(News Bulletin 247) – Planet today announced the extension of its strategic partnership with AXA Climate, a company that provides advisory services to the agribusiness, industrial, financial and public sectors to help them successfully adapt to the climate change.
Planet owns and operates the largest fleet of Earth observation satellites in history, with approximately 200 satellites currently in orbit.
The extension aims to offer continuous information based on satellite data for the development of insurance products that help protect farmers against the effects of drought.
AXA Climate offers unique drought insurance services that assess crop yield and losses.
‘Thanks to Planet’s unique satellite data, AXA Climate has been able to provide a high quality index insurance coverage service for farmers and cooperatives. We can now act quickly to help farmers combat the major threat that drought poses to agriculture worldwide,” said Antoine Denoix, CEO of AXA Climate.
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