occur later this year followed by several more Task Order RFPs for launch services in the third quarter of FY25.

The Phase 3 Lane 1 award period consists of a five-year base ordering period from FY25 to FY29 plus a five-year option. At least 30 NSSL Lane 1 missions are expected to be competed over the five-year base ordering period. 

“In this era of Great Power Competition, it is imperative to not leave capability on the ground,” said Brig. Gen. Kristin Panzenhagen, program executive officer for Assured Access to Space. “The Phase 3 Lane 1 construct allows us to execute launch services more quickly for the more risk-tolerant payloads, putting more capabilities on orbit faster in order to support National Security.”

“We are excited to kick off our innovative NSSL Phase 3 Lane 1 effort with two task orders that support critical NRO and SDA missions,” said Lt. Col. Douglas Downs, SSC’s materiel leader for Space Launch Procurement. “Industry stepped up to the plate and delivered on this competition. Our innovative dual-lane strategy is enabling a streamlined process from mission acquisition to launch, getting our assets on orbit for our warfighters’ benefit more quickly. Plus, with the ability to on-ramp new providers and systems annually, we expect to see increasing competition and diversity.”

Space Systems Command is the U.S. Space Force’s field command responsible for acquiring and delivering resilient war fighting capabilities to protect our nation’s strategic advantage in, from, and to space. SSC manages a $15.6 billion space acquisition budget for the DoD and works in partnership with joint forces, industry, government agencies, and academic and allied organizations to accelerate innovation and outpace emerging threats. Our actions today are making the world a better space for tomorrow.

Firefly Aerospace, Inc., an end-to-end space transportation company, and space defense technology company True Anomaly, Inc., today announced a multi-launch agreement for three responsive launch missions aboard Firefly’s Alpha rocket.

The first mission will deploy the True Anomaly Jackal Autonomous Orbital Vehicle (AOV) for the U.S. Space Force Space Systems Command’s VICTUS HAZE Tactically Responsive Space (TacRS) mission targeted for 2025. The two additional missions are available for execution between 2025 and 2027.

True Anomaly first announced it was selected for the VICTUS HAZE mission in April of 2024. Now with support from Firefly, the company will execute four main phases: build, hot standby, launch, and on-orbit operations.

During the build phase, True Anomaly will complete development and testing of its Jackal Autonomous Orbital Vehicle at its factory GravityWorks in Denver, Colorado, and transport it to Firefly’s SLC-2 payload processing facility at Vandenberg Space Force Base, California for fueling, integration, and encapsulation in Alpha’s fairing. The True Anomaly and Firefly joint mission team will then enter the hot standby phase while the encapsulated payload remains stored in Firefly’s environmentally controlled processing facility.

True Anomaly and Firefly will remain on call until the U.S. Space Force provides the notice to launch. The Firefly team will then have 24 hours to transport the payload fairing to the pad, mate the fairing to Alpha, fuel the rocket, and launch within the first available window. Once True Anomaly’s Jackal spacecraft is deployed, True Anomaly will begin its on-orbit operations.

“VICTUS HAZE is an exemplar for how strong partnerships between the U.S. government and an exceptional industry team can create asymmetric capabilities at record speeds,” said Even Rogers, CEO of True Anomaly. “Firefly Aerospace has consistently demonstrated innovation and agility in the rapidly evolving landscape of responsive space launch logistics and space vehicle deployment. We are confident that they will build on their track record from VICTUS NOX, enabling True Anomaly to deploy the Jackal Autonomous Orbital Vehicle for VICTUS HAZE. The procurement of additional rapid, responsive launch capacity from Firefly beyond VICTUS HAZE, paired with True Anomaly’s rapid manufacturing capability, will enable standing capacity for the U.S. National Security Space enterprise to rapidly respond to mission requirements in Low Earth Orbit and Medium Earth Orbit.”

“After launching VICTUS NOX last year, the Firefly team is ready to hit the ground running to support another rapid launch for tactically responsive space,” said Jason Kim, CEO at Firefly Aerospace. “We are honored by the vote of confidence from True Anomaly and the U.S. Space Force in Firefly’s ability to unlock repeatable, on-demand launch capabilities that enable our nation to respond to urgent on-orbit needs.”

VICTUS HAZE will be the second U.S. Space Force mission Firefly has supported with its rapid launch capabilities. In September 2023, Firefly successfully launched the U.S. Space Force’s VICTUS NOX mission following a 24-hour notice, demonstrating a critical capability for the United States to rapidly respond to on-orbit needs during a conflict or in response to a national security threat. The Firefly team has since operated every Alpha launch as a responsive space demonstration, enabling the team to continue practicing and streamlining its rapid launch capabilities for both government and commercial customers.

About Firefly Aerospace
Firefly Aerospace is an end-to-end space transportation company with launch, lunar, and on-orbit services. Headquartered in central Texas, Firefly is a portfolio company of AE Industrial Partners (“AEI”) focused on delivering responsive, reliable, and affordable space access for government and commercial customers. Firefly’s small- to medium-lift launch vehicles, lunar landers, and orbital vehicles provide the space industry with a single source for missions from low Earth orbit to the surface of the Moon and beyond.

OQ Technology has secured a convertible loan investment as part of its Series-B round — the investment is from the newly-established Luxembourg Space Sector Development fund (LSSD) which is co-led by SES S.A. and the Luxembourg government, and by existing shareholders who strongly backed up this second investment: Waed Ventures (the venture capital arm of the oil and gas giant, Aramco) and Phaistos Investment Fund from Greece.

OQ raised Series-A round of 13 million euros in 2022. This new investment will help OQ Technology accelerate its commercial operations globally, expand its licensed spectrum market access, and convert its existing pipeline into paying customers. OQ Technology already has commercial partnerships with customers such as Aramco, Telefonica, Deutsche Telekom, Transatel, and many more.

