SlideShare a Scribd company logo
1
Investor Presentation
Co-Founder & CTO VP, Product Dev
VP, Computing VP, Business Dev
Suyash Singh Denil Chawda Kishan Thakkar
Rakshit Bhatt Pranit Mehta
Co-Founder & CEO
Team Avishkar Hyperloop, IIT
Madras
Team who built Hyperloop is now building GalaxEye Space
Masters in Aerospace
Engg.
IIT Madras.
Worked at Reliance
Chairman’s office
Masters in Aerospace Engg
IIT Madras.
5+ Years at TCS Research in
Satellite Imagery Analytics
Dual Degree in Engineering
Design IIT Madras.
Carry rich experience in Deep
learning and computing
Bachelors in Metallurgy
IIT Madras.
Lead Team Avishkar and
realized the first ever Linear
Induction motor in India.
Dual Degree in Engineering
Design IIT Madras.
Lead Team Avishkar and
Created a consortium of big
companies to realize Hyperloop
GalaxEye Space
4
“The number of fires on board large vessels has increased
significantly in recent years, which leads to multiple false
claims and unclear processes,” said Régis Broudin, global
head of marine claims at AGCS.
Low Tech Insurance Companies facing Heat
● About ~ $100 Mn gap per yr* between
Insured Loss and Overall Losses due to
inaccurate risk modelling
● Lloyds’ of London settled a $54 Mn claim for
MT Salem, later proven a fraud
○ 20% annually were false claims
● In USA (2020), 38% Structural Fires were
intentional in US to claim insurance under
wildfires
Averaged over last 5 years
5
Problem : Inefficient Claims Verification
Manual Inspection IoT Installation Drone Flights
★ Spatial Visual
Information
➢ Not allowed until 72
hours from incident
★ Real- time
information
➢ 67% Ship Owners say
IoT is not cost-saving
★ Conventional
Approach
➢ $8000 per ground
inspection
Focus Insurance Market - $461 B
Maritime and Natural Catastrophe
● Insurance - $ 151 B
● Re-Insurance - $ 310 B
Addressable Market
Spends on Tech
$ 40 B
Target Market
Satellite Imagery
$ 10 B
Revenue Potential
5% Market Share
$ 1.5 B
Use Cases
7
● Risk Assessment
● Claims Verification
● Premium Calculations
Customer : Reinsurance Firms
Other Markets
8
Reinsurance
Agriculture
Mining & Energy
Supply Chain
Utilities
Real Estate
Forestry
Disaster
Management
Defense &
Security
Maritime
9
Satellite Imagery is the Solution
10
Product
GalaxEye Satellite
GalaxEye Platform
GalaxEye Constellation
User
12
Existing Capabilities of Satellites
Revenue
113 M USD
Revenue
Pre-Rev
Multispectral / Hyperspectral Synthetic Aperture Radar (SAR)
Revenue
83 M USD
Revenue
58 M USD
15
GalaxEye’s Satellite Data
Intuitive All-time all-weather information providing
accurate near-real-time insights
16
How ? with our Drishti Satellites
World’s First Multisensor Imaging Satellite
17
17
Forest Fire Monitoring
Multispectral
● Smoke is detected
and seen
● Ground Situation is
not understood
SAR
● Ground Situation is seen and
well understood
● Time of Fire unknown since
smoke is not seen
Data Fusion
★ Presence of smoke and time
of fire is visible
★ Ground Situation is seen and
well understood
Customer Traction So far :
Received 50 Million+ USD Annually worth LOIs
Co Creation MoUs in Place with Customers
Insurance
22
GTM : Offering Fusion-based Data & Insights
Wildfire Insurance
Aquaculture/Agriculture
Yield
Aquaculture/Agriculture
Insurance & Defence
Health Insights using Open-
source (OS) Datasets
GalaxEye’s High Resolution
Data Fusion and Insights
Risk insights using
Drone & OS Imagery
In House Testing
2021
R&D
Roadmap
Drone & Aircraft (4 km)
2022
Serve Specific Regions on Request
Satellite (500km)
2024
Map the World every 7
days
Constellation
2027
Map the world every
3 Hours
Seed
3.5 M USD
Raised
Pre-Seed
350 K usd
Raised
Advisors
19
Prof. S. R.
Chakravarthy
Professor - IIT Madras
Dr. S.
Christopher
Govindhasam
y Karthik
Ajay
Gummalla
Ex- Chairman,
DRDO
Co-Founder &
CTO, Antaris Inc.
Ex-CTO - Planet
Labs
Director , Systems
Waymo
Dr Rao
Ramayanam
Sales Consultant
Eyes & Brain
in Space
Thank You

