EarthDaily Analytics Secures $1.7M Contract with Malaysia's MySpatial for Advanced Geospatial Solutions

EarthDaily Analytics Secures $1.7M Contract with Malaysia's MySpatial for Advanced Geospatial Solutions
by Clarence Oxford
Los Angeles CA (SPX) Aug 28, 2024

EarthDaily Analytics ("EDA") has entered into a $1.7 million contract with MySpatial, a prominent geospatial mapping company in Malaysia that serves both government and private sectors. The agreement, which started in July 2024 and spans an initial term of four years, will grant MySpatial and its clients access to EDA's data and analytics capabilities. These resources will support various applications, including Civil Government, Agriculture, Environmental Monitoring, Natural Resources, Urban Development, Coastal Monitoring, Defense, Maritime Intelligence, and Enterprise sectors.

Under the terms of the contract, MySpatial and its customers will immediately benefit from EDA's current high-quality Earth Observation data and AI-driven analytics. Additionally, MySpatial has secured future access to the EarthDaily Constellation ("EDC") once it becomes operational. The EDC, designed to work seamlessly with EDA's SaaS ground segment, will provide Analytics Ready Data across 22 spectral bands, covering the world's land and key maritime areas consistently from the same angle and time each day.

Don Osborne, CEO of EarthDaily Analytics, stated: "Starting this summer and expanding over time as our EarthDaily Constellation goes into orbit in 2025, we are proud to provide MySpatial with cutting-edge Earth Observation data, AI-powered analytics, and invaluable insights, meaningfully expanding EDA's presence and reach in a key Asian market. The versatility and reliability of our service offering is borne out by the wide breadth of high-value sectors in which MySpatial and its customers plan to utilize our products to drive better-informed decision-making and improved outcomes. Building on this strong foundation, the 2025 launch of the EarthDaily Constellation will unlock a whole new level of value-added insights, pairing unrivaled EO data collection with the endless scalability and power of our purpose-built AI systems to drive truly differentiated outcomes."

Basrihuddin Hasan, CEO of MySpatial, commented: "As we work to ensure that our customers across the government and private sectors have access to the best data and insights available anywhere, we are proud to secure this access to the unique and innovative EarthDaily Analytics offering. While we eagerly anticipate the launch of the EarthDaily Constellation in 2025, EDA's offering today is bringing value-added, high-quality data and AI-enabled analytics to our customers across verticals, while simultaneously cementing MySpatial's position at the cutting edge of Earth Observation and geospatial mapping in the fast-growing Malaysian market."