"The expansion to mining is a natural progression of our ability to use AI analytics to monitor soil moisture underground," said Elly Perets, CEO of ASTERRA. "It also fulfills our mission to become humanity's eyes to protect the environment."
ASTERRA's complex artificial intelligence (AI) and machine learning (ML) algorithms extract the signal of lithium concentration underground from satellite based PolSAR data and can pinpoint locations containing high lithium. This technology creates a way to find lithium before investing in costly exploration with intensive labor, and where it may result in environmental destruction and civil conflicts.
In the United States, the Department of Energy published its National Blueprint for Lithium Batteries, which makes sourcing lithium inside the U.S. a priority through the year 2030 because this mineral is often unavailable to meet the needs of the manufacturing industry. Lithium is essential in the transportation, semiconductor, microchip, cell phone, and any industry where a battery is used. Last week, the CHIPS and Science Act of 2022 was enacted, further bolstering these initiatives.
"Lithium is the wonder metal at the heart of the global desire to move to cleaner energy with reduced carbon emissions, but the demand exceeds the supply. This causes an almost 500 percent increase in lithium prices and harms the effort to stop global warming," said Lauren Guy, the founder and chief technology officer of ASTERRA. "Global demand for lithium is insatiable, and the supply crisis is present and significant. ASTERRA can now focus the efforts of companies to mine the metal in a much more efficient and accurate way."
In a report by energystoragenews.com, Bloomberg ranked China the top supplier of lithium ion batteries. Since China is the dominant source for lithium, ongoing political conflicts cause supply chain disruptions which have a serious negative global impact. One industry impeded by this is the automotive industry.
On its website, Volkswagen notes, "Electric cars are significant contributors to climate protection – but the mining of lithium for the batteries is often criticized." Nevertheless, one challenge the manufacturer faces is their critical need for the mineral. "An important growth driver is its use in the batteries of electric vehicles. However, lithium is also used in the batteries of laptops and cell phones, as well as in the glass and ceramics industry," the site also states.
ASTERRA's satellite based PolSAR technology is already proven as a solution to find underwater leaks in the water utility industry (winning the AWWA Innovation Award in 2021), and also provides soil moisture data to mining operations. Because it provides intelligence regardless of weather conditions, time of day, and penetrates the ground and obstructions including pavement, trees, and soil, it is an efficient solution for underground monitoring.
ABOUT ASTERRA
ASTERRA (formerly Utilis) provides geospatial data-driven platform solutions for water utilities, government agencies, and the greater infrastructure industry in the areas of roads, rails, dams, and mines. ASTERRA products and services use Polarimetric Synthetic Aperture Radar (PolSAR) data from satellites and turn this data into large-scale decision support tools. The company's proprietary algorithms and highly educated scientists and engineers are the keys to their mission, to become humanity's eyes on the Earth. ASTERRA is investing in artificial intelligence (AI) to bring its products to the next level. Since 2017, ASTERRA technology has been used in over 64 countries, saving over 210,830 million gallons of potable water, reducing carbon dioxide emissions by 134,930 metric tons, and saving 527,070 MWH of energy, all in support of United Nations Sustainable Development Goals. ASTERRA is headquartered in Israel with offices in the United States, United Kingdom, and Japan. Their innovative data solutions are used in multiple verticals around the globe. For more information on ASTERRA and to learn more about their technology, visit https://asterra.io.
View the video on our website here.
Media Contact
Karen Dubey
Corporate Marketing Director
Email Contact
(858) 798-6709
View original content to download multimedia:
https://www.prnewswire.com/news-releases/asterras-new-satellite-based-polsar-technology-uses-ai-for-eco-friendly-exploration-of-lithium-301605465.html
SOURCE ASTERRA
| Contact: |
| Company Name: ASTERRA
|