More Related Content

Similar to Galaxeye

Drones and their impact on 19th century technology: railways
Drones and their impact on 19th century technology: railways Drones and their impact on 19th century technology: railways
Drones and their impact on 19th century technology: railways
Scott Stonham
 
DigitalClone Product Release
DigitalClone Product ReleaseDigitalClone Product Release
DigitalClone Product Release
Sentient Science
 
Drilling for data
Drilling for data Drilling for data
Drilling for data
Venditto Consulting
 
Drilling for Data: Analytics to Extract Insight Infographic
Drilling for Data: Analytics to Extract Insight InfographicDrilling for Data: Analytics to Extract Insight Infographic
Drilling for Data: Analytics to Extract Insight Infographic
SAP Analytics
 
Top 10 Factors to Consider for Solar Trackers Feb 16 2016
Top 10 Factors to Consider for Solar Trackers Feb 16 2016Top 10 Factors to Consider for Solar Trackers Feb 16 2016
Top 10 Factors to Consider for Solar Trackers Feb 16 2016
Khushbu Singh
 
Top 10 Factors to Consider for Solar Trackers Feb 16 2016
Top 10 Factors to Consider for Solar Trackers Feb 16 2016Top 10 Factors to Consider for Solar Trackers Feb 16 2016
Top 10 Factors to Consider for Solar Trackers Feb 16 2016
Wassim Bendeddouche
 
Avi news letter 15th issue
Avi news letter 15th issueAvi news letter 15th issue
Avi news letter 15th issue
AvitrueSpares
 
AVI-NEWS Letter 15th Issue
AVI-NEWS Letter 15th IssueAVI-NEWS Letter 15th Issue
AVI-NEWS Letter 15th Issue
Avitrue Spares
 
Cloud Powered IoT: Connected Solutions Helping Communities
Cloud Powered IoT: Connected Solutions Helping CommunitiesCloud Powered IoT: Connected Solutions Helping Communities
Cloud Powered IoT: Connected Solutions Helping Communities
Amazon Web Services
 
Aingel Accelerator
Aingel Accelerator Aingel Accelerator
MilitaryRadar2015FullAgenda_12
MilitaryRadar2015FullAgenda_12MilitaryRadar2015FullAgenda_12
MilitaryRadar2015FullAgenda_12
Trevor Sosvielle
 
BDVe Webinar Series - Big Data Ocean - Rocking the boat with Big Data
BDVe Webinar Series - Big Data Ocean - Rocking the boat with Big DataBDVe Webinar Series - Big Data Ocean - Rocking the boat with Big Data
BDVe Webinar Series - Big Data Ocean - Rocking the boat with Big Data
Big Data Value Association
 
Vessel Protect - InsurTech Innovation Award 2022
Vessel Protect - InsurTech Innovation Award 2022Vessel Protect - InsurTech Innovation Award 2022
Vessel Protect - InsurTech Innovation Award 2022
The Digital Insurer
 
10 Secrets of Virtual Storytelling: A Guide For Better Online Presentations
10 Secrets of Virtual Storytelling: A Guide For Better Online Presentations10 Secrets of Virtual Storytelling: A Guide For Better Online Presentations
10 Secrets of Virtual Storytelling: A Guide For Better Online Presentations
Jeremy Waite
 
Aws keynote oil and gas calgary industry day - jon guidroz
Aws keynote oil and gas calgary industry day -  jon guidrozAws keynote oil and gas calgary industry day -  jon guidroz
Aws keynote oil and gas calgary industry day - jon guidroz
Amazon Web Services
 
ISU | Space-enabled Big Data
ISU | Space-enabled Big DataISU | Space-enabled Big Data
ISU | Space-enabled Big Data
Valery Komissarov
 
MapR Edge : Act Locally Learn Globally
MapR Edge : Act Locally Learn GloballyMapR Edge : Act Locally Learn Globally
MapR Edge : Act Locally Learn Globally
ridhav
 
The rise of the robot and the lie of resilience
The rise of the robot and the lie of resilienceThe rise of the robot and the lie of resilience
The rise of the robot and the lie of resilience
Girija Shettar
 
