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Rezatec moves to UK’s commercial space hub

 

Rezatec, a leading provider of geospatial data analytics to the infrastructure, forestry and agribusiness sectors, which recently raised £2m, has relocated to a newly built global headquarters at Quad One on the Harwell Science and Innovation Campus in Oxfordshire, the UK’s commercial space hub.

The equity funding saw new investors Newable Private Investing join existing shareholders Run Capital Limited and Caphaven Partners in providing £2m of finance to the business. This came on the back of newly announced customer contract wins in North America and Asia-Pacific.

Rezatec’s new facility will accommodate newly expanded data science, research and development and sales teams to support existing customers and to expand the company’s commercial reach worldwide.

CEO Patrick Newton said: “Rezatec is in fast growth mode as we expand the business internationally and our move to Quad One helps us accommodate our increasing number
of employees as we deliver geospatial data analytics solutions to our global customer base. Having been a part of the Harwell Space Cluster for over 5 years now, we are naturally keen to strengthen our presence on campus to capitalize on the commercial advantage
of being amongst 80 + other space related organisations.”

Rezatec proprietary algorithms process data inputs from satellite, airborne and ground sensors to predict outcomes for key assets across a range of industry verticals. Users access Rezatec analytics through subscription to the Rezatec geospatial portal. Rezatec enables yield optimisation for commodity crops in the Agribusiness sector; identifies harvestable inventory in the Forestry sector; and asset risk and subsidence movements in the Infrastructure domain. Rezatec users include major utilities, agribusinesses, large forestry groups, consulting partners and governments worldwide.

 

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