The oil spill off the coast of Mauritius in August demonstrated how satellite-based, synthetic aperture radar (SAR) can be used to assist clean-up efforts.

Ursa Space’s team of SAR experts began analyzing imagery shortly after the bulk carrier MV Wakashio struck a coral reef on July 25.

Recent upheaval in global financial markets has showcased the uncertainty that still exists over when economies will return to normal.

In last week’s blog, we examined Ursa Space data for insights, focusing on crude oil inventory measurements and automobile manufacturing activity indices.

This past week’s sharp sell-off across global financial markets revealed deep concerns over the global economy as long as the coronavirus remains a threat.

Bad news about clinical trials for an experimental COVID-19 vaccine caused investors to recalibrate expectations over when economies might return to pre-coronavirus levels.

Hopes that such a discovery could be found quickly fueled a remarkable rally in the stock market since hitting a bottom in March (Figure 1).

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The tragic oil spill caused by the bulk carrier MV Wakashio off the coast of Mauritius illustrates how satellite imagery and data analysis can be used to monitor events as they unfold.

In our last two blogs, we provided information on the size/location of the oil spill and plotted the Wakashio’s ill-fated voyage.

 In last week’s blog, we provided an overview of how Ursa is monitoring the environmental disaster caused by a vessel that ran aground off the coast of Mauritius July 25, leaking tons of oil into the Indian Ocean.

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After a bulk carrier began spilling tons of oil near the southeast coast of Mauritius, creating an environmental disaster in the pristine waters of the Indian Ocean, crews worked to transfer the remaining fuel onboard and prevent further damage.

On August 12, Prime Minister Pravind Jugnauth said almost all the oil had been pumped out, nearly a week after the vessel began leaking.

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Project Geospatial and Ursa organized the 2020 Sensor Showdown, a number of live-streamed panels featuring experts in space, technology, data analytics, and more, as part of the Geospatial Frontier Virtual Technology Fair.