Airbus Defence and Space will continue to provide access to its radar satellite data to Ursa Space Systems (Ursa), a data fusion and analytics company. The two companies signed a four-year extension to the initial contract signed in 2015.

Under this agreement, Ursa will analyse and fuse radar data with additional information sources to provide unbiased monitoring information to its customers in the energy and financial sectors, as well as for custom monitoring services.

Ursa’s commercial business intelligence portfolio offers global monitoring services across the oil supply chain. Their flagship product, Global Oil Storage Monitoring, delivers weekly data and analysis on 3.6 billion barrels of crude storage in over 150 locations around the world.

Ursa’s customers in energy and finance use this information to make more informed trading decisions, and radar satellite data allows Ursa to deliver these services in a consistent, timely and reliable manner.

Airbus DS is one of several companies supplying radar satellite data to Ursa. Earlier this year, Ursa announced agreements with e-GEOS, a joint venture between Telespazio (80%) and the Italian Space Agency (20%), to use COSMO-SkyMed data; and with ICEYE, a Finnish company that plans to deploy a constellation of mini-satellites equipped with synthetic aperture radar.