Erisha Space Pvt Ltd, a Delhi-based solutions and service provider in the field of remote sensing, GIS, and photogrammetry, said it would launch a satellite equipped with advanced image processing capabilities and machine learning/artificial intelligence frameworks in 2024.
The company said the satellite will further enhance its capabilities and enable the provision of comprehensive solutions for remote sensing, GIS, and photogrammetry across various sectors. Combining data from multi-mission satellite sensors, mobile applications, ground instruments, SCADA, and socioeconomic data, Erisha Space develops mathematical models that enable users to track, monitor, and analyze large-scale changes in land use, water resources, biodiversity, and climate change.
"The year 2024 is crucial for us and Erisha Space plans to launch a satellite for image processing and machine learning/artificial intelligence frameworks, which will help us provide comprehensive solutions and services for remote sensing, GIS, and photogrammetry in various domains," said Darshan Rana, Chairman and Managing Director of Rana Group.
"We aim to bring about effective planning and monitoring of national missions through space-based geospatial support,” he said.
The satellite will leverage advanced image processing capabilities and a suite of machine learning and artificial intelligence frameworks to analyze and process vast amounts of data quickly and accurately, the company said in a statement. This technology will provide valuable insights into earth's resources, facilitating more effective natural resources mapping, agro-economics, large-scale cartographic and topographic mapping, infrastructure planning and monitoring, deforestation and afforestation studies, city planning and governance, and environmental impact assessment, it added.
"Under strategic leadership, Erisha Space is actively involved in designing and developing space technologies for societal applications. We are determined to make a difference and set new benchmarks in the space industry,” said Debadatta Mishra, Director of Erisha Space.
Mishra further announced plans for the development of a Small Satellite Launch Vehicle (SSLV), slated for launch by 2025-2026. The SSLV will be capable of delivering up to 1000 kilograms of payload to low Earth orbit, with the long-term goal of transforming into a reusable launch vehicle to reduce launch costs.
“Erisha Space Pvt Ltd is committed to delivering cutting-edge technology and cost-effective services to its customers. By encompassing the complete space ecosystem from satellite building to launch and application development, Erisha Space aims to reshape the industry and drive innovation. The team is devoted to the success of the SSLV launch vehicle and confident that it will revolutionize the space industry, opening up new frontiers and possibilities,” the company said in the statement.