The company deployed the first batch of its satellites since 2019 and is looking to expand its satellite constellation by raising the remaining amount of its Series-B round. The company is also looking into expanding its NTN services to address direct-to-smart phone messaging.

“This investment represents a major boost for the company and gives the confidence to other investors to join our round, being backed up by both the world’s largest satellite operator and the venture capital fund of the oil and gas giant is a strong testimony to the value of our standard-based 5G satellite connectivity service” said Founder and CEO, Omar Qaise.

EarthDaily Analytics has acquired Descartes Labs and that company’s wholly-owned subsidiary, Descartes Labs Government, Inc. — the newly combined company will be led by EDA CEO, Don Osborne.

The integration of Descartes Labs’ established insurance, energy, mining, and U.S. defense and intelligence business segments represents a major expansion of EDA’s Earth Observation (EO) and value-added products into market segments with a diversified existing customer base and significant growth potential. Established DL commercial products, including Marigold, Iris, and Ascend, as well as DLG products Retina and Wayfinder, which are used by the U.S. Government, will be enhanced by the powerful data provided by the EarthDaily Constellation, set to launch in 2025. The Acquisition ensures that both current and future customers will benefit from best-in-class solutions with unprecedented capabilities.

The acquisition also further enhances EDA as a platform for future geospatial acquisition opportunities. The Company is focused on acquisition opportunities in which it can gain immediate access to select high-value verticals, leveraging its core technology and cross-platform synergies to unlock material value in the acquired businesses.

Don Osborne, CEO of EarthDaily Analytics, said, “We are thrilled to welcome the Descartes Labs team into the EarthDaily Analytics family. Having worked closely with DL in recent months, we have been deeply impressed by their unique knowledge and insights in the application of geospatial data to address key challenges facing the public and private sectors. Moreover, drawing on the success of our agriculture business and our proven capabilities in using broad area change detection to identify and address issues on the ground, we see DL as being highly complementary to EDA’s overall business. EDA and DL share a vision for EO in which the value of cutting-edge technology is firmly rooted in its ability to provide material support to decision makers on the ground. Leveraging our core technology, this acquisition instantly positions the combined EDA as a highly relevant player in multiple fast-growing, high-value markets, building on our established position as a global leader in the agriculture and ag insurance markets. Additionally, this significant expansion positions us to offer a comprehensive, end-to-end geospatial and AI service offering that meets the complex and multifaceted needs of even the largest civil government and commercial partners. The full extent of this synergy will become undeniable with the 2025 launch of the EarthDaily Constellation, which will change the game in EO with daily imaging of the world’s landmasses and relevant maritime areas, creating a scientific-quality data source purpose-built for AI applications. Utilizing the combination of Everywhere Everyday EO, multiple high-impact downstream business segments, and our focus on real-world applications and seamless integration with best-in-class data analytics tools, EDA is poised to unlock the full power of big data and AI in geospatial intelligence and applications, driving superior business, regulatory, and policy outcomes.”

Chandra Patel, Managing Partner of Antarctica Capital and Chairman of EarthDaily Analytics, said, “Antarctica Capital has a strong institutional commitment to the geospatial and data analytics sectors. We believe this merger will unlock significant opportunities for growth and innovation, with the newly combined Company positioned to be a vertically integrated industry leader focused on leveraging its data, software, and data analytics as a service platform, driven by AI and machine learning. Antarctica Capital remains committed to supporting EDA through this exciting new chapter.

About EarthDaily Analytics
EarthDaily Analytics (EDA), headquartered in Vancouver, Canada, is a vertically integrated provider of Earth Observation data, analytics, and solutions. Utilizing a unique combination of proven space technologies, ground-breaking AI applications, and cutting-edge big data tools, EDA provides value-added, actionable insights to decision-makers and risk managers across the public and private sectors on a global basis. Building on a 35-year track record of leadership and innovation in the commercial application of Earth Observation technology, EDA is moving the state of the Change Detection industry forward with the 2025 launch of the EarthDaily Constellation. Supported by best-in-class project partners including Loft Orbital, Airbus, ABB, and SpaceX, the EarthDaily Constellation will provide spectrally robust, analytics-ready data covering nearly 100% of the world’s landmasses and key maritime regions, collected at the same time every day. Pairing the unmatched data collection of the EarthDaily Constellation with EarthPipeline, the world’s first fully managed, endlessly scalable ground segment pipeline-as-a-service, EarthDaily Analytics is bringing the world’s most advanced change detection system to bear on the biggest challenges facing businesses, governments, and humanity as a whole.

About Descartes Labs
Descartes Labs, Inc., and its wholly-owned government subsidiary, Descartes Labs Government, Inc., solve the world’s most complex problems through advanced science. We offer customers an accelerated ability to address operational needs by transforming the world’s data into actionable and predictive insights that impact climate change, sustainability, food security, and safeguard natural resources at the speed of relevance. Our solutions offer unique advantages to our customers that are grounded in an ever-expanding portfolio of dual-use commercial products and capabilities which are enabled by our core technology stack. Descartes Labs is an industry innovator, transforming data to decisions around the world.

About Antarctica Capital
Antarctica Capital is an alternative asset management firm headquartered in New York with assets under management of approximately $3.6 billion as of December 31, 2023. Antarctica Capital is a registered investment advisor and is dedicated to investments in private markets and real assets and the establishment of long-term capital vehicles to leverage this investment focus. Antarctica Capital’s investment approach is active ownership with an inherent focus on sustainability and providing more than capital to develop companies. The firm has an absolute return focus, which leads the firm to rigorously evaluate and build conviction around idiosyncratic investment opportunities and build value through the implementation of its investment strategies, such as SIGA®, SARO® and SEREY.