(Near Space Labs “Swifty” balloon-borne craft. Source: Near Space Labs.)

Near Space Labs (Brooklyn, N.Y.), a provider of high-resolution, high-frequency imagery collected by balloon-borne robotic platforms operating in the stratosphere, has announced a partnership with Tensorflight (New York), a global artificial intelligence and imaging-based InsurTech providing automated property inspection.

The partnership will provide Tensorflight with Near Space Labs’ imagery, which a company says allows clear visualization of property details such as roof type, missing shingles, and water damages. “With data updates every 90-days, we are helping continuously improve Tensorflight’s AI and Computer Vision models in order to provide the most accurate risk analyses for customers,” the Near Space Labs statement says.

Near Space Labs reports that its expanded coverage also enables Tensorflight to offer additional property analytics on a wider range of locations including urban, suburban, and rural areas across the U.S.

“We’re excited to partner with Tensorflight to provide insurers with the highest quality geospatial intelligence imaginable to inform critical decision making and better help carriers reduce losses, increase competitiveness, and support customers,” comments Matthew Tucker, VP, Sales, Near Space Labs. “Our partnership takes an innovative approach to capturing and analyzing data, uncovering new ways to solve problems.”

Allowing Delivery of New, Highly Accurate Products

“Our cooperation with Near Space Labs allowed delivery of new, highly accurate products which would otherwise be impossible to create. I’m excited to see how stratospheric balloons are disturbing the aerial imagery market and creating new opportunities for companies like Tensorflight,” comment Władysław Surała, Head of Partnerships, Tensorflight.

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