What Space Aye does

Space Aye is a Glasgow-based space technology company that has developed and internationally patented a method for merging Internet of Things (IoT) data with real-time satellite imagery, enabling the identification (not merely classification) of specific assets and people from space. Its flagship platform, the Large Terrestrial Exchange (LTx), aggregates multiple satellite constellation partners into a unified rapid tasking and delivery interface, and serves as the integration layer through which IoT sensor, GPS, biometric, and device data are fused with Earth Observation imagery. The company serves enterprise and government clients across six primary verticals: Oil & Gas, Insurance, National Security, Natural Disasters, Shipping & Logistics, and Agriculture, with use cases spanning asset tracking, disaster response (notably wildfire management), supply-chain monitoring for EU CSDDD compliance, and digital twin creation.

The business operates through three revenue streams: subscription or transaction fees for LTx platform access, licensing of its patented IoT-satellite fusion intellectual property, and bespoke enterprise solutions including custom API integration and hosted environments. Space Aye also operates Space2Site, a consumer-facing workplace check-in mobile application managed through wholly-owned subsidiary Spelfie Limited. The go-to-market is sales-led and event-driven, with direct enterprise outreach supplemented by participation in space-sector roundtables and exhibitions. Pricing is quote-based and not publicly disclosed. The company is privately held, incorporated in Scotland (company number SC422229), and shows no disclosed institutional funding, public shareholders, or material acquisitions in the source data.

The company positions itself as the only entity with patented capability to move beyond AI classification toward actual identification of people and assets in real-time satellite imagery, leveraging the convergence of an expanding Earth Observation satellite fleet (currently ~1,200–1,500 EO satellites, projected to reach ~10,000–12,000 by 2030–31) with the billions of IoT devices globally. Notable external validation includes a quote from Ed Parsons (formerly Google's Geospatial Technologist) describing the technology as "the most exciting thing I have seen for the last 10 years," coverage in Wired, TIME Africa, USA Today, and Seatrade Maritime News, and partnerships with ADS, the UK Space Agency, and the World Economic Forum.

Name

Space Aye

Legal name

Space Aye Limited

Website

https://spaceaye.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

Space Aye is a Glasgow-based space technology firm that has patented the fusion of IoT data with real-time satellite imagery to identify people and assets from space. It serves enterprise and government clients in defense, insurance, energy, shipping, agriculture, and disaster response.

Ownership category

akta.pro rank

Product category

Earth Observation & Geospatial Technology

NAICS

Satellite Telecommunications (51741), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

akta.pro primary industry

Enterprise Satellite Connectivity & Managed Services (VSAT, SD-WAN over Satcom) (HDAIAJAB)

akta.pro secondary industry

Satellite IoT & Machine-to-Machine (M2M) Connectivity (LPWAN over Satellite) (HDAIAJAF)

Keywords

• Satellite imagery tasking
• Earth observation data
• IoT data fusion
• Asset identification technology
• Space technology platform

Headquarters

HQ city

Glasgow

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Large Terrestrial Exchange (LTx) Platform: Space Aye operates a satellite tasking marketplace that simplifies access to multi-provider imagery and tasking services, potentially charging transaction or subscription fees for platform access.
2. IoT Data Fusion Licensing: Licensing of their proprietary intellectual property that enables the merger of IoT data with satellite imagery. This patent-protected capability is licensable to other businesses and platforms.
3. Enterprise Solutions and API Integration: Bespoke solutions including API code for full integration with customer internal data platforms, custom user interfaces, and secure environment hosting. Revenue from customized implementations for enterprise clients like SRUC.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Space Aye is a space research and technology firm that operates the Large Terrestrial Exchange (LTx) platform for rapid satellite tasking and delivery from multiple constellation partners. Its patented capability fuses real-time satellite imagery with Internet of Things (IoT) data to identify assets and people from space in real-time.

Product overview

Space Aye is a space technology company offering the only patented solution to merge real-time satellite imagery with Internet of Things (IoT) data. The product portfolio centers on the Large Terrestrial Exchange (LTx) platform as the core infrastructure for satellite tasking and IoT data fusion. Space2Site, operated by subsidiary Spelfie Limited, is a workplace check-in mobile application leveraging Space Aye's satellite imagery capabilities. The company holds international patents protecting their unique method of combining satellite imagery with IoT data for asset and person identification in real-time, serving sectors including Oil & Gas, Insurance, National Security, Natural Disasters, Shipping & Logistics, and Agriculture.

Differentiator

Problem solved

Functional benefit

Brands

• Large Terrestrial Exchange (LTx): Platform for satellite tasking and delivery, providing simplified consumer access to multi-provider imagery and Earth Observation data.

