
GeoKinesia
A remote sensing technology company based in Barcelona.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Spinout | ||
Total Funding | 000k |
EUR | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 158 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
% profit margin | (15 %) | 39 % |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Company filings or news article
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GeoKinesia, a remote sensing technology company headquartered in Barcelona, was established in 2020 as a spin-off from the Centre Tecnològic de Telecomunicacions de Catalunya (CTTC). The company's inception was facilitated by The Collider program, an initiative by the Mobile World Capital Barcelona Foundation designed to bridge the gap between scientific research and market application. GeoKinesia leverages decades of research from the CTTC, a prominent research institution in geomatics and telecommunications, commercializing its proprietary InSAR technology. The team is composed of experts with over 40 years of combined specialization in InSAR and geomatics, credited with more than 200 research papers. Key figures associated with the underlying technology include Michele Crosetto, who heads the Geomatics Division at CTTC.
The core of GeoKinesia's business is providing services that monitor ground and structural deformation using Interferometric Synthetic Aperture Radar (InSAR). This remote sensing technique compares satellite radar images of the same area taken at different times to detect and measure surface displacements with high precision. The company's technology portfolio, transferred from CTTC, includes the PSIG software for deformation monitoring, Active Reflectors for use in areas with poor SAR signal, and a patented INS/GNSS based tiltable surveying pole known as iPOLE. This allows for historical analysis of deformations by using archival data.
GeoKinesia serves a global client base across various industries, including mining, oil and gas, civil engineering, construction, and for governmental and environmental applications. The business model focuses on rendering deformation monitoring services to large accounts, with a strategic shift towards collaborating with geotechnical and asset monitoring firms, particularly for infrastructure projects. Revenue is generated through long-term service contracts and pilot projects. The company is also advancing its offerings by integrating Deep Learning algorithms into its InSAR processing chain and developing predictive solutions by combining remote sensing data with dynamic modeling.
Keywords: GeoKinesia, InSAR, deformation monitoring, remote sensing, geomatics, civil engineering, mining, oil & gas, infrastructure monitoring, satellite imagery, ground displacement, structural stability, CTTC, earth observation, geohazards, PSIG software, Active Reflectors, subsidence, asset monitoring, geotechnical services