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Ursa Space Systems Expands Partnership with SkyFi to Provide Broader Commodity Insights

Logo of Ursa Space (PRNewsfoto/Ursa Space Systems)

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Ursa Space Systems

Mar 12, 2025, 10:00 ET

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ITHACA, N.Y., March 12, 2025 /PRNewswire/ -- Ursa Space Systems is excited to announce the expansion of its partnership with SkyFi to include iron ore stockpile measurements, in addition to global oil inventories launched jointly six months ago. This enhanced offering provides clients in commodity trading, resource management, and government operations with access to even more actionable data. By integrating Ursa Space's satellite intelligence capabilities with SkyFi's Earth-based data platform, users can now monitor two major commodities – iron ore and crude oil – from a single access point.

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Ursa Space expands partnership with SkyFi
Ursa Space expands partnership with SkyFi

The partnership seeks to supply large-scale monitoring for commodities that are central to production and distribution systems worldwide.

Below is an overview of the two main products offered:

  • Iron Ore Stockpile Measurements [find it here]
    • Weekly updates on stockpile volumes at important shipping hubs, including China —the world's largest importer and consumer of iron ore
    • Measurements unaffected by weather conditions, owing to the use of radar satellite data
    • Historical data dating back to early 2024, delivered with every new weekly report
    • CSV files for consistent integration into workflows that demand large-scale data analysis
  • Rapid Signal Global Oil Inventory Reports [find it here]
    • Delivery of weekly storage volume data for locations in North America, Latin America, the Caribbean, Northwest Europe, the Arab Gulf, and more
    • Data that arrives ahead of certain government releases, helping subscribers position themselves with less guesswork
    • Historical data for each location, allowing for the study of seasonal or policy-driven trends
    • Provided in CSV format, so that data can be used in automated trading systems, spreadsheet models, or proprietary analytics platforms

SkyFi's approach focuses on making Earth intelligence accessible in a straightforward manner. Rather than requiring specialized tools or a background in geospatial systems, users can visit the SkyFi platform, select the commodities they want to follow, and then receive periodic data packages. The aim is to allow organizations to combine these data feeds with their own processes. This can include risk models, supply chain databases, or internal tracking dashboards used by executives and analysts.

Ursa Space develops software that facilitates the integration of satellite and geospatial data into customer workflows. By leveraging the world's most comprehensive virtual constellation of multiple commercial data sources, Ursa Space delivers rapid, meaningful insights at scale.

Market participants are expected to benefit from broader resource tracking, as oil and iron ore play pivotal roles in shaping global economic trends. Signals related to industrial activity are closely tied to commodity demand, providing valuable insights. Commodity traders can leverage this data to assess regional supply-demand balances, enabling strategic trading decisions and the ability to capitalize on arbitrage opportunities. Alternative inventory data sources are often non-existent, outdated, or lack reliability in terms of accuracy

For more information on either service—Rapid Signal Global Oil Inventory Reports or Iron Ore Stockpile Measurements—visit the SkyFi website at SkyFi.com or the Ursa Space Systems website at ursaspace.com.

About SkyFi

SkyFi specializes in bringing Earth-related data to a range of users, from corporate analysts to individual planners. By aggregating various satellite and ground-level data sources, SkyFi provides a centralized environment for investigation of global trends in industries, finance, and governance.

About Ursa Space Systems

Ursa Space Systems offers business and government decision-makers rapid access to advanced multi-modal satellite data and on-demand analytic solutions, detecting real-time changes in the physical world through their satellite network and data fusion expertise. Ursa Space's subscription and custom services provide access to satellite imagery and analytic results without geographic, political, or weather-related limitations.

SOURCE Ursa Space Systems

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