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The National (Scotland)
The National (Scotland)
National
Gregor Young

Seven figure boost for Scottish space firm

GSI Scottish Enterprise

A SCOTTISH Enterprise-backed space firm that uses satellite data to analyse the health of land for land owners, investors and service providers has secured a seven-figure investment package that will drive an ambitious scale-up.

Global Surface Intelligence (GSI) provides forestry data and analytics to support clients’ critical investment decisions and is primed to capitalise on the rapidly emerging carbon market. The money will support its expansion into the US, with US-based new hires set to join the firm in early 2023.

The Edinburgh-based geospatial company has agreed investment from Alter Technology TUV Nord Group (TUVN) for a minority stake in the business.

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