VRSK Verisk Analytics Inc

AER Licenses UCAR System to Boost Use of GNSS Satellite Data

AER Licenses UCAR System to Boost Use of GNSS Satellite Data

The resulting information will help companies improve custom forecasts

Lexington, Mass., March 09, 2020 (GLOBE NEWSWIRE) -- Atmospheric and Environmental Research, Inc. (AER), a Verisk business, will license a satellite data processing system from the University Corporation for Atmospheric Research (UCAR), building on UCAR’s commitment to improve weather forecasting. The agreement will enable AER to process satellite data for commercial companies that sell their Earth observation data products to government agencies and other organizations that provide customized environmental information to a range of clients.

Under the agreement, AER will adapt UCAR’s SatDAACâ software system to process observations from satellites that use a method known as Global Navigation Satellite System (GNSS) radio occultation to observe the atmosphere. Those observations can lead to significantly improved weather forecasts.

“AER is excited to embark on this collaboration with UCAR to offer services based upon the proven SatDAAC processing system in a commercial mode to companies operating GNSS radio occultation satellites,” said AER President Guy Seeley. “Our decades of experience serving both government and commercial clients in high-performance satellite remote sensing, combined with our outstanding technical and scientific team, will enable us to rapidly provision state-of-the-art processing capabilities as requirements and methods evolve in this fast-moving new industry.”

“This type of alliance with the private sector is instrumental for adding value to weather forecasting and protecting lives and property,” said UCAR President Antonio Busalacchi. “By transitioning publicly funded research to industry, we are ensuring that the latest scientific advances are leveraged in ways that help society and keep the nation economically competitive.”

From basic research to industry

GNSS radio occultation measures the extent to which the radio signals from GNSS transmitter satellites (including GPS satellites) bend as they propagate through denser regions of the atmosphere.

The measurements can be further processed into information about temperature, pressure, and humidity in the lower atmosphere as well as the electron density in the ionosphere. The technique provides considerable accurate knowledge about a large volume of the atmosphere from near-Earth orbit down to the surface.

NASA’s Jet Propulsion Laboratory was first to use radio occultation to profile the atmospheres of Mars, Venus, and the outer planets starting in the 1960s. UCAR, in collaboration with the Jet Propulsion Laboratory, pioneered the GNSS radio occultation observing technique for Earth’s atmosphere, building on basic research with funding from the National Science Foundation.

In 2006, UCAR began producing the first operational GNSS radio occultation data from a specialized constellation of small satellites known as the Constellation Observing System for Meteorology, Ionosphere, and Climate (COSMIC). The observations from COSMIC led to improved predictions of tropical cyclones and other storms as well as information about space weather and global climate.

A second constellation of small satellites, known as COSMIC-2, was launched this June. It will provide twice as many soundings of the atmosphere with higher quality than COSMIC.

Now that the technology has been successfully demonstrated, additional satellites with GNSS radio occultation technology are being launched.

“This technology has moved quickly from being a research concept to providing vital information to forecasters,” said Ying-Hwa “Bill” Kuo. “The original investment in basic research is generating substantial benefits for society.”

Lead GNSS radio occultation researcher at AER Dr. Stephen Leroy said, “Earth radio occultation has a nearly 30-year history and has been a revolutionary force in numerical weather prediction and climate science in that time; and now with the commercialization of RO [radio occultation] data, we are looking forward to an explosion in RO data volume. I am really excited that we are performing the operational processing of this new data stream and expanding its scope and utility.”

The UCAR-AER agreement will likely lead to further advances in GNSS radio occultation technology, according to Bill Schreiner, director of the UCAR COSMIC Program.

“By transferring technology to the private sector, AER can take it to the next level in terms of distributing the data and finding new applications that help society,” he said. “This agreement will leverage SatDAAC’s advanced capabilities to develop new products for use by the environmental observing and prediction communities and will help us continue to innovate.”

