Metaspectral wins funding from Canadian Space Agency
by CM Staff
Metaspectral is currently hiring deep learning engineers and scientists, remote sensing scientists, and full-stack engineers for this project.
VANCOUVER — Canadian software company, Metaspectral has received funding from the Canadian Space Agency as part of the smartEarth initiative.
smartEarth aims to build a method to systematically and methodically quantify the carbon dioxide (CO2) levels present at ground-elevation using hyperspectral data.
Metaspectral has created a hybrid on-premise and cloud-based software platform that is used in a variety of industries to identify materials and their characteristics that are otherwise invisible.
“Reaching our climate goals will require access to the best available data on emissions levels. Our technology makes it possible to track and measure carbon emissions and carbon sequestration levels at Earth’s surface,” said Metaspectral co-founder and CTO, Migel Tissera in a statement.
“We achieve this by analyzing hyperspectral satellite imagery, which contains data from across the electromagnetic spectrum, making it possible to identify and quantify the gasses present.”
Satellites capture data which then undergoes preliminary analysis using the new platform, which has reportedly demonstrated accurate measurement of global carbon emissions within a 3 per cent margin of error.
“Climate change is the most serious threat facing humanity,” added Tissera.
“Many governments, including the Canadian government, have introduced pricing mechanisms for carbon emissions. This technology will make it possible to provide both the public and private sectors with the insights needed to adjust their environmental and climate change policies and plans, as well as reap the potential economic benefits of carbon credits.”
Metaspectral says real-time data on GHG levels on the Earth’s surface has a multitude of potential applications including environmental monitoring through soils, forests and sea ice levels for example. This type of data can also help measure emissions from oil and gas pipelines, leaks from deepwater drilling and help monitor other hazards.
The software company will undertake this project with financial support from the Canadian Space Agency.
Metaspectral is currently hiring deep learning engineers and scientists, remote sensing scientists, and full-stack engineers. A full list of available positions is available at Metaspectral.com.