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COINTURK FINANCE > Business > Funding Boost Drives Caeli to Expand Global CO2 Monitoring
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Funding Boost Drives Caeli to Expand Global CO2 Monitoring

Overview

  • Caeli receives ESA funding to advance the global CO2 monitoring project Carbon Eye.

  • The project combines satellite data and AI for detailed CO2 emissions analysis.

  • These data-driven insights support international compliance with environmental regulations.

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Amsterdam-based deep tech company Caeli, known for its innovative approach to climate data, is set to scale its operations significantly. With fresh funding from the European Space Agency through the Netherlands Space Office, Caeli is poised to advance its Carbon Eye project. This strategic investment not only underscores the growing importance of technological solutions in environmental monitoring but also enhances the reach and impact of their CO2 mapping initiatives. The funding aims to refine the company’s ability to provide comprehensive climate data solutions worldwide.

Contents
What does the Carbon Eye project entail?Why is satellite technology crucial?

Caeli’s recent collaboration is another milestone in a series of efforts to leverage technology for environmental challenges. In earlier projects, the company successfully deployed its Air Quality Monitor (AQM) in various cities, including Deventer and Tallinn. These initiatives focused on tracking and improving local air quality, contributing to policymaking and public health improvements. The Carbon Eye project, however, aims to broaden this scope by providing data on a global scale, showcasing the shift from local to worldwide impact.

What does the Carbon Eye project entail?

Carbon Eye measures and visualizes global CO2 emissions with a focus on diverse sources. Using satellite and AI technology, the project frequently analyzes emissions from industrial facilities, agriculture, and more. This detailed data helps governments and companies comply with EU regulations and creates potential for comprehensive climate reports.

“This contract is a good example of how targeted support for innovation can directly lead to a viable commercial solution for an urgent global issue,” remarked Piera de Vito of ESA, highlighting the project’s significance in climate efforts.

Why is satellite technology crucial?

Satellite solutions play a crucial role in global environmental management. Founded in 2018, Caeli leverages satellite data to manage emissions, improve air quality, and meet regulatory standards. These tools are vital for governments and businesses to understand and mitigate their environmental impact. This capability aligns with broader efforts to address climate change and supports several Sustainable Development Goals, including urban sustainability and resource conservation.

Martin Smit, founder and CEO of Caeli, stated, “For us, this is an important step. With Carbon Eye, we are moving from proven technology to a globally scalable product.”

Satellite data has become indispensable for understanding emissions and their wide-ranging effects. It empowers countries to make informed decisions about resource management and environmental policy. Employing this data contributes directly to achieving climate targets set by international frameworks.

By extending its capacity to monitor and report on CO2 emissions, Caeli aids in creating a more transparent and accountable approach to environmental stewardship. The first results from the Carbon Eye initiative are anticipated in 2026, marking a new chapter in global environmental observation.

Caeli’s work exemplifies how technology can bridge the gap between local and global environmental challenges, offering scalable solutions to some of the most pressing issues today. Their continued development efforts are critical in pushing the boundaries of what technological innovation can achieve in climate action.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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