Utilis Corp, now operating primarily under the brand ASTERRA, is a technology company specializing in satellite-based infrastructure intelligence. They utilize synthetic aperture radar (SAR) data to detect underground water leaks and assess soil moisture for various applications, including water utilities, government agencies, and infrastructure industries. Their key products, MasterPlan, Recover, and EarthWorks, provide decision-making tools to support sustainable development by helping to manage water resources, prevent infrastructure failures, and reduce non-revenue water loss. They work with organizations like VENG and partner with entities like GIS Cloud and VINCI.
All verified mentions of this organization in source documents.
In 2017, ASTERRA won the Imagine H2O Water Data Challenge under its former name, Utilis.
Beringea invested $6,000,000 in Utilis one week before the launch of MasterPlan.
Utilis planned to release multiple products into infrastructure verticals in 2021 as part of its product strategy.
Utilis raised $6,000,000 from Beringea.
The $6,000,000 funding will be used to accelerate Utilis’ data-driven analytics, expand into the ground engineering market, add staff across its USA, Israel, and UK offices, and expand sales and marketing in the UK, Europe, and North America.