Ursa has signed a collaboration agreement with ICEYE to expand the global market for synthetic aperture radar (SAR) data and analytic products. Building on an existing partnership with ICEYE to provide satellite data to Ursa and its customers in the energy sector, Ursa will now additionally become a reseller of ICEYE’s data products, and the two companies will work to jointly create and develop further SAR-based analytic services.
“Since Ursa’s founding, our mission has been to shed light on the dark corners of the world and help our customers with unmatched global economic intelligence,” said Adam Maher, co-founder and CEO of Ursa. “ICEYE is aligned with our mission and has been a great partner for Ursa, so we’re looking forward to continue working together to prove the limitless capabilities of SAR and expanding the global market together.”
Finnish New Space company ICEYE is the leading provider of reliable and timely SAR satellite data. ICEYE is establishing the world’s largest SAR satellite constellation and is on track to launch up to five additional satellites by the end of 2019.
“The global market for SAR satellite data and products is expanding rapidly, and there are no signs of it slowing down,” said Rafal Modrzewski, CEO of ICEYE. “In collaboration with Ursa, we can provide even more value with reliable and actionable information of almost any point on Earth.”
Leveraging ICEYE’s growing satellite constellation and increased commercial capabilities, Ursa will utilize ICEYE satellite data for advanced analytics, sell ICEYE satellite data to its customers, and the companies will join forces to bring new SAR-based products and services to key commercial and government markets.