GTM Research Welcome Presentation
GTM Research Welcome PresentationGTM Research Welcome Presentation
GTM Research Welcome Presentation
Nicole Green
 
Big value for big data in oil and gas industry!
Big value for big data in oil and gas industry!Big value for big data in oil and gas industry!
Big value for big data in oil and gas industry!
Sai Natkar
 

Similar to Galaxeye (20)

Drones and their impact on 19th century technology: railways
Drones and their impact on 19th century technology: railways Drones and their impact on 19th century technology: railways
Drones and their impact on 19th century technology: railways
 
DigitalClone Product Release
DigitalClone Product ReleaseDigitalClone Product Release
DigitalClone Product Release
 
Drilling for data
Drilling for data Drilling for data
Drilling for data
 
Drilling for Data: Analytics to Extract Insight Infographic
Drilling for Data: Analytics to Extract Insight InfographicDrilling for Data: Analytics to Extract Insight Infographic
Drilling for Data: Analytics to Extract Insight Infographic
 
Top 10 Factors to Consider for Solar Trackers Feb 16 2016
Top 10 Factors to Consider for Solar Trackers Feb 16 2016Top 10 Factors to Consider for Solar Trackers Feb 16 2016
Top 10 Factors to Consider for Solar Trackers Feb 16 2016
 
Top 10 Factors to Consider for Solar Trackers Feb 16 2016
Top 10 Factors to Consider for Solar Trackers Feb 16 2016Top 10 Factors to Consider for Solar Trackers Feb 16 2016
Top 10 Factors to Consider for Solar Trackers Feb 16 2016
 
Avi news letter 15th issue
Avi news letter 15th issueAvi news letter 15th issue
Avi news letter 15th issue
 
AVI-NEWS Letter 15th Issue
AVI-NEWS Letter 15th IssueAVI-NEWS Letter 15th Issue
AVI-NEWS Letter 15th Issue
 
Cloud Powered IoT: Connected Solutions Helping Communities
Cloud Powered IoT: Connected Solutions Helping CommunitiesCloud Powered IoT: Connected Solutions Helping Communities
Cloud Powered IoT: Connected Solutions Helping Communities
 
Aingel Accelerator
Aingel Accelerator Aingel Accelerator
Aingel Accelerator
 
MilitaryRadar2015FullAgenda_12
MilitaryRadar2015FullAgenda_12MilitaryRadar2015FullAgenda_12
MilitaryRadar2015FullAgenda_12
 
BDVe Webinar Series - Big Data Ocean - Rocking the boat with Big Data
BDVe Webinar Series - Big Data Ocean - Rocking the boat with Big DataBDVe Webinar Series - Big Data Ocean - Rocking the boat with Big Data
BDVe Webinar Series - Big Data Ocean - Rocking the boat with Big Data
 
Vessel Protect - InsurTech Innovation Award 2022
Vessel Protect - InsurTech Innovation Award 2022Vessel Protect - InsurTech Innovation Award 2022
Vessel Protect - InsurTech Innovation Award 2022
 
10 Secrets of Virtual Storytelling: A Guide For Better Online Presentations
10 Secrets of Virtual Storytelling: A Guide For Better Online Presentations10 Secrets of Virtual Storytelling: A Guide For Better Online Presentations
10 Secrets of Virtual Storytelling: A Guide For Better Online Presentations
 
Aws keynote oil and gas calgary industry day - jon guidroz
Aws keynote oil and gas calgary industry day -  jon guidrozAws keynote oil and gas calgary industry day -  jon guidroz
Aws keynote oil and gas calgary industry day - jon guidroz
 
ISU | Space-enabled Big Data
ISU | Space-enabled Big DataISU | Space-enabled Big Data
ISU | Space-enabled Big Data
 
MapR Edge : Act Locally Learn Globally
MapR Edge : Act Locally Learn GloballyMapR Edge : Act Locally Learn Globally
MapR Edge : Act Locally Learn Globally
 
The rise of the robot and the lie of resilience
The rise of the robot and the lie of resilienceThe rise of the robot and the lie of resilience
The rise of the robot and the lie of resilience
 
GTM Research Welcome Presentation
GTM Research Welcome PresentationGTM Research Welcome Presentation
GTM Research Welcome Presentation
 
Big value for big data in oil and gas industry!
Big value for big data in oil and gas industry!Big value for big data in oil and gas industry!
Big value for big data in oil and gas industry!
 

