The start-up I work for is planning to capture remote sensing imagery from cameras on-board our stratospheric balloons. We would like to be able to georeference the images we capture.
If it is possible to accomplish this knowing the GPS, bearing and altitude of our balloons (and the camera specs), what is the formula to calculate it?
From my research it seems like georeferencing is typically done with control points, but this is difficult for us to do as the images we will capturing are typically of forests and oceans.
How do satellites handle this problem?