Near Space Labs, a Brooklyn-based startup, is poised to revolutionize the insurance industry with its "Swifts"—AI-powered cameras attached to weather balloons that fly at stratospheric levels. These balloons offer high-resolution imagery across vast areas, capturing data more efficiently than traditional methods. With the ability to assess storm damage within hours, insurers can process claims faster, reducing the time from weeks to days. Insurers like Swiss Re are already using the technology to better understand and price risk. Near Space Labs has raised $24 million and plans to scale its disaster response capabilities by next year.