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London, United Kingdom; Los Angeles, California; and Bengaluru, India, 6th February 2025 – Pixxel, a US-India-based space technology company building the world's highest-resolution hyperspectral satellite constellation, today announced a partnership with Kita, a leading provider of insurance and risk monitoring services for carbon solutions.
With Pixxel’s hyperspectral data, Kita aims to enhance its suite of monitoring and insurance products for clients, including major commodity traders, international development banks, investment funds, and insurance companies managing large-scale sustainability-focused programmes.
Traditional methods of estimating above-ground biomass and growth for forestry projects rely on broad averages, leaving critical gaps in risk assessment. Pixxel’s hyperspectral data has the potential to bridge these gaps by enabling more granular and predictive approaches to habitat analysis and insurance-related risk assessment.
By capturing biophysical and biochemical indicators at a species level, Pixxel’s technology provides high-resolution insights into ecosystem health. Kita will use this data to further develop its risk modeling methodologies, with applications across blue carbon, afforestation, and vegetation stress assessment. These insights could support clients in assessing and mitigating risks associated with carbon projects, meeting sustainability commitments, and safeguarding fragile environments. Hyperspectral data also provides much-needed ways to monitor emerging carbon removal technologies such as regenerative agriculture, enhanced weathering and biochar.
"Kita's mission is to help fund the fight against climate change by managing the risks associated with investing in carbon solutions. Pixxel’s data will enable us to build the next generation of risk models to more accurately track emerging risks in real-time,” said Paul Young, CTO and Co-Founder of Kita. “Early identification of risks supports rapid risk mitigation, reducing losses and speeding up the claims process."
"The partnership with Kita underscores the potential of hyperspectral technology at the intersection of carbon and insurance markets," said Awais Ahmed, Founder and CEO of Pixxel. "By combining Pixxel’s data capabilities with Kita’s expertise, we are advancing the tools needed to support conservation-driven efforts, building a health monitor for the planet and empowering stakeholders to take meaningful climate action."
"We are excited to bring hyperspectral data into the realm of nature-based carbon project management with Kita," said Aakash Parekh, Chief Commercial Officer at Pixxel. “Nature-based projects are inherently difficult because they involve highly nuanced and diverse ecological systems that demand advanced solutions. Pixxel’s high-fidelity hyperspectral data provides the precision needed for species verification, predictive modelling of tree mortality rates, and dozens of other vital metrics to insure these projects effectively."
Pixxel just successfully launched three of its commercial hyperspectral satellites, Fireflies, aboard SpaceX’s Transporter-12. This launch marks the first phase of Pixxel’s commercial constellation, with three additional Firefly satellites scheduled to launch in Q2 2025. Together, these satellites will spectrally fingerprint the Earth, delivering comprehensive, real-time data collection and analysis across 150+ spectral bands at 5m resolution and 40 km swath width with a daily revisit rate.
With flexible tasking, customisable band sets, and simplified pricing, Pixxel’s technology aims to enhance monitoring accuracy, reliability, and scalability for nature-based solutions. Pixxel aims to equip industries and governments with insights to address global concerns, manage resources responsibly, and drive climate action.
With this partnership, Pixxel and Kita seek to redefine carbon monitoring and enable the development of advanced tools to help protect ecosystems and support stakeholders in achieving sustainability goals.
