Orrery.ai aims to spin data into gold

Chipsats

Chipsats like the ones shown here could provide streams of radar data for processing by Orrery.ai’s algorithms. (Photo courtesy of Orrery.ai)

Satellites, sensors, social media and purchasing data provide terabytes’ worth of information about how the global economy is working — and the insights gleaned from that data can be more precious than gold.

But what’s the best way to extract the gold from the dross? That’s where longtime space entrepreneur Dick Rocket intends to step in with a stealthy venture called Orrery.ai.

“There’s a gap between the data analysis firms and the financial sector,” Rocket told GeekWire this week. “That is our gap.”

Rocket launched Orrery.ai about a year ago, with backing from angel investors, but he and a small executive team are just now ramping up a more ambitious private funding campaign. They’re also mulling over where to put their headquarters. (The Seattle area is in the mix, along with sites in Florida, Texas, New York and Georgia.)

Get the full story on GeekWire.

About Alan Boyle

Award-winning science writer, creator of Cosmic Log, author of "The Case for Pluto: How a Little Planet Made a Big Difference," president of the Council for the Advancement of Science Writing. Check out "About Alan Boyle" for more fun facts.
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