More from brand44

Phree Deck April Global_MXR Pitch Deck 2024.pdf
Phree Deck April Global_MXR Pitch Deck 2024.pdfPhree Deck April Global_MXR Pitch Deck 2024.pdf
Phree Deck April Global_MXR Pitch Deck 2024.pdf
brand44
 
_KaleidEO Space System_MXR_Pitch_Deck.pptx
_KaleidEO Space System_MXR_Pitch_Deck.pptx_KaleidEO Space System_MXR_Pitch_Deck.pptx
_KaleidEO Space System_MXR_Pitch_Deck.pptx
brand44
 
EdZola pitch Deck - Tech4Good Platforms, AI and Impact - MXR World, Bangalore...
EdZola pitch Deck - Tech4Good Platforms, AI and Impact - MXR World, Bangalore...EdZola pitch Deck - Tech4Good Platforms, AI and Impact - MXR World, Bangalore...
EdZola pitch Deck - Tech4Good Platforms, AI and Impact - MXR World, Bangalore...
brand44
 
IMERA AI X-Ray Imaging - December 2023 [MXR.world]
IMERA AI X-Ray Imaging - December 2023 [MXR.world]IMERA AI X-Ray Imaging - December 2023 [MXR.world]
IMERA AI X-Ray Imaging - December 2023 [MXR.world]
brand44
 
Dreamsoft Innovations - MXR World.pptx.pdf
Dreamsoft Innovations - MXR World.pptx.pdfDreamsoft Innovations - MXR World.pptx.pdf
Dreamsoft Innovations - MXR World.pptx.pdf
brand44
 
IMERA Business Plan Sep 2023 Enterprise AI Event.pptx.pdf
IMERA Business Plan Sep 2023 Enterprise AI Event.pptx.pdfIMERA Business Plan Sep 2023 Enterprise AI Event.pptx.pdf
IMERA Business Plan Sep 2023 Enterprise AI Event.pptx.pdf
brand44
 
Verdant Impact
Verdant Impact Verdant Impact
Verdant Impact
brand44
 
Xplorazzi
XplorazziXplorazzi
Xplorazzi
brand44
 
Saara
SaaraSaara
Saara
brand44
 
Pastella
PastellaPastella
Pastella
brand44
 
Kpoint (FAB)
Kpoint (FAB)Kpoint (FAB)
Kpoint (FAB)
brand44
 
Hash Fashion
Hash FashionHash Fashion
Hash Fashion
brand44
 
Vigyan Labs
Vigyan LabsVigyan Labs
Vigyan Labs
brand44
 
Farming Budha
Farming BudhaFarming Budha
Farming Budha
brand44
 
eAkrishya
eAkrishyaeAkrishya
eAkrishya
brand44
 
DualSafe
DualSafeDualSafe
DualSafe
brand44
 
Skydoc
SkydocSkydoc
Skydoc
brand44
 
Metroride
MetrorideMetroride
Metroride
brand44
 
AquaAirx
AquaAirxAquaAirx
AquaAirx
brand44
 
brx.overview
brx.overviewbrx.overview
brx.overview
brand44
 

More from brand44 (20)

Phree Deck April Global_MXR Pitch Deck 2024.pdf
Phree Deck April Global_MXR Pitch Deck 2024.pdfPhree Deck April Global_MXR Pitch Deck 2024.pdf
Phree Deck April Global_MXR Pitch Deck 2024.pdf
 
_KaleidEO Space System_MXR_Pitch_Deck.pptx
_KaleidEO Space System_MXR_Pitch_Deck.pptx_KaleidEO Space System_MXR_Pitch_Deck.pptx
_KaleidEO Space System_MXR_Pitch_Deck.pptx
 
EdZola pitch Deck - Tech4Good Platforms, AI and Impact - MXR World, Bangalore...
EdZola pitch Deck - Tech4Good Platforms, AI and Impact - MXR World, Bangalore...EdZola pitch Deck - Tech4Good Platforms, AI and Impact - MXR World, Bangalore...
EdZola pitch Deck - Tech4Good Platforms, AI and Impact - MXR World, Bangalore...
 
