Ithaca, NY – April 27, 2017 – Adam Maher, Ursa Founder and CEO, recently talked about Ursa’s reliable delivery of a weekly data set on China’s crude oil storage. He spoke to Via Satellite about the value of satellite-based radar data for serving customers in the financial and energy markets. “We measure the same tanks every week. That reliability was really needed for modern-day trading models to be effective and have good predictions.”
The beauty of using radar over optical imagery is that radar functions independent of weather and lighting conditions. “Seeing through clouds is a huge advantage. Eastern China, where a lot of the oil is stored, is an incredibly cloudy place,” Maher said.
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