EarthDaily Analytics completes acquisition of Descartes Labs to strengthen geospatial AI capabilities
Acquiring Company
EarthDaily Analytics
Acquired Company
Descartes Labs
Vancouver
Santa FeSoftwareArtificial IntelligenceAnalyticsGeospatialInformation TechnologySoftwareAnalyticsDescription
EarthDaily Analytics, a provider of Earth Observation data, analytics, and solutions, has acquired Descartes Labs, a leader in providing actionable intelligence for global enterprises. The acquisition aims to strengthen EDA's core geospatial AI capabilities, provide access to high-value industry verticals, and enhance Descartes Labs' offerings through integration with EDA and the launch of the EarthDaily Constellation in 2025.
Quick answer
EarthDaily Analytics is acquiring Descartes Labs, announced October 15, 2024. EarthDaily Analytics is based in Vancouver, British Columbia, Canada.
- How much did EarthDaily Analytics pay for Descartes Labs?
- The deal value was not disclosed.
- What does EarthDaily Analytics do?
- EarthDaily is the end-to-end provider of Earth Observation solutions, combining deep domain expertise with powerful technology to deliver daily, global insights at unmatched scale and precision.
- Where are EarthDaily Analytics and Descartes Labs based?
- EarthDaily Analytics is based in Vancouver, British Columbia, Canada. Descartes Labs is based in Santa Fe, New Mexico, United States.
- Who are the decision-makers at EarthDaily Analytics?
- Fundz holds 5 contacts at EarthDaily Analytics. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Descartes Labs?
Descartes Labs was acquired by EarthDaily Analytics, based in Vancouver. The deal was reported on October 15, 2024. EarthDaily is the end-to-end provider of Earth Observation solutions, combining deep domain expertise with powerful technology to deliver daily, global insights at unmatched scale and precision. EarthDaily Analytics is privately held and operates in Software.
When did EarthDaily Analytics acquire Descartes Labs?
EarthDaily Analytics's acquisition of Descartes Labs was reported on October 15, 2024. EarthDaily Analytics, a provider of Earth Observation data, analytics, and solutions, has acquired Descartes Labs, a leader in providing actionable intelligence for global enterprises. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Descartes Labs do?
Descartes Labs is a technology company that automates the analysis of geospatial data to help organizations answer key questions about the physical world. It is privately held, operating in Information Technology, and is based in Santa Fe.
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