IMERA AI X-Ray Imaging - December 2023 [MXR.world]
IMERA AI X-Ray Imaging - December 2023 [MXR.world]IMERA AI X-Ray Imaging - December 2023 [MXR.world]
IMERA AI X-Ray Imaging - December 2023 [MXR.world]
 
Dreamsoft Innovations - MXR World.pptx.pdf
Dreamsoft Innovations - MXR World.pptx.pdfDreamsoft Innovations - MXR World.pptx.pdf
Dreamsoft Innovations - MXR World.pptx.pdf
 
IMERA Business Plan Sep 2023 Enterprise AI Event.pptx.pdf
IMERA Business Plan Sep 2023 Enterprise AI Event.pptx.pdfIMERA Business Plan Sep 2023 Enterprise AI Event.pptx.pdf
IMERA Business Plan Sep 2023 Enterprise AI Event.pptx.pdf
 
Verdant Impact
Verdant Impact Verdant Impact
Verdant Impact
 
Xplorazzi
XplorazziXplorazzi
Xplorazzi
 
Saara
SaaraSaara
Saara
 
Pastella
PastellaPastella
Pastella
 
Kpoint (FAB)
Kpoint (FAB)Kpoint (FAB)
Kpoint (FAB)
 
Hash Fashion
Hash FashionHash Fashion
Hash Fashion
 
Vigyan Labs
Vigyan LabsVigyan Labs
Vigyan Labs
 
Farming Budha
Farming BudhaFarming Budha
Farming Budha
 
eAkrishya
eAkrishyaeAkrishya
eAkrishya
 
DualSafe
DualSafeDualSafe
DualSafe
 
Skydoc
SkydocSkydoc
Skydoc
 
Metroride
MetrorideMetroride
Metroride
 
AquaAirx
AquaAirxAquaAirx
AquaAirx
 
brx.overview
brx.overviewbrx.overview
brx.overview
 

Recently uploaded

inQuba Webinar Mastering Customer Journey Management with Dr Graham Hill
inQuba Webinar Mastering Customer Journey Management with Dr Graham HillinQuba Webinar Mastering Customer Journey Management with Dr Graham Hill
inQuba Webinar Mastering Customer Journey Management with Dr Graham Hill
LizaNolte
 
Christine's Supplier Sourcing Presentaion.pptx
Christine's Supplier Sourcing Presentaion.pptxChristine's Supplier Sourcing Presentaion.pptx
Christine's Supplier Sourcing Presentaion.pptx
christinelarrosa
 
QA or the Highway - Component Testing: Bridging the gap between frontend appl...
QA or the Highway - Component Testing: Bridging the gap between frontend appl...QA or the Highway - Component Testing: Bridging the gap between frontend appl...
QA or the Highway - Component Testing: Bridging the gap between frontend appl...
zjhamm304
 
Harnessing the Power of NLP and Knowledge Graphs for Opioid Research
Harnessing the Power of NLP and Knowledge Graphs for Opioid ResearchHarnessing the Power of NLP and Knowledge Graphs for Opioid Research
Harnessing the Power of NLP and Knowledge Graphs for Opioid Research
Neo4j
 
Poznań ACE event - 19.06.2024 Team 24 Wrapup slidedeck
Poznań ACE event - 19.06.2024 Team 24 Wrapup slidedeckPoznań ACE event - 19.06.2024 Team 24 Wrapup slidedeck
Poznań ACE event - 19.06.2024 Team 24 Wrapup slidedeck
FilipTomaszewski5
 
Apps Break Data
Apps Break DataApps Break Data
Apps Break Data
Ivo Velitchkov
 
[OReilly Superstream] Occupy the Space: A grassroots guide to engineering (an...
[OReilly Superstream] Occupy the Space: A grassroots guide to engineering (an...[OReilly Superstream] Occupy the Space: A grassroots guide to engineering (an...
[OReilly Superstream] Occupy the Space: A grassroots guide to engineering (an...
Jason Yip
 
Day 2 - Intro to UiPath Studio Fundamentals
Day 2 - Intro to UiPath Studio FundamentalsDay 2 - Intro to UiPath Studio Fundamentals
Day 2 - Intro to UiPath Studio Fundamentals
UiPathCommunity
 
GraphRAG for LifeSciences Hands-On with the Clinical Knowledge Graph
GraphRAG for LifeSciences Hands-On with the Clinical Knowledge GraphGraphRAG for LifeSciences Hands-On with the Clinical Knowledge Graph
GraphRAG for LifeSciences Hands-On with the Clinical Knowledge Graph
Neo4j
 
