The latest successful satellite deployment
strengthens the Earth observation capabilities for ICEYE's
customers and includes the first ICEYE satellite mission for
Bayanat and Yahsat.
HELSINKI, Aug. 16,
2024 /PRNewswire/ -- ICEYE, the global leader in
synthetic aperture radar (SAR) satellite operations for Earth
Observation, persistent monitoring, and natural catastrophe
solutions, has successfully launched four new SAR satellites on
August 16, 2024. The new satellites further expand the
world's largest SAR constellation, owned and operated by ICEYE. The
satellites were integrated via Exolaunch and successfully lifted
off aboard the Transporter-11 Rideshare mission with Space X from
Vandenberg Space Force Base in
California, USA. Each spacecraft
has established communication, and early routine operations are
underway.
The satellites serve both ICEYE's commercial and dedicated
customer missions and were manufactured by ICEYE in Finland and ICEYE US in the United States. The satellites include the
first ICEYE satellite launch for Bayanat (a leading provider of
AI-powered geospatial solutions) and Al Yah Satellite
Communications Company PJSC (Yahsat – the UAE's flagship satellite
solutions provider) for their earlier announced Earth Observation
Space Program.
"With frequent and steady deployment of new satellites into the
ICEYE constellation, we are making progress towards our vision of
improving life on Earth by becoming the global source of truth in
Earth Observation. The powerful and capable satellite constellation
ensures fulfilling our commitments to working as a trusted partner
with a growing number of governments and commercial industries to
deliver timely, accurate, and actionable insights for faster and
better decision-making. We are proud to launch the first ICEYE
satellite for our customer Bayanat and Yahsat and look forward to
continued successful cooperation on their missions", said
Rafal Modrzewski, CEO and
Co-Founder of ICEYE.
Hasan Al Hosani, Managing
Director of Bayanat, said: "The launch of our first
satellite marks a highly anticipated milestone for both our
collaborative efforts and for the UAE. This is a triumphant moment
for Bayanat and a defining step toward our future as Space42.
Inaugurating our Earth Observation capabilities, including the
debut of our SAR satellite constellation, will further strengthen
our position as a leader in AI-powered geospatial analytics. Our
ongoing partnership with ICEYE, building on our shared ambition
with Yahsat, continues to prove invaluable, enabling us to leverage
space insights for informed decision-making on Earth."
Ali Al Hashemi, Group CEO of
Yahsat, said: "The successful launch of our SAR satellite is a
testament to the synergies between Bayanat and Yahsat as we press
ahead with the anticipated merger to form Space42. The SAR
satellite constellation to be launched over the next 3 years will
enable us to expand as a multi-orbit satellite operator,
encompassing Geostationary Orbit and Low Earth Orbit satellites
while also developing satellite manufacturing capabilities in the
UAE. This significant step also solidifies our extensive experience
and reaffirms our place as pioneers in the UAE's space sector and a
significant player in the global SpaceTech industry."
"We are pleased to add more next generation, U.S.-manufactured
satellite capacity to the constellation. This further strengthens
our capabilities to serve our customers with actionable data and
insights", said Eric Jensen,
CEO of ICEYE US.
ICEYE operates the world's largest constellation of SAR
satellites. These satellites can image any location on the Earth's
surface in any environmental condition, day or night. SAR data
provides precise insights for ICEYE's government and commercial
customers in near real-time.
ICEYE plans to launch up to 13 new satellites in 2024, and 10-15
new satellites annually in 2025 and beyond for its constellation
and customers. The previous launch in March
2024 successfully deployed three new satellites into the
constellation, and in 2023 ICEYE successfully launched 10 new
satellites.
Image: SpaceX/Exolaunch
About ICEYE
ICEYE delivers unparalleled persistent monitoring capabilities
to detect and respond to changes in any location on Earth, faster
and more accurately than ever before.
Owning the world's largest synthetic aperture radar (SAR)
satellite constellation, ICEYE provides objective, near real-time
insights, ensuring that customers have unmatched access to
actionable data, day or night, even in challenging environmental
conditions. As a trusted partner to governments and commercial
industries, ICEYE delivers intelligence in sectors such as
insurance, natural catastrophe response and recovery, security,
maritime monitoring, and finance, enabling decision-making that
contributes to community resilience and sustainable
development.
ICEYE operates internationally with offices in Finland, Poland, Spain, the UK, and the US. We have more than
700 employees, inspired by the shared vision of improving life on
Earth by becoming the global source of truth in Earth
Observation.
Media contact: press@iceye.fi
Visit www.iceye.com and follow ICEYE on LinkedIn and
X for the latest updates and insights.
About Bayanat
Bayanat AI PLC, an ADX-listed public
company whose majority shareholder is G42, provides comprehensive
world-class AI-powered geospatial solutions to a growing number of
sectors such as Government Services, Environment, Energy &
Resources, Smart Cities and Transportation. Its offering includes
topographic, hydrographic, and aeronautical products and charts, as
well as spatial data surveying, analysis, management, modeling,
visualization, and cartography services. Bayanat's solutions
harness vast amounts of premium and unique data from a range of
sources including Satellites, High Altitude Pseudo Satellites
(HAPS) and Earth Observation powered by AI to drive geospatial
intelligence (gIQ).
About Yahsat
Al Yah Satellite Communications Company
PJSC (Yahsat) is a public company listed on the Abu Dhabi
Securities Exchange (ADX) and a subsidiary of Mubadala Investment
Company PJSC, offering multi-mission satellite solutions in more
than 150 countries across Europe,
the Middle East, Africa, South
America, Asia and
Australasia.
Yahsat's fleet of 5 satellites reaches more than 80% of the
world's population, enabling critical communications including
broadband, broadcasting, backhauling and mobility solutions. Based
out of Abu Dhabi in the UAE,
Yahsat provides C, Ku, Ka and L-band satellite communications
solutions for land, maritime and aero platforms to consumers,
governments and enterprises. Its businesses consist of Yahsat
Government Solutions, Thuraya, YahClick (powered by Hughes) and
YahLink. Yahsat also participates in Hughes do Brasil, an equity
partnership with Hughes, and Yahlive, an equity partnership with
SES. In 2020, Yahsat commenced construction of Thuraya 4-NGS, the
next generation telecommunications system for Thuraya, which is due
to enter service in 2025. In 2023, Yahsat commenced construction of
two new software-defined telecommunication satellites, Al Yah 4 and Al
Yah 5, which are expected to be launched in 2027 and 2028,
respectively.
Note
Subject to obtaining regulatory and other
relevant approvals, Bayanat AI PLC is in the process of merging
with Al Yah Satellite Communications Company PJSC (Yahsat). The
proposed merger aims to create an AI-powered space technology
champion in the MENA region with global reach. Bayanat and Yahsat
will continue to operate independently until regulatory approvals
are received and the merger is effective, which is expected to take
place in H2 2024. Visit the merger microsite for more information:
www.asharedambition.com
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SOURCE ICEYE