At least three commercial enterprises are currently developing and deploying nanosatellites and microsatellites that perform GNSS radio occultation—Spire, GeoOptics, and PlanetiQ—as well as several international space agencies.

AER works with governments and businesses worldwide to advance understanding of climate- and weather-related risks. The company develops analytical tools to help measure and observe the properties of the environment and translate those measurements into actionable information.

UCAR is a nonprofit consortium of 120 colleges and universities focused on research and training in the atmospheric and related sciences.

About Atmospheric and Environmental Research (AER)

Atmospheric and Environmental Research (AER) provides science-based solutions to global environmental challenges. AER’s internationally renowned scientists and software engineers collaborate to transform state-of-the-art predictive science and analytical tools into practical systems that address both civilian government and defense needs for geophysical understanding, computer simulation, and forecasting. AER customers include government agencies and national laboratories, aerospace and defense contractors, and academia. Areas of expertise comprise atmospheric and environmental science, air quality, remote sensing, meteorology, oceanography, space science, climate change, and software engineering. A Verisk (Nasdaq:VRSK) business, AER was established in 1977 and is headquartered in Lexington, Massachusetts. Visit .



Contact:
Brett Garrison
Edelman (for AER)
917-639-4903
 
EN
09/03/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Verisk Analytics Inc

Verisk Analytics Inc: 2 directors

Two Directors at Verisk Analytics Inc sold 2,500 shares at between 268.000USD and 268.005USD. The significance rating of the trade was 60/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors ove...

 PRESS RELEASE

Verisk Analytics, Inc. Prices Offering of Senior Notes

Verisk Analytics, Inc. Prices Offering of Senior Notes JERSEY CITY, N.J., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Verisk Analytics, Inc. (Nasdaq: VRSK) (“Verisk” or the “Company”), a leading global data analytics and technology provider, today announced the pricing of an offering of $750 million of 4.500% Senior Notes due 2030 (the “2030 Notes”) and $750 million of 5.125% Senior Notes due 2036 (the “2036 Notes” and, together with the 2030 Notes, the “Notes”). The closing of the offering is expected to occur on August 21, 2025, subject to satisfaction of customary closing conditions. The Compan...

Moody's Ratings affirms Verisk's Baa1 senior unsecured rating followin...

Moody's Ratings (Moody's) affirmed Verisk Analytics, Inc.'s ("Verisk") long-term senior unsecured rating at Baa1. The outlook remains stable. The ratings action is based on our expectation that the recently announced debt funded acquisition of AccuLynx, a cloud-based business management system for r...

 PRESS RELEASE

Verisk Reports Second-Quarter 2025 Financial Results

Verisk Reports Second-Quarter 2025 Financial Results Second quarter revenue of $773 million, up 7.8%, and up 7.9% on an organic constant currency (OCC) basis.Net income of $253 million, down 17.7% due to gains recognized in the prior year.Adjusted EBITDA, a non-GAAP measure, of $445 million, up 11.9%, and up 9.7% on an OCC basis.Diluted GAAP earnings per share of $1.81, down 15.8%.Diluted adjusted EPS, a non-GAAP measure, of $1.88, up 8.0%.Acquired SuranceBay on July 17, 2025 for $163 million.Signed a definitive agreement to acquire AccuLynx for $2.35 billion. JERSEY CITY, N.J., July 30, ...

 PRESS RELEASE

Verisk Signs Definitive Agreement to Acquire AccuLynx

Verisk Signs Definitive Agreement to Acquire AccuLynx Acquisition to expand, enhance and strengthen network capabilities across the insurance claims and restoration ecosystem Jersey City, N.J., July 30, 2025 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider to the global insurance industry, has entered into a definitive agreement to acquire AccuLynx for $2.35 billion in cash to augment its network capabilities across the insurance claims and restoration ecosystem. AccuLynx is the leading SaaS platform providing end-to-end business manage...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch