Long-term, environmental-scale decisions made easy

Two platforms leverage satellite and resource data to help manage land, water, and energy assets

Spotted: The increasing pace of global warming means that more and more businesses need to take climate into account in their long-term planning. Upstream Tech’s climate modelling software is designed to empower organisations to better manage the risk to, and supply of, natural resources and to act at scale with confidence.

The startup offers two main platforms that quantify decision-making in environmental resource management. ‘HydroForecast’ helps companies better manage their water resources, using neural network models to forecast short-term and seasonal streamflow, along with long-term climatological outlooks. It can be used to minimise spill, optimise reservoir operations, and aid in dam safety and emergency preparedness, while also informing policy decisions, supply management, and energy trading.

Lens is a web-based, remote monitoring platform that improves access to high-resolution satellite, aerial, and environmental data, enabling better monitoring and protection of land around the world. The platform also provides users with tools to analyse this wealth of data to determine site conditions and easily generate reports.

Investment fund Engie New Ventures recently announced that it had invested an unspecified amount in Upstream Tech. Engie stated the investment will enable extensive partnership opportunities and will unlock Upstream Tech’s access to new geographies and use cases across its product portfolio.

Satellite data is being leveraged in a growing number of innovations aimed at environmental management. These include using satellites to predict the next extreme weather event and using satellites to prevent wildfires through better resource allocation.

Written By: Lisa Magloff