Bayanat and Yahsat sign MOU to develop in-country space program for earth observation capabilities

Bayanat and Yahsat sign MOU to develop in-country space program for earth observation capabilities

Abu Dhabi, UAE: – Bayanat, a leading provider of AI-powered geospatial solutions, has signed an MOU with Al Yah Satellite Communications Company PJSC (Yahsat), the UAE’s flagship satellite solutions provider listed on the Abu Dhabi Securities Exchange (ADX; under the symbol: YAHSAT, ISIN: AEA007501017), to develop an in-country space program. The MOU brings together Bayanat’s expertise in remote sensing capabilities and data analytics, and Yahsat’s proven capabilities spanning satellite space technology.

The strategic partnership was announced today at IDEX 2023 and is aimed at establishing and operating strategic earth observation partnership within the UAE which includes Synthetic Aperture Radar (SAR) and optical imagery satellite capabilities. The global market potential is estimated to stand at US$ 4 billion for optical and SAR data combined. This partnership intends to consolidate the companies’ synergies leading to in-country manufacturing and managed services.

Bayanat’s long history in the geospatial industry has given it the opportunity to access, understand, and optimize a wide array of data generation, acquisition, visualization, and analysis systems. The company provides numerous applications for earth observation through its proprietary capabilities as well as through an extensive portfolio of industry-leading remote-sensing partners.

Yahsat has long-standing expertise in remote sensing technology and earth observation – driven through