Ursa, ICEYE extend partnership for SAR satellite data & products

By Akshay Kedari  Date: 2019-06-06

Ursa, ICEYE extend partnership for SAR satellite data & products

Ursa Space Systems Inc., a leading provider of geospatial intelligence solutions, has recently inked an agreement with microsatellite manufacturer ICEYE to expand the global market for synthetic aperture radar (SAR) data and analytic products.

Building on the current partnership with ICEYE to offer satellite data to Ursa and its clients in the energy sector, the company will become a key reseller of ICEYE's data products, while the two firms will jointly work to develop improved SAR-based analytic services, claim reports.

According to a statement, Adam Maher, Co-Founder & CEO, Ursa, said that the company, since commencement, has aimed to shed light on dark corners of the world and help its customers with unmatched global economic intelligence. He said that ICEYE is aligned with this mission and has been a great partner for Ursa.

Adding further Maher said that they are looking forward to working with ICEYE to prove SAR’s limitless capabilities and to jointly expanding its global market.

Rafal Modrzewski, CEO, ICEYE, said that the global market for SAR satellite data & products is expanding rapidly, and is not slowing down. He claims that their firm, in collaboration with Ursa, can offer enhanced value with reliable and actionable information of almost any point on the Earth.

For the record, ICEYE is the leading supplier of reliable SAR satellite data. The company is renowned as the world's largest SAR satellite constellation and is on track to launch up to five satellites by the end of 2019.

Ursa, on the other hand, aims to develop satellite-based data layers which can be used to discover the world. The company, founded in 2014, has pioneered transparency in the oil & gas supply chain by using satellite-based radar and is expanding applications of the technology into new supply chains and markets.

Reliable sources suggest that Ursa, by making use of ICEYE's expanding satellite constellation and increased commercial abilities, will utilize ICEYE satellite data for enhanced analytics. It will also sell ICEYE satellite data to its customers while the two companies will join forces to bring new SAR-based services and products to key commercial and government markets.

Source Credit: https://www.prnewswire.com/news-releases/ursa-and-iceye-extend-partnership-for-sar-satellite-data-and-products-300862652.

html https://spacenews.com/ursa-iceye-expand-pact/

About Author

Akshay Kedari     aeresearch.net

Akshay Kedari

A qualified computer engineering graduate, Akshay Kedari takes pride in having his way with words. Following his passion for content creation, he writes insightful pieces on aeresearch.net and a few other portals. Also endorsed with a short-term experience in web deve...

Read More

More News By Akshay Kedari

Apple’s iPhone 13 production may take a hit due to global chip shortage

Apple’s iPhone 13 production may take a hit due to global chip shortage

By Akshay Kedari

Apple Inc. is likely to cut down production of its iPhone 13 model by approximately 10 million units on account of the global chip shortage. The American multinational technology company was previously expected to manufacture 90 million units of the ...

Israel's GoTo Global acquires German e-moped sharing platform emmy

Israel's GoTo Global acquires German e-moped sharing platform emmy

By Akshay Kedari

Israel-based multimodal vehicle sharing services provider GoTo Global Mobility Ltd. has reportedly acquired Germany’s shared e-scooter company emmy. The acquisition will allow GoTo Global to enter the German market as well as accelerate its Eur...

German airline Lufthansa adds four new planes to its A350 fleet

German airline Lufthansa adds four new planes to its A350 fleet

By Akshay Kedari

Deutsche Lufthansa AG recently revealed that it has agreed to take four new Airbus A350-900 long-haul passenger aircraft on lease, utilizing newer planes that are left grounded as airlines reorganize their balance sheets in the wake of the ...

Samsung fined USD 47 million by Dutch watchdog for price-fixing TVs

Samsung fined USD 47 million by Dutch watchdog for price-fixing TVs

By Akshay Kedari

South Korean electronics manufacturing giant Samsung Electronics Co. Ltd. has been charged a penalty of USD 46.9 million by the Dutch competition watchdog Authority for Consumers and Markets (ACM) for price-fixing practices in the Netherlands. The m...

TEA-Lab, MED-EL unveil the world's first multifunction hearing aid app

TEA-Lab, MED-EL unveil the world's first multifunction hearing aid app

By Akshay Kedari

Communication solution provider for cloud meetings Tencent Ethereal Audio Lab (TEA-Lab) together with Austria-quartered implantable hearing solutions leader MED-EL recently announced the launched a first-of-its-kind hearing aid app that incorporates ...