The Satellites Streamlining Global Trade

The video discusses the challenges and advancements in global shipping tracking, highlighting Exact Earth's satellite-based system that monitors vessel movements worldwide. It provides insights into the economic impact of maritime data, its applications beyond shipping, and the future potential of autonomous fleets. The system enhances efficiency, supports various sectors, and aims to revolutionize seaborne trade.

What is the primary function of Exact Earth's satellite network?

• To monitor and track commercial vessels

• To facilitate global communication

• To provide internet services globally

• To predict weather patterns

How many satellites does Exact Earth plan to operate by the end of 2017?

• 67

• 150

• 200

• 9

What is the expected growth of the maritime information market?

• $1.5 billion

• $500 million

• $800 million

• $1 billion

Which of the following is NOT an application of satellite AIS technology mentioned in the transcript?

• National defense

• Search and rescue

• Space exploration

• Financial markets

What future development is anticipated for the shipping industry according to the transcript?

• Increased human involvement in navigation

• Development of autonomous fleets

• Reduction in global trade

• Decrease in satellite usage