The German start-up company TerraLoupe, hosted at ESA’s business incubator in Bavaria, took home first prize at the Munich Business Plan Competition on 28 July.
The company specialises in processing and analysing large amounts of Earth observation data. Virtual 3D worlds are created from aerial photographs for commercial use, and objects are identified, classified and measured automatically by means of ‘intelligent’ software.
Out of 280 competition entrants, TerraLoupe emerged from the third and final round with the first prize.
The company is hosted at the Oberpfaffenhofen site of the ESA Business Incubation Centre Bavaria. ESA now has 11 incubators in eight countries supporting about 100 new start-ups each year. To date, 300 have been helped to create new companies and jobs throughout Europe from space technology spin-offs and drawing on satellite services in non-space industrial sectors.
More on TerraLoupe here.
More on ESA BICs here.