As an independent company, Value Space started operations in June 2022. AS Datel is involved in the company as an investor.
Value. Space uses the same technology as Sille. Space, Value. Space has chosen the UK as its base for global expansion.

"Datel is always open to new ideas that grow and develop within the company. We have been delighted to support Value Space with our knowledge and technology to develop and deliver a unique service to insurers. We are excited that we can continue to contribute to the activities of Value Space and we are convinced that they will fulfill their ambition to support insurers, governments, and international organizations around the world," said Urmas Kõlli, chairman of the board of AS Datel.

"The technology we offer allows detecting changes in the infrastructure without performing a physical inspection, which makes monitoring the condition of the infrastructure faster and more cost-effective. This will allow insurers to become more efficient at assessing and protecting infrastructure risks, as well as consider the increasing impacts of climate change. Considering that the global insurance market was worth 844.5 billion dollars in 2020, our technology has great potential to make the insurance market more cost-effective," said Value Space co-founder and strategy manager Reijo Põld.

Infrastructure damage due to the accelerating aging of infrastructure and the increasing impact of climate change is becoming a global problem. National governments and the United Nations have begun to investigate which technological solutions could be used to solve this challenge. Value Space wants to be one of the key players in supporting this ambition. The head office of Value. Space is located in Tallinn. ValueSpace cooperates with several global insurance providers, including in the United States, where the company plans to expand its operations.