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SI Analytics
AI-powered satellite imagery analysis for multiple sectors
About SI Analytics
SI Analytics is a South Korean company specializing in the analysis of satellite and aerial imagery through artificial intelligence. Founded in July 2018, the company was spun off from Satrec Initiative, the developer of South Korea's first satellite. The startup was co-founded by Taegyun Jeon, who serves as the CEO, and Seunghyun Jeon.
The firm develops solutions that cater to a wide range of sectors, including defense, disaster management, agriculture, and urban planning. Its business model revolves around providing actionable insights from vast amounts of geospatial data, addressing the challenge of data over-supply and a limited number of expert analysts. Clients include government institutions and private corporations, using the technology for applications such as monitoring military sites, assessing global crop conditions, and supporting environmental, social, and governance (ESG) initiatives by digitizing atmospheric observations.
The company's product portfolio includes 'OVISION', an end-to-end satellite imagery analytics platform that offers features like object detection, change tracking, and segmentation. OVISION is available in different versions, such as 'OVISION Intelligence' for strategic monitoring and 'OVISION Earth' as a broader data platform. A key technology is 'SuperX', a super-resolution AI solution designed to enhance the quality of low-resolution satellite images by improving their ground sampling distance, effectively doubling the clarity and revealing finer details. The company also offers 'nK Insight', a service providing in-depth reports on North Korea by combining AI-driven image analysis with expert intelligence.
SI Analytics has gained recognition through various awards and partnerships. It has been selected as an NVIDIA Inception Premier Partner and has achieved high rankings in competitions hosted by the U.S. Department of Defense's Innovation Unit (DIU), ICCV, and NeurIPS. In 2023, the company signed a strategic partnership with satellite imagery provider Maxar Technologies and in 2025, it signed an MOU with the UAE's Mohammed Bin Rashid Space Centre (MBRSC) for joint platform development. The company has received funding from investors including the Korea Development Bank, Medici Investment, and has been noted as an NVIDIA portfolio company.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Daejeon, South Korea
- Employees
- 36
- Open positions
- None listed
- Dealroom signal
- 23.7/100
- Industry
- Space
- Sector
- Space, Defence, Satellite Imagery, Earth Observation Satellites, NIF defense security and resilience, NIF Security of Critical Technologies, NIF awareness and decision making
- Technology
- Artificial Intelligence, Big Data, Deep Tech
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Dec 2024 | $19M | $76M | Undisclosed | ↗ |
Growth signals
Latest recorded traffic for SI Analytics is 11K monthly website visits, up 22.2% over the last three months.
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