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The image was taken by the ICEYE satellite from about 560 kilometers in space. Yas Island is an island in Abu Dhabi, United Arab Emirates. It covers a total area of 25 square kilometers. It is a leisure island and one of the largest tourism projects in Abu Dhabi. Yas Island is home to the Yas Marina Circuit, which has hosted the Formula 1 Abu Dhabi Grand Prix since 2009.
ADX-listed company and leading AI-powered geospatial solutions provider Bayanat and Al Yah Satellite Communications Company PJSC (Yahsat) (ADX: YAHSAT), the UAE’s flagship satellite solutions provider, today announced an integrated space program aimed at building the nation Satellite Remote Sensing and Earth Observation (EO) capabilities within the UAE to commercially address local and global EO market opportunities.
The program is part of a collaboration between the two companies and ICEYE, a leading SAR satellite manufacturer based in Finland. Extending Bayanat’s capabilities into space allows the company to advance its growth strategy and become a preeminent player in the industry.
SAR is an active sensing system that illuminates the Earth’s surface and measures reflected signals to generate high-resolution images. Unlike traditional optical imaging satellites, SAR can capture images day and night, regardless of weather conditions or sunlight. ICEYE’s radar antennas cover larger geographic areas or, at the other end of the scale, provide higher-resolution imagery of smaller areas than other new space-based SAR satellite services.
Bayanat’s plan is to develop a constellation of at least five SAR Low Earth Orbit (LEO) satellites to provide a coherent data stream for an end-to-end solution for SAR applications. It will cover the entire value chain by leveraging the available synergies of Yahsat’s upstream and midstream capabilities, including its leading satellite infrastructure and its fast-growing breadth of satellite-enabled innovative solutions, and Bayanat’s downstream capabilities, such as advanced artificial intelligence and data analysis, and will significantly enhance Bayanat’s commercial offerings by delivering timely and accurate valuable geospatial insights to various industries.
The program is a stepping stone towards a wider space ecosystem in the UAE, including the development of domestic satellite manufacturing capabilities. It will bring a range of strategic benefits to the nation, including access to sovereign SAR data collection, enhanced data privacy, and further building the nation’s resident capabilities for space exploration. Furthermore, the program will drive cooperation among key strategic players in the UAE space ecosystem, strengthen the UAE’s position in space technology and open up new possibilities for Bayanat, Yahsat and the country’s future space exploration endeavors.
Hasan AlHosani, CEO of Bayanat, said: “The first low-orbit satellite, scheduled for launch in the first quarter of 2024, will significantly enhance Bayanat’s existing offerings, thereby providing more comprehensive and high-quality services to local and international customers.” Bayanat The partnership between ICEYE and ICEYE, in partnership with Yahsat, will advance the development of a sovereign EO ecosystem that will allow us to deliver cutting-edge solutions while contributing to skills development, scientific advancement and continued economic growth. We are excited to Excited to be at the forefront of this dynamic and fast-growing field and look forward to developing a commercial space program in the UAE.”
Ali Al Hashemi, CEO of Yahsat Group, said: “As part of Yahsat’s efforts to empower the space economy sector under the UAE Space Strategy 2030, we are delighted to be partnering with Bayanat on this ambitious initiative. Government-linked entities have joined forces to strengthen the UAE’s space leadership in the MENA region, backed by Yahsat’s world-class infrastructure and range of innovative solutions. We are also advancing new areas such as Earth observation, domestic manufacturing and Building the capabilities of the national space sector.”
Rafal Modrzewski, CEO and Co-Founder of ICEYE, said: “ICEYE is the world’s leading new space company today, with proven capabilities in designing, building and supplying customers with new-age SAR Earth observation satellites. We are proud to support Bayanat’s space program Contribute to meet the complex imagery requirements of their most demanding customers in the UAE.Before launch next year, we will provide access to satellites already in orbit so Bayanat can begin utilizing radar satellite imagery for public and private use in the UAE Departmental customers benefit.”
About Bayanath:
Bayanat, an ADX-listed public company majority-owned by G42, provides comprehensive world-class AI-powered geospatial solutions to a growing number of industries including government services, environment, energy and resources, smart cities and transportation. Its offerings include topographic, hydrographic and aerial products and charts, as well as spatial data surveying, analysis, management, modeling, visualization and cartographic services. Bayanat’s solutions leverage vast amounts of high-quality and unique data from a variety of sources, including satellites, high-altitude pseudo-satellites (HAPS), and AI-powered Earth observations to drive geospatial intelligence (gIQ).
For more information, please visit: www.bayanat.ai
About Yahsat
Al Yah Satellite Communications Company PJSC (Yahsat), a public company listed on the Abu Dhabi Securities Exchange (ADX), is a subsidiary of Mubadala Investment Company PJSC with operations in Europe, the Middle East, Africa, South America, Asia and Australasia West Asia.
Yahsat’s 5 satellites cover more than 80% of the world’s population, supporting critical communications including broadband, broadcast, backhaul and mobile solutions. Headquartered in Abu Dhabi, UAE, Yahsat provides consumers, governments and businesses with C, Ku, Ka and L-band satellite communications solutions for land, sea and air platforms. Its businesses include Yahsat Government Solutions, Thuraya, YahClick (powered by Hughes) and YahLink. Yahsat is also involved in Hughes do Brasil, an equity partnership with Hughes, and Yahlive, an equity partnership with SES. In 2020, Yahsat began construction of Thuraya’s next-generation telecommunications system, Thuraya 4-NGS, which will be operational in 2025.
For more information, visit: www.yahsat.com; Follow us on Twitter: @YahsatOfficial
About Bingyan
ICEYE provides unparalleled continuous monitoring capabilities for any location on Earth. With the world’s largest constellation of synthetic aperture radar satellites, the company enables objective, data-driven decision-making for clients in insurance, natural disaster response and recovery, security, maritime monitoring and finance. ICEYE’s data can be collected day or night, even through clouds.For more information, please visit Ice eye net.
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