Skytek at Rendez-Vous de Septembre: Shaping the Future of Insurance
The insurance industry has always been at the forefront of adapting to technological advancements. In recent years, the sector has witnessed a rapid transformation driven by data analytics, artificial intelligence, and innovative insurtech solutions. Against this backdrop, one company, Skytek, has emerged as a key player in revolutionizing the insurance landscape. Skytek will once again be present at Rendez-Vous de Septembre, an event that brings together leaders and innovators from the global insurance market.
Five Irish Companies Join the Space Race
Sarah Bourke and Paul Kiernan’s Skytek started out providing instruction manuals for space. Today its international procedural viewer is behind the checklists and operations that help astronauts keep the International Space Station in orbit. Having just won a contract with the European Space Agency, Skytek is due to repeat the feat on board Gateway, a lunar space station slated for launch in 2028. The company has since moved into Earth observation, providing real-time satellite imagery to insurance companies, including Aon, Chubb and Airbus.
Severe Weather Advisory – Hurricane Idalia
Hurricane Idalia, the ninth named storm of the 2023 Atlantic hurricane season, made landfall in Florida’s Big Bend region near Apalachee Bay as a Category 4 hurricane on Wednesday, August 30, 2023.
Idalia formed as a tropical depression on August 27 near the Yucatan Peninsula and rapidly intensified over the warm waters of the Gulf of Mexico. The storm reached Category 4 status with sustained winds of 130 mph and gusts of 160 mph before making landfall over the counties of Taylor, Dixie and Levy in Florida.
Skytek Receives Prestigious ADS Step R&D Award
Skytek, a renowned innovator in technology solutions, is thrilled to announce its recent achievement as the recipient of the highly esteemed ADS Step R&D Award supported by the UK Space Agency. This prestigious recognition acknowledges Skytek’s ground breaking advancements in Augmented Reality (AR) technology specifically tailored for the Spacecraft Assembly, Integration, and Test (AIT) sector.
Skytek presents at Sanctions In Insurance Roundtable.
Skytek hosts their ESA insurance user requirement workshop at Lloyd’s London on emerging space technologies to support sanctions compliance.
Skytek awarded ESA ARTES contract for Maritime Awareness Services
Skytek has been awarded a contract by the European Space Agency (ESA) within the ARTES 4.0 Strategic Programme Line – Space Systems For Safety And Security (4S), for the development of Geospatial Information Networking Techniques for Maritime Awareness Services.
Marine Insurance: The First Anniversary of The Ukraine Conflict
On February 21st, 2023, Skytek recorded that 58 ships with an aggregating market value of $440 million remained trapped in Ukrainian seaports. On February 25th, 2023, a year will have elapsed since the seaports of Ukraine have been closed for entry and exit. Under the Institute War & Strikes Clauses (IWSC), owners are entitled to claim a Constructive Total Loss for the 58 vessels.
Skytek Takes Off with Artemis
Skytek has been awarded a significant contract from the European Space Agency (ESA) to develop flight support software for the new Gateway space station, an essential element of their ambition to bring a European to the Moon by 2030. Located Nearly 400 000 km from Earth, it is planned that the Lunar Gateway will be operational towards the end of 2024.