EOS Space Systems will start commercially deploying its advanced space tracking systems
later in 2014.
The company is a wholly-owned subsidiary of Australian company Electro Optic Systems Holdings. It first demonstrated the feasibility of its new tracking sensors in 1998. In 2004, the technology went through audited space tracking trials successfully.
Since then, EOS has continually refined and adapted its sensors to meet commercial space data requirements, with the tracking sensors used to accurately determine the orbit for both satellites and space debris.
This information is key to helping avoid collisions between satellites and space debris. Because the orbits and trajectories of many of these items are unstable, they need to 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.
EOS says it now has the sensor technology, unique test and calibration site, key initial contracts, global partner network, proprietary business plan, market momentum and the customer confidence to commence a prudent deployment of capital assets for the acquisition of space data and the delivery of space services.
EOS also claims to have enough resources to allow it to develop a new sensor site in a remote Australian location, including site preparation, utilities access, construction of laboratories and operating facilities, sensor enclosures, data communications and security, and some additional sensors. This new site will be developed in 2014, becoming operational in early 2016.