Satim Monitoring Satellite LLC.

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Satim Monitoring Satellite LLC. - overview

Established

2012

Location

Krak�w, -, Poland

Primary Industry

Software

About

Founded in 2012 and based in Krakow, Poland, Satim Monitoring Satellite LLC. operates as an information technology company that offers artificial intelligence-based software-as-a-service for detecting, classifying, and identifying objects using synthetic aperture radar satellite imagery. Jacek Strzelczyk (CEO) and Stanisława Porzycka-Strzelczyk (CTO) are the co-founders of the company. In August 2023, Satim Monitoring Satellite LLC raised USD 2 million in venture funding from Cultivation Capital, including Everywhere Ventures, Hustle Fund, Kluz Ventures, Startuplst VC, and Verissimo Ventures.


As of 2023, the company also has offices in the US and the UK. The company specializes in vessel identification and classification, uses Synthetic Aperture Radar (SAR) technology for maritime surveillance, which is a remote sensing technique that uses microwave waves to generate high-resolution 2D reconstructions of actual things. Satim's AI models use synthetic SAR data created in their cutting-edge simulator, with a focus on accuracy and innovation. This method allows for near-real-time, precise identification, and categorization of both civil and military vessels, whether in ports or at sea.


Some of the benefits of the company's technology include real-time decision-making, integration with current systems, 95% accuracy in vessel identification, 90% accuracy in vessel categorization, and others. The firm’s partners include Airbus, Capella Space, Esa, Iceye, Synspective, and others. The organization plans to use the August 2023 funding to expand its team and improve its technology and capabilities.


Current Investors

Cultivation Capital, Kluz Ventures, Hustle Fund

Primary Industry

Software

Sub Industries

Government, Application Integration Software, Analytics & Performance Software

Website

www.satim.co

Verticals

Artificial Intelligence, Big Data, Cloud Computing

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Satim Monitoring Satellite LLC. - timeline of key events

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Satim Monitoring Satellite LLC. - financials

Fiscal Year EndedDec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)766,366.3714,715.3829,6321,154,528.2---
% Revenue Growth (YoY)-(6.7%)16.1%39.2%---
EBITDA (USD)303,367205,071.1(65,933.5)570,067.8---
Operating Income (USD)299,167160,399.1(126,840.3)509,161---
Operating Margin39.0%22.4%(15.3%)44.1%---
% EBITDA Margin39.6%28.7%(7.9%)49.4%---
NET Income (USD)237,856.9163,657.3(130,818)482,466.9---
% Net Margin31.0%22.9%(15.8%)41.8%---

Satim Monitoring Satellite LLC. - employee data

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