Tracking methane emissions with satellites
Company is active
Event Year: 2023
Company is active
Event Year: 2023
Orbio Earth leverages satellite imagery to provide precise tracking of methane emissions originating from the oil and gas sector. This critical data is offered to financial institutions seeking to make informed investments in top-performing energy companies. Traditionally, oil and gas companies have relied on Excel-based emission factors for calculating and reporting emissions. However, these methods often underestimate actual emissions by approximately 70%. This inaccuracy prevents finance companies from effectively mitigating risks associated with evolving regulations within the oil and gas industry. Orbio Earth's technology represents a significant advancement, enabling the use of satellite imagery to monitor methane emissions from every oil and gas facility globally. By replacing outdated emission factors, Orbio Earth empowers finance companies to strategically invest in oil and gas companies poised to thrive amidst increasing regulatory scrutiny. In a peer-reviewed study conducted by Stanford University in the summer of 2023, Orbio Earth's satellite-based technology was ranked #1 in both accuracy and sensitivity for detecting methane emission events, surpassing competitors with multi-billion dollar valuations, including Maxar.
Orbio Earth leverages satellite imagery to provide precise tracking of methane emissions originating from the oil and gas sector. This critical data is offered to financial institutions seeking to make informed investments in top-performing energy companies. Traditionally, oil and gas companies have relied on Excel-based emission factors for calculating and reporting emissions. However, these methods often underestimate actual emissions by approximately 70%. This inaccuracy prevents finance companies from effectively mitigating risks associated with evolving regulations within the oil and gas industry. Orbio Earth's technology represents a significant advancement, enabling the use of satellite imagery to monitor methane emissions from every oil and gas facility globally. By replacing outdated emission factors, Orbio Earth empowers finance companies to strategically invest in oil and gas companies poised to thrive amidst increasing regulatory scrutiny. In a peer-reviewed study conducted by Stanford University in the summer of 2023, Orbio Earth's satellite-based technology was ranked #1 in both accuracy and sensitivity for detecting methane emission events, surpassing competitors with multi-billion dollar valuations, including Maxar.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2023
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2023
B2B
B2B
B2B -> Analytics
B2B -> Analytics
Team size: 6
Hiring: No
Team size: 6
Hiring: No