University College London
The Royal Society Industrial fellowship has allowed Prof. Maslin to focus on developing the spin out company called Rezatec Limited that he co-founded in 2012. Rezatec is based in the Electron Building in Harwell, Oxfordshire. Rezatec aims to solve global business problems concerning the environment through scientific analysis of satellite and ground data. Rezatec Earth Information Products and Analytics support complex business decision-making for organisations across many different markets including financial services, energy, water, agribusiness, forest management and the UN REDD+ agenda. Rezatec Ltd raised an additional £1M of investment in the last 6 months and over the next 12 months will expand the staff from 13 to 26 and aims to double turnover every year for the next 5 years.
Rezatec has three main principles which underlie all their solutions
1. Cost effective solutions: Rezatec brings down the cost of collecting, converting, assimilating, analyzing earth observation and ground data.
2. Big Data analysis: Rezatec is tackling the challenges of collecting, converting, storing, cataloguing, sharing, analyzing and visualizing big data.
3. Scientific validation: Rezatec uses cutting edge science which has been independently verified as the bases of all its data products and services reducing of error and uncertainty.
In the last year Rezatec Ltd has been funded by European Space Agency, Innovate UK, NERC, and Climate KIC, EU Horizon 2020 and has a large diverse portfolio of clients including Eden Project, Drax, British Sugar, Shell, Global Witness, Ecover, 8 Major UK water companies and collaborates with UCL, Reading University, Edinburgh University and Imperial College.