SATLANTIS AND ENCINO ENVIRONMENTAL SERVICES ANNOUNCE ONE OF THE LARGEST COMMERCIAL CONTRACTS FOR SATELLITE-BASED METHANE DETECTION AND SUCCESSFUL LAUNCH OF SECOND METHANE SATELLITE

• Encino acquires all data from orbits covering North America from SATLANTIS' GEISAT to provide to North & South American clients in one of the largest commercial contracts for satellite-based methane emissions monitoring.
  
  
• SATLANTIS successfully launches HORACIO, its sixth successful mission and second satellite capable of methane detection.

GAINESVILLE, Fla., April 8, 2024 /PRNewswire/ -- SATLANTIS and a subsidiary of Encino Environmental Services ("Encino"), leaders in methane leak detection & quantification, have furthered their groundbreaking partnership by sealing one of the largest contracts within the SmallSat industry. This alliance aims to monitor infrastructure for high resolution visual applications and methane emission detection through satellite technology.

Under the agreement, Encino has acquired exclusive rights to data from all orbits that cover North America and parts of South America from the SATLANTIS GEISAT-Precursor ("GEISAT") satellite, which was launched in June 2023, to monitor customer assets across various sectors including oil & gas, biogas, landfills, power infrastructure and for broad visual data needs. It involves processing the retrieved imagery, delivering high-resolution visual imagery, and reporting any potential observed emission events to Encino customers.

"The SATLANTIS solution for high-resolution visual monitoring combined with methane detection is extremely unique," said Scott McCurdy, Chief Executive Officer of Encino Environmental Services. "The customer response we've had to the technology has been great and we are excited to further our partnership with SATLANTIS and control the American orbits to provide insights for our customers. Having the ability to provide high revisitation monitoring from the satellite, continuous monitoring through our optical ground solutions, and field services with a multitude of handheld devices allows Encino to provide our customers with a full suite of solutions that are highly actionable and can demonstrate high return on investment from additional product available for sale, reduced waste emissions charges and fines, and reduced risk of reputational damage. In addition, many companies have joined global initiatives such as OGMP 2.0, and this will provide another tool for those efforts."

The announcement of this agreement has been followed closely by the confirmation of the successful launch of GEISAT's twin system HORACIO on March 4, 2024 from the Vandenberg Space Force Base in California. This accomplishment completes the third satellite placed in orbit by SATLANTIS as part of SpaceX's Transporter-10 program, and the sixth mission in space that the company has under its belt now. This system has ride shared together with MethaneSAT, an emissions satellite sponsored by the Environmental Defense Fund (EDF). Under a $90M project, this 660-pound satellite aims to monitor methane emissions globally at a 100-meter resolution, compared to the less than 45-pound weight satellite with 13-meter resolution imagery (in the methane detection band) that GEISAT is capable of capturing.

The technology developed by SATLANTIS enables upstream producers and midstream oil and gas companies to enhance their emissions reporting capabilities and accuracy. This satellite will allow clients to identify leaks that might not be seen otherwise or are not frequently monitored as they can see a wider area than traditional methods such as plane or drone flyovers. As an example, using this satellite technology, SATLANTIS can accurately scan and map approximately 10,000 miles of pipeline in under ten minutes of total combined scanning time, something unachievable with traditional satellite technology. This is due to the satellite's ability to scan sideways, which not only offers unprecedented maneuvering capabilities and advanced monitoring strategies but also improves the revisitation frequency on those assets, making it up to ten times more efficient than average satellite systems.

Additionally, SATLANTIS satellites and cameras effectively combine visible and near infrared data (VNIR), and short-wave infrared data (SWIR) to be used in a variety of applications. The SATLANTIS iSIM-90 camera, which is the telescope included within the GEISAT satellite, boasts a spatial resolution of 2 meters in the visible and near-infrared bands and 13 meters for methane detection bands. This doubles the spatial resolution that other similar satellites have to offer. The major upside to these features is that SATLANTIS' cameras can identify pipelines, see point-source emissions that are otherwise invisible to alternative space sensors, and surveil job sites for security, with unprecedented detail. Not only can this technology enhance and complement methane regulatory monitoring efforts, but it can also contribute to reducing safety risks, providing frequent visual monitoring for encroachments and vegetation health, and decreasing personnel costs.

"We thank Encino for their confidence in SATLANTIS and commitment to our mission. Their strategic investment since 2022 has helped develop this technology jointly and culminated in one of the largest single contracts for methane monitoring announced today. We are ready to jointly serve the American industry with the best technology available today," said Juan Tomás Hernani, CEO of SATLANTIS.

About SATLANTIS
SATLANTIS, with its companies based in Florida (SATLANTIS LLC), Spain (SATLANTIS Microsats), the UK (Supersharp) and France, is the leading global provider of advanced Earth Observation missions for long linear infrastructures, for complex detections that require sets of simultaneous technologies with visible, infrared, polarimetry and video, in a framework of large ground precision and resolution. A team of artificial intelligence (AI) experts working in the HYPERGATOR supercomputer at the University of Florida is producing unrivaled performances for the Defense, Environment, and Agriculture sectors. SATLANTIS counts with the successful completion of its sixth consecutive flight, achieving a remarkable 100% success rate. Learn more at https://satlantis.com/.

About Encino Environmental Services
Formed in 2010 and headquartered in Houston, Texas, Encino Environmental Services, LLC provides comprehensive emissions monitoring and mitigation solutions to Energy companies with a focus on Oil and Gas and Biogas markets. The Company delivers environmental performance solutions customized to each client's individual needs and environmental performance goals. Encino's comprehensive lineup of services includes emissions performance testing, stack testing, LDAR (leak detection and repair), CEMS (continuous emissions monitoring systems), methane monitoring via SATLANTIS micro satellites and advanced environmental data software. Our solutions help ensure regulatory compliance and ESG strategies and objectives. The Company operates across the U.S. covering all major oil and gas basins and select international markets. Additional information can be found at www.encinoenviron.com.

CONTACT INFORMATION

Aitor Moriñigo
Chief Executive Officer at SATLANTIS LLC (USA)
[email protected]

SATLANTIS (SPAIN) Communications Department
Sarah Luise - [email protected]
Patricia Lasuen - [email protected]

Scott McCurdy
Chief Executive Officer at Encino Environmental Services, LLC
[email protected]

SOURCE Satlantis LLC