Uzma and
Satellogic Sign Multi-Million Dollar +3-Year Agreement
to Advance Geospatial Capabilities in Southeast Asia
December 07,
2023
Uzma and
Satellogic Inc. 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 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.
Fullerton Hotel, Sydney
3 & 4 June 2024
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