EOS to commence deployment of tracking sensors

EOS Space Systems, a wholly-owned subsidiary of Electro Optic Systems Holdings, will begin the commercial deployment of its advanced space tracking systems later this year, with operation of a significantly expanded capability expected to commence by 2016.

EOS Space first demonstrated the feasibility of its new tracking sensors in 1998, with audited space tracking trials successfully undertaken in 2004.

Since then, in collaboration with its customers, EOS has continually refined and adapted its sensors to meet commercial space data requirements for accurate orbit determination for both satellites and space debris.

This information is required to mitigate the risk of collisions between satellite and space debris, and due to the unstable nature of the orbits and trajectories, must be updated daily.

With over US$500 billion invested in vulnerable space assets, the potential revenue for space data and services is significant.

However the barriers to entry in this market are high because of simultaneous requirements for higher levels of accuracy, greater global coverage and higher data density than has been achieved previously.

In addition, there has until now been no business model that allows incremental investment because a high minimum threshold of volume and quality is normally required before data is commercially useful.

EOS has implemented a long-term strategic plan to overcome these barriers to entry and is now positioned to commence commercial deployment.