Thetaspace, founded in 2020 and based in Gilching, Germany, provides AI-based image processing software for satellite imagery. The company fuses SAR and optical satellite data to produce cloud-free optical imagery worldwide, offering satellite-based oil pipeline and power grid monitoring services. Thetaspace is a downstream Earth Observation company and an alumni of the ESA Business Incubation Centre (ESA BIC) Bavaria program with ESA BIC Bavaria & Northern Germany acting as investors.
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Thetaspace was granted the Geospatial World Innovation Award 2022 in SAR-Optical Data Fusion for its CloudlessEO solution.
Thetaspace won the UP42 Airbus Challenge in the 2021 Copernicus Masters Competition.
As the winner of the UP42 Airbus Challenge, Thetaspace will receive a EUR 20,000 voucher to access geospatial data and algorithms on the UP42 developer platform and marketplace.
As the winner of the UP42 Airbus Challenge, Thetaspace will receive a EUR 80,000 voucher for commercial satellite data from the Airbus OneAtlas Living Library.
Thetaspace won EUR 100,000 in awards for development of its CloudlessEO algorithm.