Space Impulse Brief:
- Uzma and Satellogic announced a groundbreaking collaboration aimed to evolve the landscape of satellite imagery capabilities and geospatial services in Southeast Asia.
- The agreement includes leveraging a state-of-the-art EO satellite designed and manufactured by Satellogic.
- Uzma will leverage access to high-temporal and high-resolution satellite imagery from Satellogic’s commercial fleet of sub-meter resolution EO satellites, which is the largest in the world.
PRESS RELEASE — Kuala Lumpur, Malaysia & New York / December 7, 2023 — Uzma, a leading energy and technology company (BURSA:7250.KL), and Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution Earth Observation (“EO”) data collection, announced today a groundbreaking collaboration aimed to evolve the landscape of satellite imagery capabilities and geospatial services in Southeast Asia. The agreement includes leveraging a state-of-the-art EO satellite designed and manufactured by Satellogic that is planned to be launched in the second half of 2024 as “UzmaSAT-1” aboard a SpaceX Falcon 9 rocket, and extensive tasking access to the Satellogic constellation.
Through its wholly-owned subsidiary, Geospatial AI Sdn Bhd (“Geospatial AI”), Uzma will leverage access to high-temporal and high-resolution satellite imagery from Satellogic’s commercial fleet of sub-meter resolution EO satellites, which is the largest in the world. Through this collaboration with Satellogic, Geospatial AI, a two-time recipient of the Smart Technology Innovation of the Year* award, positions itself to accelerate the development of valuable geospatial applications, providing actionable insights for a rapidly growing market.
A pivotal aspect of this collaboration is the tasking capacity made available to Uzma, empowering Uzma to capture precise satellite imagery on-demand, including frequent revisits, maximum responsiveness, and extensive collection capacity especially suited to scale its business. This will enable Uzma to swiftly respond to market trends and opportunities, allowing its customers to access up-to-date and accurate geospatial data for informed decision-making.
Dato’ Kamarul Redzuan, Uzma Group CEO, expressed enthusiasm about the collaboration:
“We are thrilled to partner with Satellogic to pioneer a solution set to address our industry’s long-standing need for high-temporal and high-resolution satellite data. With the launch of UzmaSAT-1 and access to Satellogic’s constellation, it has the potential to set a new standard for geospatial intelligence and offer unparalleled capabilities to meet the evolving demands of Uzma’s clients.”
Matt Tirman, Satellogic President, added:
“We are immensely excited about this multi-year, multi-million dollar venture, which is more than a mere collaboration; it’s a pioneering step geared towards revolutionizing data availability and insight extraction in Southeast Asia. By integrating Satellogic’s cutting-edge satellite constellation with Uzma’s robust data analytics and expertise, we are setting a new benchmark in geospatial intelligence. We believe this is the beginning of a new era in satellite imagery and geospatial services in Malaysia and Southeast Asia. We are proud to be at the forefront of this geospatial revolution with Uzma and eager to work together to bring unparalleled space-based capabilities to the region.”
Beyond technological advancements, the collaboration between Uzma and Satellogic holds deep potential to address critical global and domestic challenges, including ESG-related matters from food security to border security, disaster response, and more. This concerted effort aligns seamlessly with Malaysia’s Space Exploration 2030 goals, reinforcing the nation’s commitment to advancing space capabilities for a sustainable and technologically advanced future.
*Note: The Smart Technology Innovation of the Year award was awarded to Uzma at The Solar Week Malaysia Awards in 2023 and 2021
Contact Information:
Media relations:
Uzma
[email protected]
Satellogic
[email protected]
Investor Relations:
Satellogic / MZ Group
Chris Tyson/Larry Holub
(949) 491-8235
[email protected]
SOURCE: Satellogic
Featured image: Credit: Satellogic
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