Sinergise Acquired by Planet, Deal Includes Sentinel Hub
Planet has acquired the business of Sinergise, including Sentinel Hub, a move the company says opens a new chapter in Earth observation.
Planet has built a data business with differentiated data at its core, and says it is continuously expanding its capabilities by adding new data missions and products. For example, Planetary Variables represent a move up the stack, from imagery to valuable information to make decisions. Planetary Variables result from complex multi-sensor algorithms combining a number of public missions (including European Union’s Sentinel) with Planet’s unique datasets. When combined with Sentinel Hub, Planetary Variables enable advanced time series analytics and change detection. The combination of Planetary Variables and Sentinel Hub will form the foundation of our Earth Data Platform, which we expect will power a community of partners to build a wave of impactful EO data applications. The objective is to create a positive impact through our business and the expanding EO data community.
Sentinel Hub will Continue Normal Operations with Sinergise Acquisition
With the acquisition of Sinergise by Planet, Sentinel Hub will continue to operate as it does today, including the ability for users to sign up for free accounts. In the future, customers can expect expanded data sets and capabilities beyond what is currently available. Planet has an active community of users, including those in its Education and Research and NICFI programs, and they say they look forward to welcoming the Sentinel Hub community.
With Sentinel Hub now a part of Planet, two core pieces of its product strategy – Planetary Variables and the Earth Data Platform – are centered in Europe. The company has also established meaningful business relationships with European companies and startups, such as BASF, EOMap, and LiveEO, and supported ambitious government programs and agencies, including NICFI, the Welsh Government, and Germany’s BKG. Welcoming the Sinergise team to Planet's organization represents another significant step being taken towards supporting scientific and engineering excellence in Europe, according to the company.
(Source: Planet news release. Image from file)