Axelspace Corporation (Axelspace) announces a strategic partnership and collaboration with the space division of Liberatech Plus Ltd. (“Liberatech”)
The collaboration aims to leverage satellite data and AI machine learning technologies to develop advanced analytic tools for the commodity trading industry. This collaboration will revolutionize the way commodity trade risk management (CTRM) is conducted, empowering businesses with unprecedented insights and predictive capabilities.
Under the agreement signed between the two companies, Axelspace will provide Liberatech with ongoing access to their raw satellite data. This data will be instrumental in the development of AI analytic and AI predictive analytic tools, which will be embedded into Liberatech’s CTRM product and services.
The collaboration between Liberatech and Axelspace brings together the expertise and resources of two leading companies in the industry. Liberatech, known for its innovative commodity trade risk management solutions, will harness the power of satellite data and AI analytics to deliver cutting-edge tools for the commodity trading industry. Axelspace, a renowned satellite developer and provider of satellite imagery data, will contribute its expertise in data acquisition and cooperation to ensure a seamless integration of satellite data into the development process.
Yasu Yamazaki of Liberatech Space Pte Ltd. commented,
“We are thrilled to collaborate with Axelspace Corporation on this groundbreaking initiative. By combining our group’s expertise in commodity trade risk management with Axelspace’s satellite data capabilities, we aim to provide our clients with unparalleled insights and predictive capabilities. This collaboration will revolutionize the way businesses manage commodity risks.”
Yuya Nakamura, the President and CEO of Axelspace, commented,
“We are excited to partner with the Liberatech Group to leverage satellite data and AI analytics in the commodity trading industry. Our raw satellite data combined with Liberatech’s advanced analytics will enable businesses to make data-driven decisions and mitigate risks effectively. This collaboration represents a significant step forward in the application of satellite data and AI in the industry.”
Both companies are confident that the collaboration will yield groundbreaking solutions that will redefine commodity trade risk management. Through their combined expertise, Liberatech and Axelspace are poised to deliver innovative tools that will empower businesses to make more informed decisions, optimize operations, and drive growth.
Their collaboration will be promoted across a wide range of International Commodity Market participants, the first of which has already started with projects in sustainable Palm Oil plantations in South East Asia, Agricultural farming optimisation in East Africa and Critical Mineral mining around the world.
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