Tasmanian Space sector firm Geoneon are producing sophisticated tech solutions to battle climate change with the support of grant funding from the Rockliff Liberal Government.
The Hobart based firm received a Tasmanian Space Technology Seed Fund grant of $100,000 to fast-track development of its product to leverage Earth Observation and Artificial Intelligence technology.
The cutting-edge technology transforms complex geospatial data into climate risk insights for action and informed decision making.
Minister for Science and Technology, Madeleine Ogilvie said Geoneon is an example of local innovators utilising cutting edge communications technology to solve global problems.
“Our planet needs companies like Geoneon that can adapt data generated from our space communications systems and apply it to measure and assess climate risk,” said Minister Ogilvie.
“Our government understands the Space sector and supports science. We are primed for exponential growth in commercialisation opportunity for science, engineering and tech innovation, particularly in the Space sector.
“Our support is assisting Geoneon to expand its commercial footprint in Australia and international markets.”
Geoneon utilises ‘downstream’ space technology, services and satellite data to address real world problems and challenges in relation to climate change.
This state-of-the-art information can then be used to assist decision making for key stakeholders in Government and Emergency Services, commerce and industry, and bridges the gap between environmental data and financial reporting.
Started in 2018 by Roxane and Alex Bandini-Maeder, the firm is passionate about disaster risk reduction and have secured project work with a range of impressive clients.
“Not only is Geoneon using its technology to work with Tasmanian clients such as Hydro Tasmania and Hobart City Council it has expanded to include providing support for major projects throughout Australia and internationally,” said Minister Ogilvie.
“Geoneon’s international and Australian clients include the World Bank/ Asian Disaster Preparedness Center in Thailand, the Bhutan Government, the Shire of Dundas in Western Australia, and GB Energy, and Green Energy Partners in Victoria.
Geoneon will also be travelling to Canberra later this month after being announced as a finalist of the National Export Award.
“Being announced as a finalist for this prestigious award is an amazing achievement for Geoneon and illustrates the great work being done by Tasmanian businesses.
“Our government will continue to provide our businesses with all the support they need so that Tasmania is one of the best places in Australia to do business.
“I am focused on creating opportunity not just for business but also for Tasmanians to have careers in the tech sector.
“When Tasmanian businesses are going well, our state is going well, our economy is strong, and we can invest more into the essential services that Tasmanians need and deserve.
