Lucius on the Humanitarian Satellite Data Problem

Leo Wang⁠ (https://www.linkedin.com/in/lwang1022/) is founder and CEO of ⁠Lucius⁠ (https://lucius.space/). This is a turnkey solution for satellite constellation operators or imagery resellers to take orders and distribute data. The conversation covered the following topics: 1:14 Introducing Lucius. 1:51 Content creation. 13:13 Imagery sales and marketplaces commentary. 27:13 Platform to store humanitarian satellite data. A key learning is that Lucius charges $USD25,000 a year for their satellite data ordering and distribution platform. Carrying on the point Kevin Bullock made in the episode about ⁠Development Seed (https://youtu.be/MOFS6il0Oj8?si=SkPv5abhwZPgQa79)⁠, a SpaceX launch costs ⁠nearly $USD70,000,000 (https://www.spacex.com/media/Capabilities&Services.pdf)⁠. Here he observed that if just 1% of the cost of those launches were spent on a platform to distribute the data during humanitarian disasters, that would make a strong impact. That is $USD700,000 for a SpaceX launch. Or 28 years to run Lucius. I should start a consulting career! Thanks Leo for contributing to the cause and the appetite for philosophical reflections on how the species uses the power of satellites. THE GEOSPATIAL INDEX The Geospatial Index is a comprehensive listing of all publicly traded geospatial businesses worldwide. Why? The industry is growing at ~5.4% annually (after inflation and after adjusting for base rates). This rate varies significantly, however, by sub index. For ~$400,000 to start, this growth rate is $5,000,000 over a working life. This channel, Bluesky account, newsletter, watchlist and podcast express the view that you are serious about geospatial if you take the view of an investor, venture capitalist or entrepreneur. You are expected to do your own research. This is not a replacement for that. This is not investment advice. Consider it entertainment. NOT THE OPINION OF MY EMPLOYER NOT YOUR FIDUCIARY NOT INVESTMENT ADVICE Bluesky: ⁠https://bsky.app/profile/geospatial.money⁠ LinkedIn: ⁠https://uk.linkedin.com/in/geospatialindex⁠ Watchlist: ⁠⁠https://www.tradingview.com/watchlists/123254792/⁠ Newsletter: ⁠https://www.geospatial.money⁠ Spotify: https://open.spotify.com/show/5gpQUsaWxEBpYCnypEdHFC