Ibadan, 30 May 2025. – ImageSat International (ISI) has announced the signature of a significant agreement with a customer for the provision of services from the EROS satellite constellation. The agreement also includes related equipment and support services, provided over a two-year period.
Under the terms of the agreement, the customer will pay ISI a total of $42 million ($21 million per year), subject to ISI’s commitment to deliver services as defined in the agreement. The agreement consequently reflects the company’s continued momentum in delivering advanced satellite solutions to defense and government customers worldwide.
ISI’s CEO, Noam Segal, explaining the agreement, stated, “We are happy to announce this agreement, marking another important milestone in the company’s ongoing growth and execution of its business strategy. This agreement, alongside recently signed contracts for the supply of advanced satellites and deep analytics services, underscores ISI’s capabilities and market positioning in the field of space-based intelligence.”
The CEO continued, “With a strong international presence and a diverse product portfolio, ISI is in an excellent position to respond to evolving security needs and continue expanding its backlog. I am confident that our technological innovation, global customer base, and the increasing demand in the defense space market will support our continued success in the years to come.”
