Orbital Micro Systems (OMS) has announced that the company’s Board of Directors has agreed to spin out the firm’s Earth Observation (EO) data business.
The new corporation, Weather Stream, will be responsible for managing the current data infrastructure, and for marketing analysis-ready data to enterprise, government, and institutional customers worldwide.
Weather Stream will be headquartered in Edinburgh, Scotland. The company will take over OMS’ ownership stake in the International Centre for Earth Data (ICED), an industry-renowned platform for gathering, synthesizing, and delivering exceptionally precise weather data to government and enterprise customers.
The company will continue to have proprietary access to the unique weather observation data collected by OMS’ fleet of earth observation satellites. Weather Stream will also assume the team of scientists and engineers that currently work on the ICED platform. In addition, Weather Stream will take control of the Global Earth Observation Centre of Excellence facility OMS is developing in India.
William Hosack, former CEO at Orbital Micro Systems, will serve in the same capacity with Weather Stream. Other Weather Stream executives include David Gallaher as COO and Richard McAllister as CIO. OMS Founder and CTO Michael Hurowitz has been elevated to CEO of that organization.
“I am grateful to the OMS Board of Directors, and its incredibly talented staff for building a solid foundation that will allow Weather Stream to flourish in the years ahead,” said Hosack. “Our company is eager to begin our journey to deliver weather information that is not just impactful and relevant, but can help improve the lives of hundreds of millions of people around the world. While we recognize that there is a lot of work ahead, we are confident that our combination of experience, ingenuity, and powerful technology will help Weather Stream fulfill its mission.”
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