Student Publications [Scholarly]

Document Type

Article

Abstract

This short communication synthesizes evidence on how the Ice, Cloud and Land Elevation Satellite-2 (ICESat-2) altimetry data are used by private sector actors and the implications for economic value creation. Using secondary research that collected and summarized information from existing data from reports, journals, websites, and databases, the work identifies 54 companies across 9 sectors leveraging ICESat-2-derived elevation, canopy height, bathymetry, and surface measurements to inform decision-making, risk assessment, and new business models. The analysis situates ICESat-2 within a broader context where freely available Earth observation data can generate substantial private- and public-sector value, potentially exceeding hundreds of billions in aggregate when scaled across industries such as geospatial services, climate management, real estate, and insurance. The paper uses a four-pillar conceptual model to guide valuation of data-driven impacts: Data Utility (intrinsic information value of altimetry and related metrics), Decision Impact (tangible economic benefits from improved models and operations), Strategic Integration (emergence of new business models and market opportunities), and Data Ecosystem Exclusivity (development of proprietary datasets and workflows that enable competitive differentiation). Empirical findings illustrate how these pillars manifest in practice. The paper seeks to connect private-sector uptake to NASA’s Earth Science to Action framework and related capacity-building efforts, highlighting pathways for broader utilization through training, tutorials, and accessible interfaces. Limitations of the study include partial sector coverage and reliance on publicly reported use cases. Future work should quantify economic returns with standardized metrics and extend the dataset to capture dynamic shifts in data products, governance, and IP development within the evolving data ecosystem. © 2026 by the authors.

Publication Title

Remote Sensing

Publication Date

4-2026

Volume

18

Issue

8

ISSN

2072-4292

DOI

10.3390/rs18081114

Keywords

ICESat-2, new business models, private sector, satellite altimetry, value of information

Creative Commons License

Creative Commons Attribution 4.0 International License
This work is licensed under a Creative Commons Attribution 4.0 International License.

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