10031858Innovate Method for Predicting Physical Risk for Crops - on a Global ScaleClosedSmall Business Research InitiativeInnovate UKHeimdal Satellite Technologies (HSAT) is a UK based SME -- focused on data analytics to support traders, banks and insurance companies. Core project team: Rob Weston (project lead), Peter White, (finance and analytics lead ) and Eli Parselia (weather and crop modelling), Shretan Dholakia (trading and risk), Johan Bjorgen (satellite analysis) HSAT is developing a solution for to accurately predict the yield of crops, on a global scale. As the climate changes this impacts the production of crops. As over $1 trillion is traded in crops every day a 20% shift in crop production impacts the financial markets. Banks offering loans to farmers, insurance of crops, and traders buying crops -- are all impacted by the changes in crops -- which then impacts food pricing, inflation and the end consumer. HSAT's is building a global monitoring solution to accurately predict yield of crops, on a scale and precision - not achieved before.