G42 and ICEYE Sign a
Memorandum of Understanding to Collaborate and
Develop Advanced SAR Products
November 17, 2021
G42, and ICEYE have
signed a Memorandum of Understanding (MoU) to
collaborate on developing advanced SAR products.
The collaboration was
formalized at a signing ceremony by Talal Al Kaissi,
VP of the G42 Space Program and Jamil Kawar,
Director of Global Sales at ICEYE, on the sidelines
of the Dubai Airshow.
The agreement between the
companies will bring together ICEYE’s existing
satellite constellation and solutions and G42’s
geospatial analytics, cloud computing, and AI
capabilities for customers in the UAE and beyond.
ICEYE’s provision of both historical and future SAR
imagery and G42 through its AI research arm, the
Inception Institute of Artificial Intelligence
(IIAI), will jointly develop advanced algorithms and
analytics with ICEYE to serve local customers in
various fields. Bayanat, G42’s geospatial products
and services company will benefit by providing these
solutions to customers in various domains including
oil & gas, municipalities, maritime, environment,
disaster management, public safety, and other areas.
Additionally, ICEYE will also deploy its cloud-based
Near Real Time (NRT) SAR processing capabilities on
G42 Cloud to enhance G42’s geospatial analytics
platform.
G42 recently signed an
agreement with Yahsat to bring together a powerful
combination of advanced space technology and
satellite communications expertise with AI and Big
Data. The agreement between G42 and ICEYE promises
to augment that objective and provide a holistic
offering to end users, as well as enhance the UAE’s
position as a key destination for world-class space
companies looking to serve this market and
potentially jointly develop future satellites
in-country.
ICEYE operates the world’s
largest commercial constellation of SAR satellites
and has launched 14 spacecraft so far. The company
is planning to further expand its constellation with
at least four additional satellites by mid-2022,
with the objective of reaching an average access
time of three hours anywhere on the globe.
Talal Al Kaissi, VP of the G42
Space Program said, “The combination of ICEYE's near
real-time image acquisition capability coupled with
G42’s advanced AI, cloud, and supercomputing
capabilities, presents a compelling offering to
end-users that require actionable intelligence in a
digestible format to enable swift decision making.
There are a multitude of new use cases in a variety
of different industries that can benefit from such
products, and we plan to leverage our ecosystem
partners in collaboration with ICEYE to unlock these
markets.”
Jamil Kawar, Director of Global
Sales at ICEYE said, “This is truly a
ground-breaking collaboration for ICEYE and it’s a
first major step in the Middle East region for our
increasingly growing company. I’d like to thank the
G42 organization for the trust they have put in our
ICEYE team and we eagerly look forward to further
cementing the great collaboration between both our
companies moving forward.”
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