Allison Beck is a reporter based in Philadelphia and joined the Forbes team as part of the Summer 2024 Editorial Internship cohort.
Privateer, which was cofounded by Apple and NASA vets, wants to make satellite data as ubiquitous as GPS applications with a software platform providing insights on natural disasters, logistics planning and even pirates.Privateer cofounders Dr. Moriba Jah, Steve Wozniak and Alex Fielding started the company with a question: What if satellite data could be as ubiquitous as GPS?August 2023, wildfires devastated the Hawaiian island of Maui, killing over 100 people.
“I now understand much better what happens pre- and post-disaster,” he said. “And what it means to have better intelligence. You can really help people.” Fielding has been in and out of the space industry for decades, with stints as one of the original engineers working on Apple’s first iMac, a founder of several space-related software companies, a contractor at NASA, and other work across the computing and business sectors. But when he got the idea for Privateer, he was working on an early precursor to products like the AirTag with Apple cofounder Steve Wozniak.
In addition to Wayfinder, Privateer’s Terrascope platform provides its customers with a few key capabilities: importing and exporting data; tasking and even maneuvering satellites to collect specific data; and providing both raw data and analysis to the people who need it. The company takes a cut of each sale of data from the satellite owners to its customers.
Privateer also recently won a contract worth up to $2 million with the U.S. government’s National Geospatial Intelligence Agency to develop tools to surevil the Indo-Pacific, keeping an eye on illegal fishing and other activities in the area. Despite the competition, there’s no big winner in the market yet. “One of the big challenges for the remote sensing industry has been making the data affordable enough and user-friendly enough to see wide-scale adoption,” says Caleb Henry, an analyst at Quilty Space. “Satellite imagery has historically been too expensive, and once you get out of the optical domain, incredibly complicated to work with.
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