A Deep Dive into ScyllaDB's Architecture
A Deep Dive into ScyllaDB's ArchitectureA Deep Dive into ScyllaDB's Architecture
A Deep Dive into ScyllaDB's Architecture
ScyllaDB
 
GNSS spoofing via SDR (Criptored Talks 2024)
GNSS spoofing via SDR (Criptored Talks 2024)GNSS spoofing via SDR (Criptored Talks 2024)
GNSS spoofing via SDR (Criptored Talks 2024)
Javier Junquera
 
Containers & AI - Beauty and the Beast!?!
Containers & AI - Beauty and the Beast!?!Containers & AI - Beauty and the Beast!?!
Containers & AI - Beauty and the Beast!?!
Tobias Schneck
 
GlobalLogic Java Community Webinar #18 “How to Improve Web Application Perfor...
GlobalLogic Java Community Webinar #18 “How to Improve Web Application Perfor...GlobalLogic Java Community Webinar #18 “How to Improve Web Application Perfor...
GlobalLogic Java Community Webinar #18 “How to Improve Web Application Perfor...
GlobalLogic Ukraine
 
LF Energy Webinar: Carbon Data Specifications: Mechanisms to Improve Data Acc...
LF Energy Webinar: Carbon Data Specifications: Mechanisms to Improve Data Acc...LF Energy Webinar: Carbon Data Specifications: Mechanisms to Improve Data Acc...
LF Energy Webinar: Carbon Data Specifications: Mechanisms to Improve Data Acc...
DanBrown980551
 
AWS Certified Solutions Architect Associate (SAA-C03)
AWS Certified Solutions Architect Associate (SAA-C03)AWS Certified Solutions Architect Associate (SAA-C03)
AWS Certified Solutions Architect Associate (SAA-C03)
HarpalGohil4
 
"Choosing proper type of scaling", Olena Syrota
"Choosing proper type of scaling", Olena Syrota"Choosing proper type of scaling", Olena Syrota
"Choosing proper type of scaling", Olena Syrota
Fwdays
 
PRODUCT LISTING OPTIMIZATION PRESENTATION.pptx
PRODUCT LISTING OPTIMIZATION PRESENTATION.pptxPRODUCT LISTING OPTIMIZATION PRESENTATION.pptx
PRODUCT LISTING OPTIMIZATION PRESENTATION.pptx
christinelarrosa
 
Must Know Postgres Extension for DBA and Developer during Migration
Must Know Postgres Extension for DBA and Developer during MigrationMust Know Postgres Extension for DBA and Developer during Migration
Must Know Postgres Extension for DBA and Developer during Migration
Mydbops
 
Northern Engraving | Modern Metal Trim, Nameplates and Appliance Panels
Northern Engraving | Modern Metal Trim, Nameplates and Appliance PanelsNorthern Engraving | Modern Metal Trim, Nameplates and Appliance Panels
Northern Engraving | Modern Metal Trim, Nameplates and Appliance Panels
Northern Engraving
 
Astute Business Solutions | Oracle Cloud Partner |
Astute Business Solutions | Oracle Cloud Partner |Astute Business Solutions | Oracle Cloud Partner |
Astute Business Solutions | Oracle Cloud Partner |
AstuteBusiness
 

Recently uploaded (20)

inQuba Webinar Mastering Customer Journey Management with Dr Graham Hill
inQuba Webinar Mastering Customer Journey Management with Dr Graham HillinQuba Webinar Mastering Customer Journey Management with Dr Graham Hill
inQuba Webinar Mastering Customer Journey Management with Dr Graham Hill
 
Christine's Supplier Sourcing Presentaion.pptx
Christine's Supplier Sourcing Presentaion.pptxChristine's Supplier Sourcing Presentaion.pptx
Christine's Supplier Sourcing Presentaion.pptx
 
QA or the Highway - Component Testing: Bridging the gap between frontend appl...
QA or the Highway - Component Testing: Bridging the gap between frontend appl...QA or the Highway - Component Testing: Bridging the gap between frontend appl...
QA or the Highway - Component Testing: Bridging the gap between frontend appl...
 
