The European Commission has contracted with EOS Data Analytics, a satellite analytics company, to develop technologies for monitoring and analyzing mining sites across Europe. The three-year project, called Goldeneye, has a total budget of €8.3 million.
The project will develop solutions that improve the safety, environmental impact, and profitability of mines across Europe using a platform that combines EOS proprietary technology with on-site sensing.
“With Goldeneye, we are not solving just one problem. Our goal is to bring together different technologies in a platform that can offer innovative solutions to both businesses and governments and have a positive effect on the mining industry as a whole,” says the project coordinator Marko Paavola of the VTT Technical Research Centre of Finland.
The Goldeneye project will target five mining sites across Europe: Pyhäsalmi mine in Finland, Trepča Mine Complex in Kosovo, Erzgebirge district in Germany, Panagyurishte district in Bulgaria, and the Roşia Poieni district in Romania.
Under the terms of the Goldeneye program, EOS Data Analytics will provide satellite data processing.
The team explains that space is, first of all, the knowledge that helps humanity respond correctly and promptly to environmental changes. Therefore, we are focused on developing such technologies. At EOS Data Analytics, we have more than 20 scientific and industrial verticals, where we create tools to monitor various processes on Earth.
Max Polyakov, the founder of EOS and Noosphere Ventures, says, “We are delighted to have a synergistic partnership with the European Commission and are confident that the resulting analysis will be another technological step towards the conservation and optimization of natural resources.”
The consortium running the project consists of the VTT Technical Research Centre of Finland and 16 European companies and research partners. The consortium is working together in platform development and bringing together the work of sensing experts, solution providers, and European mines.
About EOS Data Analytics
EOS Data Analytics (EOSDA) is a global provider of AI-powered satellite imagery analytics founded by Dr. Max Polyakov. The company operates worldwide, partnering with governmental, commercial, and scientific organizations.
The company provides Earth observation solutions for smart decision-making in 22+ industrie
s, with the main focus on agriculture and forestry. We combine data retrieved from satellite imagery with AI technologies and proprietary algorithms to analyze the state of crops within farms and trees growing in forest stands to drive businesses and implement sustainable practices globally. The EOSDA’s mission is to preserve the Planet by equipping the decision-makers with the tools for tackling today’s most urgent challenges.
EOSDA’s main product in the agriculture industry is EOS Crop Monitoring, an online satellite field monitoring service that collects all the important information about the state of crops in one tool.