Efforts to increase the efficiency of agriculture are a staple of European sustainability efforts, but Constellr digs deeper than other agriculture monitoring companies in that it aims to save costs on the technology used to monitor farming, reducing it by up to 97%.
German-born Constellr uses thermal infrared microsatellites to monitor global land surface temperature (LST), analysing and diagnosing the right amount of water needed for optimum crop yields. With around 70% of the world’s freshwater used in agriculture, about 40% is wasted. Constellr’s savvy use of space technology for good could be a long-lasting and highly impactful solution, and its founder's backgrounds as environmental researchers add to the company’s credibility.
Awarded a significant 10 million euros in seed funding in November 2022, Constellr’s partners have included Lakestar and FTTF, among many others. The number of investors is unsurprising, with Constellr’s potential to save up to 2 trillion euros in agricultural water wastage by the end of the 2020s as much a moral motive as it is a financial one.
Kirsty
Company Specialist at Welcome to the Jungle