Kayrros Explained

Kayrros is an environmental intelligence company founded in 2016.[1]

Kayrros tracks methane and carbon dioxide emissions, analyses carbon sinks and assesses the risk of wildfires, landslides, floods and other climate events. It also monitors the fuel mix and the progress of the green transition, evaluating the fossil fuel supply chain and facilitating the introduction of renewable energy sources, such as solar.[2] The company uses public and private data, including satellite imagery from the European Space Agency's Copernicus satellites[3] [4]

History

Kayrros was founded in 2016 by energy industry leaders and scholars Antoine Rostand, Antoine Halff, Laurent El Ghaoui, Alexandre D'Aspremont and Jean Michel Lasry.[5] Headquartered in Paris, the company has regional hubs in London, New York, Houston, Bangalore and Singapore.[6]

Kayrros uses satellite observations and AI to automate the measuring of organisational, regional and global methane emissions. The United Nations Environment Programme's International Methane Emissions Observatory and The International Energy Agency use data supplied by Kayrros.[7] [8] [9]

In 2021, Kayrros attended COP26 on behalf of France to demonstrate their technological advances in the field of earth observation. The same year, Kayrros data and analysis were part of the first reports showing that Russia's official estimates of oil and gas-related methane emissions were grossly inaccurate.[10] [11] [12]

In February 2022, French President Emmanuel Macron praised Kayrros' work with Copernicus in detecting gas emissions and publishing reported discrepancies that other countries were unable to detect.[13] The same month, Kayrros' data was used in the first statistical characterisation of methane ultra-emitters from oil and gas.[14] [15]

In March 2022, Kayrros raised €40 million from investors including the French public investment bank Bpifrance, BNP Paribas, NewSpace Capital and the European Investment Bank,[16] [17] taking the total the company has raised since 2016 to €72m.[18]

In May 2022, during the Russian invasion of Ukraine, Kayrros reported that Ukraine's wheat harvest could fall by 35%.[19] In November 2022, it reported a parade of gas ships sailing from the US to Europe to ease the gas crisis.[20]

In March 2023, Kayrros revealed 1,000 super-emitter sites released methane into the atmosphere in 2022.[21] It reported potent greenhouse gas leaks in Turkmenistan in May 2023.[22]

Kayrros announced a partnership to provide satellite data and insights on the Amazon basin to the global carbon ratings agency BeZero Carbon.[23] The French arm of multinational insurance firm AXA announced the release of a wildfire risk model developed by Kayrros in the summer of 2023.[24]

Award

References

  1. Web site: Ecology . Inside . 2023-08-02 . BeZero Carbon and Kayrros join forces to monitor carbon stocks in the Amazon rainforest . Inside Ecology . en-GB.
  2. Web site: Misbrener . Kelsey . 2022-07-11 . Satellite data shows big solar installation delays in Texas . Solar Power World . en-US.
  3. Web site: Mapping methane emissions on a global scale . www.esa.int . en.
  4. Web site: Satellite data at the heart of COP26 pledge to reduce methane emissions ESA Business Applications . business.esa.int.
  5. Web site: FinSMEs . 2017-01-12 . Kayrros Raises €9M in Series A Funding . FinSMEs . en-US.
  6. Web site: kayrrosadministration . Who are we? . Kayrros . en-US.
  7. News: Methane Tracker 2021 – Analysis . IEA.
  8. Web site: Russell . Laurence . 2023-01-19 . Kayrros to supply UNEP International Methane Emissions Observatory with global detection capacity . 2024-01-10 . Satellite Evolution . en.
  9. Web site: 2023-01-19 . Kayrros to supply UNEP International Methane Emissions Observatory with global detection capacity . 2024-01-10 . Satellite Evolution . en.
  10. News: Russia allows methane leaks at planet's peril . WashingtonPost.com.
  11. Web site: A look back at SCO at COP26 . 2024-01-10 . www.spaceclimateobservatory.org . en.
  12. Web site: Rathi . Akshat . Ainger . John . 2021-11-02 . Why the global methane pledge is a big deal for the climate . 2024-01-11 . The Japan Times . en.
  13. Web site: Déclaration de M. Emmanuel Macron, président de la République, sur le spatial européen, à Toulouse le 16 février 2022. . 2024-01-11 . www.vie-publique.fr.
  14. Web site: Satellite images show biggest methane leaks come from Russia and US . 2024-01-11 . New Scientist . en-US.
  15. Web site: Groundbreaking study in Science provides first statistical characterization of methane ultra-emitters from oil and gas . 2024-01-11 . EurekAlert! . en.
  16. Web site: 2022-03-23 . BNP Paribas joins €40 million funding round in climate data outfit Kayrros . 2024-01-14 . Finextra Research . en.
  17. Web site: Allen . Patricia . 2022-03-22 . French climate tech startup Kayrros raises €40 million to help companies and policymakers achieve sustainability goals . 2024-01-14 . EU-Startups . en-US.
  18. Web site: Turner . Millie . 2022-03-22 . European Investment Bank-backed climate data firm snags £33m in funding . 2023-10-05 . CityAM . en-GB.
  19. News: Harvey . Fiona . Fiona Harvey . Butler . Sarah . 2022-05-06 . Ukraine's wheat harvest may fall by 35%, raising fears of global shortage . 2024-01-11 . The Guardian . en-GB . 0261-3077.
  20. News: Reed . Stanley . 2022-11-16 . A Parade of Tankers Has Eased Europe's Energy Crisis . 2024-01-11 . The New York Times . en-US . 0362-4331.
  21. News: Carrington . Damian . 2023-03-06 . Revealed: 1,000 super-emitting methane leaks risk triggering climate tipping points . 2024-01-14 . The Guardian . en-GB . 0261-3077.
  22. News: Carrington . Damian . 2023-05-09 . 'Mind-boggling' methane emissions from Turkmenistan revealed . 2024-01-14 . The Guardian . en-GB . 0261-3077.
  23. Web site: 2023-08-01 . BeZero Carbon's New Partnership With Kayrros To Enhance Risk Assessment Of Amazon Projects . Carbon Herald.
  24. Web site: 2023-08-02 . Axa lanza en Francia un servicio de prevención de incendios forestales basado en imágenes por satélite . future.inese.es/ . es-ES.
  25. News: 21 June 2023 . TIME100 Most Influential Companies 2023: Kayrros . Time . en.
  26. News: 2022-11-14 . Tech Champions 2022: The winners and the shortlists . 2024-01-14 . Financial Times.
  27. Web site: The 10 most innovative companies in energy and sustainability of 2023 .
  28. Web site: These 13 companies are using AI and data to make the world a better place .
  29. Web site: French Tech 2030 – La French Tech . 2024-01-14 . fr-FR.

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