The development of learning-based hyperspectral image (HSI) compression models has recently attracted significant interest. Existing models predominantly utilize convolutional filters, which capture only local dependencies. Furthermore, they often incur high training costs and exhibit substantial computational complexity. To address these limitations, in this paper we propose Hyperspectral Compression Transformer (HyCoT) that is a transformer-based autoencoder for pixelwise HSI compression. Additionally, we introduce an efficient training strategy to accelerate the training process. Experimental results on the HySpecNet-11k dataset demonstrate that HyCoT surpasses the state-of-the-art across various compression ratios by over 1 dB with significantly reduced computational requirements. Our code and pre-trained weights are publicly available at https://git.tu-berlin.de/rsim/hycot .