Products and services

• Large Terrestrial Exchange (LTx) Space Aye's flagship platform providing fully digital rapid satellite tasking and delivery from multiple constellation partners. It simplifies access to multi-provider Earth Observation imagery and tasking, and enables the company's patented capability to merge IoT data with real-time satellite imagery for asset and person identification. Aimed at enterprise and government customers.
• Space2Site A mobile application operated by Spelfie (wholly owned subsidiary of Space Aye) enabling workplace check-in from space using real-time satellite imagery. It provides visual evidence of employee or contractor locations within remote sites and evidence of project progress, with accurate location data, secure site codes for check-ins, safety checks for remote workers, and visual proof for payment verification. Available on iOS and Android.
• IoT Data Fusion with Satellite Imagery Space Aye's patented, licensable capability that combines Earth Observation satellite imagery with IoT data from billions of connected devices globally, enabling real-time identification (not just classification) of assets and people within satellite imagery. Supports location data, biometrics, sensors, imagery, video and audio integration.

Quantifiable outcome

• 30-40%+ annual growth in Earth Observation market
• +3 more outcomes

Named customers2 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature5 records

Partnerships

Five partnerships are on record, tiered core and minor.

• SRUC (Scotland Rural University College)coreStrategic or Co-development PartnerSpace Aye partnered with SRUC to provide a bespoke version of their Large Terrestrial Exchange (LTx) platform with full API integration to SRUC's internal data platform. The collaboration created live 3D visual models and Digital Twin concepts combining EO imagery with IoT data for agricultural monitoring, animal health tracking, and environmental management. This was Space Aye's first major agricultural sector implementation.
• ADS (Aerospace, Defence and Space)minorOthersSpace Aye is a proud member of ADS, the trade organization for the aerospace, defence, and space sectors in the UK. Membership provides networking, advocacy, and industry representation.
• UK Space AgencyminorOthersSpace Aye is a member of the UK Space Agency ecosystem, representing their involvement in the UK space sector and access to government initiatives and funding programs.
• World Economic ForumminorOthersSpace Aye is associated with the World Economic Forum as a participant in global discussions on technology, sustainability, and economic development.
• Space NetworkminorOthersSpace Aye participates in Space Network events and roundtables, including sessions with the Bank of England Governor and other industry leaders to discuss space sector development.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Up42: Satellite data marketplace and geospatial analytics platform originally spun out of Airbus. Comparable to Space Aye's LTx as both serve enterprise customers with multi-constellation imagery access, tasking workflows, and value-added analytics on top of third-party satellite data.
• SkyWatch: Satellite data marketplace that aggregates multiple satellite imagery providers and offers enterprise tasking and analytics. Directly comparable to Space Aye's LTx platform as both provide simplified multi-constellation imagery access for enterprise customers.
• BlackSky: Satellite imagery and AI analytics company providing real-time geospatial intelligence. Comparable to Space Aye as both combine satellite imagery with AI for asset identification, monitoring, and operational intelligence across defense and enterprise segments.

Broad incumbents

• Spire Global: Publicly traded satellite-powered data analytics company providing weather, maritime, aviation, and intelligence data. Comparable to Space Aye as both deliver satellite-derived data services and analytics to enterprise and government customers across multiple verticals.
• Planet Labs: Largest publicly traded commercial Earth observation company with its own constellation and analytics platform. Comparable to Space Aye in the satellite imagery + AI analytics space, though Planet operates at vastly greater scale with owned infrastructure and broader product portfolio.
• Maxar Technologies: Large aerospace and geospatial intelligence company with high-resolution satellite imagery and analytics capabilities. Comparable to Space Aye in serving defense, intelligence, and enterprise customers with satellite imagery-derived insights, though at much larger scale with deep government relationships.

Emerging players

• ICEYE: SAR satellite imagery company providing persistent monitoring and rapid tasking. Comparable to Space Aye's tasking and monitoring use cases across insurance, defense, and maritime verticals, though ICEYE operates its own SAR constellation.
• Satellogic: Earth observation company building a high-resolution satellite constellation with analytics capabilities. Comparable to Space Aye as both target enterprise and government customers with imagery + analytics, though Satellogic owns its constellation and focuses on asset monitoring use cases.
• Capella Space: Synthetic aperture radar (SAR) satellite operator providing all-weather, day/night Earth observation imagery. Comparable to Space Aye in providing satellite imagery and analytics for commercial and government monitoring applications, with different but complementary sensor modalities.
• Descartes Labs: Geospatial analytics platform applying AI/ML to satellite imagery and other Earth observation data. Comparable to Space Aye as both transform satellite imagery into enterprise-ready analytics for agriculture, energy, and sustainability applications.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/spaceaye

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Space Aye