Satavia provides digital environmental awareness for aviation companies, enabling them to come up with innovative solutions to make flying smarter. Its patent-pending cloud-based data analytics platform combines weather predictions with Earth observation and live aircraft tracking. This enables aircraft manufacturers, maintenance repair organisations and operators to reduce unscheduled aircraft maintenance caused by environmental stresses.
How they’re disrupting
Making flying smarter not only reduces costs and passenger disruption, it also reduces aircraft emissions, which over time will have a positive impact on climate change. Satavia gives companies information to enable them to do advanced flight planning, as well as providing them with increased situational awareness to support immediate decision-making on the flight deck and on the ground.
In 2010, volcanic ash clouds from Iceland grounded European aviation and cost the industry $5billion over a 5-day period. There are currently 251,120,000 flight hours per year, with 43,000 aircraft engines in service at any one time. Satavia help aircraft manufacturers, maintenance repair organisations and operators to save hundreds of millions each year. The industry trend is towards power-by-the-hour and the OEM services market is worth over $15 billion and increasing rapidly. Satavia aims to take a share of that amount with an attainable market estimated at close to $2 billion.
Investments and future
Satavia successfully tested their technology concept and its commercial application in a €500,000 Feasibility Study funded by the European Space Agency. They have also received £80,000 of grants in the first quarter of 2017 and have over £1 million funding lined up for late 2017. They are currently developing a prototype platform and have a lead OEM pilot engagement in the pipeline. Future plans include to combining environmental awareness technology with emerging AI technologies used for autonomous vehicle navigation and decision-making.