Monetisation of sustainable business models for Satellite Derived Bathymetry

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1 Monetisation of sustainable business models for Satellite Derived Bathymetry

2 Who are we? We are a UK & UAE based company specialising in satellite derived seabed & environmental mapping products We aim to bring new, cost effective coastal & environmental mapping solutions to the market We have delivered over 20 projects worldwide to prestigious customers such as EAD, UKHO, NOAA, British Navy, GSI etc.

3 History of bathymetry - boats

4 History of bathymetry aircraft

5 History of bathymetry - satellite

6 Landsat Rapid Eye WorldView-2 Multi sensor acquisition Resolution Large area, course surveys at medium accuracy Medium area high resolution surveys at good accuracy Super high resolution surveys with excellent accuracy Accuracy

7 Preferred satellite data WorldView-2 QB Pan MS WV1 Pan WV2 Pan MS Wavelength (nm) 8 multispectral bands, with a coastal blue band.

8 What have we done so far? Special case studies All projects have been completed without any mobilisations of any kind

9 Wexford Harbour, Ireland Item Client Conclusion Date July 2012 Purpose Depths reached Accuracy Achievements Issues Conclusions Geological Survey Ireland Comparison with MBES, SBES & LiDAR 20 m Various see difference sheet Relatively good results in Irish waters Turbidity at river mouth gave poor accuracies SDB can be successfully used in northern Atlantic waters GSI went on to issue RFP for SDB for 12 bays which Proteus won with work currently underway

10 Wexford

11 Wexford - Detail

12 Wexford Quality Map Unreliable results due to turbidity at river mouth Green & yellow indicate reliable data in clearer waters

13 Wexford validation by client using MBES Poor accuracies at river mouth Very good accuracies between 0m and 0.75m from MBES Accuracies start to taper off in deeper waters but still consistent with 10% of depth

14 Saipan, Northern Mariana Islands Item Client Conclusion NOAA Date January 2013 Purpose Depths reached Accuracy Achievements Issues Conclusions Remote island survey > 25 m Estimated at 10% of water depth see overlay of data on chart Rapid survey in extremely remote area None to report Survey aligned well with NOAA charts No challenges to survey very remote area Great example of how huge savings can be made negating the need for mobilisations of boats or aircraft

15 Bathymetry data overlaid onto NOAA chart Data lines up with dredged channel Shoals match 100% bottom cover achieved for survey area

16 Saipan channel X-Section

17 Saipan World War II wreck Bathymetry of boat below surface evident

18 Question what if we could change the current sales & business models of seabed mapping and make the products even more affordable?

19 Bathymetry data capture cost comparisons Activity Echo sounding LiDAR Satellite Costs/sq km > $2,000 - $5,000 > $1,000 - $2,000 < $200 Data capture in field 5 10 sq km/hour sq km/hour Unlimited Processing rate/ month 500 sq km 500 sq km 5,000 sq km Permits required? Although Yes this price is much Yes No Mobilisation? lower Yes than current prices Yes No can this be lowered further? Border issues? Yes Yes No Health & safety issues? Yes Yes No Danger to ecosystem? Yes No No Pollution issues Yes Yes No Seabed classification? No No Yes

20 Current business models Companies react to RFP Customers? Hydro offices Port authorities Charting High cost & limited users Data users? Client Charting Navigation

21 Can new sustainable business models be created for coastal zone & shallow water mapping products? Can we change the current supply & demand models? SUPPLY NEW BUSINESS MODELS Although the need for seabed map products are high, demand is low due to high costs Any new business model has to be sustainable and long term BUSINESS Significant business development opportunity for companies that are prepared to buck the trend

22 Create off the shelf data products from archive Work with respected charting offices to validate data Re-sell multiple times thus reducing sq km rate even further

23 Create more than just xyz data

24 Conclusions SDB is an affordable & fast alternative survey method compared to traditional methods Accuracies more than adequate for most applications and are improving all the time Remotely sensed surveys of seabed alleviate many issues associated with traditional methods such as permits, borders and H&S issues Price point can be lowered further if new sustainable business models can be introduced and funded in short term

25 David Critchley

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