Energy Aspects Announces Acquisition Of Paris-Based Kayrros

The acquisition supports Energy Aspects’ growth strategy and will expand its capabilities in data and analytics. By combining Energy Aspects’ market expertise with Kayrros’ advanced satellite monitoring and analytics technology the combined group aims to strengthen its position as a leading provider of energy market intelligence.

Kayrros’ expertise in proprietary geospatial data and machine learning will enhance Energy Aspects’ offering, enabling clients to access more timely and actionable insights across the energy value chain.

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Fredrik Fosse, CEO of Energy Aspects, said: “The future of energy market intelligence will be shaped by data, technology and advanced analytics. Bringing Kayrros into Energy Aspects allows us to combine our deep market expertise with world-leading satellite and geospatial data capabilities.

Together we will accelerate innovation and deliver a new generation of data-driven insights to clients across energy and financial markets.”

Earth-observation capabilities have become increasingly valuable during periods of geopolitical uncertainty including recent developments in the Middle East where rapid and unbiased geospatial data plays a crucial role in accurate market analysis.

Following completion of the deal, the combined group will offer clients in the energy and financial markets a broader portfolio of proprietary data and technology-led intelligence solutions.

According to Antoine Rostand, President and Co-founder of Kayrros, joining forces with Energy Aspects marks the start of a decisive new chapter for Kayrros. "We share a firm belief that better data makes for better decisions, and together we will move faster to provide more exact, more actionable energy intelligence.

This will greatly improve our ability to innovate at speed and redefine what clients can expect from energy data and intelligence.”

About Energy Aspects

Energy Aspects is a leading independent data and intelligence company specialising in global energy and commodities markets. Founded in 2012, the company provides real-time market insights, analytics, and data solutions that help decision-makers across the energy and financial sectors navigate complex markets and make informed strategic decisions.