Harnessing the Power of NLP and Knowledge Graphs for Opioid Research
Harnessing the Power of NLP and Knowledge Graphs for Opioid ResearchHarnessing the Power of NLP and Knowledge Graphs for Opioid Research
Harnessing the Power of NLP and Knowledge Graphs for Opioid Research
 
Poznań ACE event - 19.06.2024 Team 24 Wrapup slidedeck
Poznań ACE event - 19.06.2024 Team 24 Wrapup slidedeckPoznań ACE event - 19.06.2024 Team 24 Wrapup slidedeck
Poznań ACE event - 19.06.2024 Team 24 Wrapup slidedeck
 
Apps Break Data
Apps Break DataApps Break Data
Apps Break Data
 
[OReilly Superstream] Occupy the Space: A grassroots guide to engineering (an...
[OReilly Superstream] Occupy the Space: A grassroots guide to engineering (an...[OReilly Superstream] Occupy the Space: A grassroots guide to engineering (an...
[OReilly Superstream] Occupy the Space: A grassroots guide to engineering (an...
 
Day 2 - Intro to UiPath Studio Fundamentals
Day 2 - Intro to UiPath Studio FundamentalsDay 2 - Intro to UiPath Studio Fundamentals
Day 2 - Intro to UiPath Studio Fundamentals
 
GraphRAG for LifeSciences Hands-On with the Clinical Knowledge Graph
GraphRAG for LifeSciences Hands-On with the Clinical Knowledge GraphGraphRAG for LifeSciences Hands-On with the Clinical Knowledge Graph
GraphRAG for LifeSciences Hands-On with the Clinical Knowledge Graph
 
A Deep Dive into ScyllaDB's Architecture
A Deep Dive into ScyllaDB's ArchitectureA Deep Dive into ScyllaDB's Architecture
A Deep Dive into ScyllaDB's Architecture
 
GNSS spoofing via SDR (Criptored Talks 2024)
GNSS spoofing via SDR (Criptored Talks 2024)GNSS spoofing via SDR (Criptored Talks 2024)
GNSS spoofing via SDR (Criptored Talks 2024)
 
Containers & AI - Beauty and the Beast!?!
Containers & AI - Beauty and the Beast!?!Containers & AI - Beauty and the Beast!?!
Containers & AI - Beauty and the Beast!?!
 
GlobalLogic Java Community Webinar #18 “How to Improve Web Application Perfor...
GlobalLogic Java Community Webinar #18 “How to Improve Web Application Perfor...GlobalLogic Java Community Webinar #18 “How to Improve Web Application Perfor...
GlobalLogic Java Community Webinar #18 “How to Improve Web Application Perfor...
 
LF Energy Webinar: Carbon Data Specifications: Mechanisms to Improve Data Acc...
LF Energy Webinar: Carbon Data Specifications: Mechanisms to Improve Data Acc...LF Energy Webinar: Carbon Data Specifications: Mechanisms to Improve Data Acc...
LF Energy Webinar: Carbon Data Specifications: Mechanisms to Improve Data Acc...
 
AWS Certified Solutions Architect Associate (SAA-C03)
AWS Certified Solutions Architect Associate (SAA-C03)AWS Certified Solutions Architect Associate (SAA-C03)
AWS Certified Solutions Architect Associate (SAA-C03)
 
"Choosing proper type of scaling", Olena Syrota
"Choosing proper type of scaling", Olena Syrota"Choosing proper type of scaling", Olena Syrota
"Choosing proper type of scaling", Olena Syrota
 
PRODUCT LISTING OPTIMIZATION PRESENTATION.pptx
PRODUCT LISTING OPTIMIZATION PRESENTATION.pptxPRODUCT LISTING OPTIMIZATION PRESENTATION.pptx
PRODUCT LISTING OPTIMIZATION PRESENTATION.pptx
 
Must Know Postgres Extension for DBA and Developer during Migration
Must Know Postgres Extension for DBA and Developer during MigrationMust Know Postgres Extension for DBA and Developer during Migration
Must Know Postgres Extension for DBA and Developer during Migration
 
Northern Engraving | Modern Metal Trim, Nameplates and Appliance Panels
Northern Engraving | Modern Metal Trim, Nameplates and Appliance PanelsNorthern Engraving | Modern Metal Trim, Nameplates and Appliance Panels
Northern Engraving | Modern Metal Trim, Nameplates and Appliance Panels
 
Astute Business Solutions | Oracle Cloud Partner |
Astute Business Solutions | Oracle Cloud Partner |Astute Business Solutions | Oracle Cloud Partner |
Astute Business Solutions | Oracle Cloud Partner |
 

