Enterprise Ireland-backed forestry, data analytics and measurement solutions provider Treemetrics has secured an €800,000 contract with the European Space Agency (ESA). The funding will support the global roll-out of the company’s Web-based satellite mapping application for the forestry industry.
The company also plans to recruit a further 10 software engineers over the next 12 months to expand its workforce at its Cork facility to 30.
The TreeMetrics solution replaces traditional calipers and measuring tape, using 3D laser scanners to quickly and accurately measure the shape, size, and straightness of standing trees. This data is used to predict the quantities of log products that each tree can produce and their potential value, providing a better means of managing forests and determining which areas best match sawmill requirements.
Enda Keane, Treemetrics, CEO, said: "[This] contract award with the European Space Agency (ESA) complements a recent series of commercial contracts wins for the company… Our mission over the next five years is to transform the traditional global forestry industry into a more sustainable, cost effective, higher value business, utilising our new Web-based application, in forests across the world."
Prof Amnon Ginati, head of the Integrated and Telecommunications Related Applications Department, at the European Space Agency, said: "In the Satellite Forestry Monitoring 3D (SATForM 3D) project Treemetrics has managed to get the active support from the main forest owners and managers in Ireland, representative of 80% of the forest land in the country. This clear user-driven approach and the proposition of a novel forest monitoring platform integrating the latest satellite positioning and remote sensing data with Treemetrics ground-based forest information, is a great example for and a perfect match with the European Space Agency Integrated Application Promotion programme."
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