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Copernic Space and Sfera partner to democratize access to space data with Cudo Compute

Copernic Space and Sfera partner to democratize access to space data with Cudo Compute

CS
Copernic Space TeamWeb3 Space Innovators
6 min read

Sfera Technologies and Copernic Space seek to change space data access by designing new market mechanics and tools, and deploying new data delivery solutions.

Strategic Partnership Overview

The partnership will give the wider commercial market access to excess satellite imaging power, downlinking power, and low-cost secondary sales to lower the cost of Earth Observation (EO) data. An open marketplace applying Web3 technology and distributed computing would allow new commercial accessibility and drive the shared goal of democratizing space data to improve life on earth.

Democratizing Space Data Access

Information from space has shown the impact it can have on life on earth. In fact, data generated from space influences nearly every market on our planet. Earth Observation data can play a crucial role in the global economy, environmental conservation, financial services and urban planning.

Available delivery channels are still limited by a number of factors, like data formats not suitable for consumption by smaller businesses with no GIS/data analysis capabilities or high prices of the data products. Sfera Technologies and Copernic Space seek to change this by designing new market mechanics and tools, and deploying new data delivery solutions.

The Marketplace Solution

A developer of next-generation EO data delivery infrastructure, Sfera Technologies will work with Copernic Space to identify and deploy groundbreaking EO data solutions on their marketplace. Copernic Space's Web3-based platform for space assets enables space companies to tokenize and offer their assets such as payload or satellite data to the commercial market, standing as the economic infrastructure for space in the digital world.

Our collaboration with Copernic Space is yet another step in bridging the space industry with the Web3 space and unlocking the power of blockchain-based solutions. It's also a great example of a shared vision in how space can be democratized - and by working together with the Copernic Space team, this amazing vision comes closer to reality.
— Zdravko Dimitrov, Founder of Sfera Technologies
Sfera's great vision on tokenizing satellite data and Cudos' computation approach for this environment will create a new class of space assets for the commercial market on Copernic Space. Along with the features of our platform introducing true utilities attached to space assets along with a secondary market, assets created by Sfera will become discoverable and available to the commercial market like never before.
— Grant Blaisdell, Co-Founder & CEO of Copernic Space

Future Possibilities

The companies will work towards creating a data delivery system that integrates Sfera's data infrastructure with Copernic's tokenized marketplace technology. This will enable users to acquire data faster and cheaper from multiple sources, secure a more versatile access approach, and customize data access and procurement requests.

In many cases, customers may not even realize the technology they were using is a blockchain. Cudo Compute, the decentralized cloud network partnering with Sfera and Copernic will provide distributed computing and enable additional agility.

The results of this collaboration will set the standard for how these types of space assets are accessed, acquired, utilized, and even traded in the future. The new marketplace will:

  • Allow secondary use or sale of contracted imagery through smart contracts
  • Enable customers to experiment and refine their requirements in a cost-efficient way
  • Monetize computing power when missions have excess ability
  • Allow companies with existing space assets to gain revenue in their downtime
  • Provide one-off use cases for those with a singular need

About the Partners

About Copernic Space

Copernic Space is building the economic infrastructure for space. The Web3 platform for space assets and investments, Copernic Space enables space ventures to tokenize and offer their assets to the commercial market while empowering companies and individuals to have ownership in the space economy of tomorrow, today. As we lead into the first Moon asset sales on our platform, we launched Spaceibles, the digital market for space creators and collectors.

About Sfera Technologies

Sfera Technologies is a visionary NewSpace company. Operating with the belief that the space era is still in its infancy, Sfera Technologies is focusing on the design and implementation of standardized, efficient, organically growing infrastructures that will enable access to space for everyone. HomePort is the first step in the company's long journey of building infrastructures for a new era.

About Cudo Compute

Cudo Compute is an ecosystem providing access to decentralised and sustainable cloud computing resources by leveraging underutilised computing power on idle hardware globally. Like Airbnb's marketplace, which allows owners to rent out their unused homes, we facilitate businesses and individuals to lend their hardware's unused compute to users/organisations that might need it. Our platform allows organisations and developers to deploy, run and scale based on their cloud demands.