COVID-19: e-GEOS will develop a solution to monitor the economic recovery

03 September 2020

e-GEOS has signed a contract with the European Space Agency (ESA) for the development of a solution capable of integrating and analyzing large amounts of  both satellite and non-satellite data, to help monitor the economic recovery after the COVID-19 outbreak, in particular in the port, logistics and freight transport sectors.

The project, called “COVID-19 economic impact assessment from Space in Italian Ports and Logistic Centers - Enabling Industry Growth”, will be funded in the context of the permanent ESA call “EO Science for Society”, aimed at supporting solutions and services using Earth Observation data for the benefit of citizens.

e-GEOS will lead a team composed of the startup CherryData, spinoff of the Politecnico di Milano, and the company ExpertLAB, headquartered in Rome.

Thanks to a specific big data management and analysis approach, the solution is able to integrate current and historical data from different sources - optical and radar satellite images, information on road traffic, on pollution and on the presence of mobile phones - to analyse and compare trends in the economic activity in the period from 2019 to 2020 and identify future trends.

The solution therefore identifies some indicators in order to characterize the effects of the lockdown and the subsequent gradual return to normality, such as for example the number of ships arriving or leaving a port, as a data representative of the changes in progress.

Thanks to the ability to analyse data from different sources and related to different stages of the crisis, the solution will also be able to monitor and quantify data related to the recovery of the economic activity. The information generated may provide useful information to institutions and entities, in particular to banks, insurance and transport companies.

Data related to some of the largest ports in the country will be analysed, allowing for a potential global scalability.

“This project demonstrates e-GEOS's ability to integrate multi-source information and technologies such as artificial intelligence, big data analytics and computing tools to provide innovative solutions and tools to support institutions’ decisions,”

Paolo Minciacchi, CEO of e-GEOS

Leonardo, through e-GEOS, after providing maps and data to support the management of the COVID-19 emergency through the activation of Copernicus EMS Rapid Mapping, continues to develop innovative solutions in the field of geo-information to deal with the pandemic through the integrated data analysis.

Other News & Stories

05.07.2024
Aid to the Climate Emergency in the South region of Brazil

Telespazio Brasil has been a crucial ally of the Brazilian Air Force (FAB), which plays a vital role in rescue operations and assistance to flood victims in the South region of Brazil, providing cutting-edge data and technology to support the emergency operations that FAB has been conducting in the area.

04.07.2024
Sarah Macken appointed CEO of Telespazio UK

Sarah Macken joined Telespazio UK as CEO in July 2024.

27.06.2024
Telespazio Joins Viasat’s ELEVATE program to provide satellite solutions for remote IoT connectivity

ELEVATE membership will support the company’s growth across range of industries including agriculture, energy, oli and gas and mining operations.

21.06.2024
The Space Alliance receives the 'Le Farnese d'OR 2024' award

Thales and Leonardo rewarded for having enhanced the relationship between Italy and France by boosting space cooperation between the two countries in the context of the Quirinal Treaty. 

05.07.2024
Aid to the Climate Emergency in the South region of Brazil

Telespazio Brasil has been a crucial ally of the Brazilian Air Force (FAB), which plays a vital role in rescue operations and assistance to flood victims in the South region of Brazil, providing cutting-edge data and technology to support the emergency operations that FAB has been conducting in the area.

04.07.2024
Sarah Macken appointed CEO of Telespazio UK

Sarah Macken joined Telespazio UK as CEO in July 2024.

27.06.2024
Telespazio Joins Viasat’s ELEVATE program to provide satellite solutions for remote IoT connectivity

ELEVATE membership will support the company’s growth across range of industries including agriculture, energy, oli and gas and mining operations.

21.06.2024
The Space Alliance receives the 'Le Farnese d'OR 2024' award

Thales and Leonardo rewarded for having enhanced the relationship between Italy and France by boosting space cooperation between the two countries in the context of the Quirinal Treaty.