Galaxeye

  • 2. Co-Founder & CTO VP, Product Dev VP, Computing VP, Business Dev Suyash Singh Denil Chawda Kishan Thakkar Rakshit Bhatt Pranit Mehta Co-Founder & CEO Team Avishkar Hyperloop, IIT Madras Team who built Hyperloop is now building GalaxEye Space Masters in Aerospace Engg. IIT Madras. Worked at Reliance Chairman’s office Masters in Aerospace Engg IIT Madras. 5+ Years at TCS Research in Satellite Imagery Analytics Dual Degree in Engineering Design IIT Madras. Carry rich experience in Deep learning and computing Bachelors in Metallurgy IIT Madras. Lead Team Avishkar and realized the first ever Linear Induction motor in India. Dual Degree in Engineering Design IIT Madras. Lead Team Avishkar and Created a consortium of big companies to realize Hyperloop GalaxEye Space
  • 3.
  • 4. 4 “The number of fires on board large vessels has increased significantly in recent years, which leads to multiple false claims and unclear processes,” said Régis Broudin, global head of marine claims at AGCS. Low Tech Insurance Companies facing Heat ● About ~ $100 Mn gap per yr* between Insured Loss and Overall Losses due to inaccurate risk modelling ● Lloyds’ of London settled a $54 Mn claim for MT Salem, later proven a fraud ○ 20% annually were false claims ● In USA (2020), 38% Structural Fires were intentional in US to claim insurance under wildfires Averaged over last 5 years
  • 5. 5 Problem : Inefficient Claims Verification Manual Inspection IoT Installation Drone Flights ★ Spatial Visual Information ➢ Not allowed until 72 hours from incident ★ Real- time information ➢ 67% Ship Owners say IoT is not cost-saving ★ Conventional Approach ➢ $8000 per ground inspection
  • 6. Focus Insurance Market - $461 B Maritime and Natural Catastrophe ● Insurance - $ 151 B ● Re-Insurance - $ 310 B Addressable Market Spends on Tech $ 40 B Target Market Satellite Imagery $ 10 B Revenue Potential 5% Market Share $ 1.5 B
  • 7. Use Cases 7 ● Risk Assessment ● Claims Verification ● Premium Calculations Customer : Reinsurance Firms
  • 8. Other Markets 8 Reinsurance Agriculture Mining & Energy Supply Chain Utilities Real Estate Forestry Disaster Management Defense & Security Maritime
  • 9. 9 Satellite Imagery is the Solution
  • 11. 12 Existing Capabilities of Satellites Revenue 113 M USD Revenue Pre-Rev Multispectral / Hyperspectral Synthetic Aperture Radar (SAR) Revenue 83 M USD Revenue 58 M USD
  • 12. 15 GalaxEye’s Satellite Data Intuitive All-time all-weather information providing accurate near-real-time insights
  • 13. 16 How ? with our Drishti Satellites World’s First Multisensor Imaging Satellite
  • 14. 17 17 Forest Fire Monitoring Multispectral ● Smoke is detected and seen ● Ground Situation is not understood SAR ● Ground Situation is seen and well understood ● Time of Fire unknown since smoke is not seen Data Fusion ★ Presence of smoke and time of fire is visible ★ Ground Situation is seen and well understood
  • 15. Customer Traction So far : Received 50 Million+ USD Annually worth LOIs Co Creation MoUs in Place with Customers
  • 16. Insurance 22 GTM : Offering Fusion-based Data & Insights Wildfire Insurance Aquaculture/Agriculture Yield Aquaculture/Agriculture Insurance & Defence Health Insights using Open- source (OS) Datasets GalaxEye’s High Resolution Data Fusion and Insights Risk insights using Drone & OS Imagery
  • 17. In House Testing 2021 R&D Roadmap Drone & Aircraft (4 km) 2022 Serve Specific Regions on Request Satellite (500km) 2024 Map the World every 7 days Constellation 2027 Map the world every 3 Hours Seed 3.5 M USD Raised Pre-Seed 350 K usd Raised
  • 18. Advisors 19 Prof. S. R. Chakravarthy Professor - IIT Madras Dr. S. Christopher Govindhasam y Karthik Ajay Gummalla Ex- Chairman, DRDO Co-Founder & CTO, Antaris Inc. Ex-CTO - Planet Labs Director , Systems Waymo Dr Rao Ramayanam Sales Consultant
  • 19. Eyes & Brain in Space Thank You