ICEYE Launches Four New SAR Satellites, Including First Mission for Bayanat and Yahsat

ICEYE, the global leader in synthetic aperture radar (SAR) satellite operations for Earth Observation, persistent monitoring, and natural catastrophe solutions, has successfully launched four new SAR satellites on August 16, 2024. The new satellites further expand the world’s largest SAR constellation, owned and operated by ICEYE. The satellites were integrated via Exolaunch and successfully lifted off aboard the Transporter-11 Rideshare mission with Space X from Vandenberg Space Force Base in California, USA.

The latest successful satellite deployment strengthens the Earth observation capabilities for ICEYE’s customers and includes the first ICEYE satellite mission for Bayanat and Yahsat. The satellites serve both ICEYE’s commercial and dedicated customer missions and were manufactured by ICEYE in Finland and ICEYE US in the United States. This launch marks a significant milestone for both ICEYE and its customers, showcasing the company’s commitment to improving life on Earth through advanced Earth Observation technology.

“With frequent and steady deployment of new satellites into the ICEYE constellation, we are making progress towards our vision of improving life on Earth by becoming the global source of truth in Earth Observation. The powerful and capable satellite constellation ensures fulfilling our commitments to working as a trusted partner with a growing number of governments and commercial industries to deliver timely, accurate, and actionable insights for faster and better decision-making. We are proud to launch the first ICEYE satellite for our customer Bayanat and Yahsat and look forward to continued successful cooperation on their missions,” said Rafal Modrzewski, CEO and Co-Founder of ICEYE.

The successful launch of ICEYE’s SAR satellites has garnered praise from key stakeholders. Hasan Al Hosani, Managing Director of Bayanat, expressed excitement about the milestone achieved through their collaboration with ICEYE, highlighting the significance of inaugurating their Earth Observation capabilities. Ali Al Hashemi, Group CEO of Yahsat, echoed similar sentiments, emphasizing the synergies between Bayanat and Yahsat as they move forward with their merger to form Space42.

ICEYE’s commitment to expanding its satellite constellation and serving its customers with actionable data and insights is evident in their plans to launch up to 13 new satellites in 2024, and 10-15 new satellites annually in 2025 and beyond. The company’s persistent monitoring capabilities provide unparalleled insights for government and commercial customers in various sectors.

Overall, ICEYE’s successful satellite deployment marks a significant advancement in Earth Observation technology and demonstrates the company’s dedication to providing accurate and timely data for decision-making. With the addition of new SAR satellites to their constellation, ICEYE continues to lead the way in the global space industry, setting the standard for innovative Earth Observation solutions. Yahsat, a leading satellite communications company, is making significant strides in expanding its reach and capabilities in the telecommunications industry. With a diverse portfolio of businesses including Yahsat Government Solutions, Thuraya, YahClick, and YahLink, the company is constantly innovating to provide cutting-edge services to its customers.

One of the key projects underway at Yahsat is the construction of Thuraya 4-NGS, the next generation telecommunications system for Thuraya. This project is set to revolutionize satellite communications and is expected to enter service in 2025. Additionally, Yahsat has embarked on the construction of two new software-defined telecommunication satellites, Al Yah 4 and Al Yah 5, scheduled for launch in 2027 and 2028 respectively.

In a strategic move to further enhance its capabilities, Yahsat is in the process of merging with Bayanat AI PLC. This merger aims to create an AI-powered space technology champion in the MENA region with global reach. While Bayanat and Yahsat will continue to operate independently until regulatory approvals are obtained, the merger is expected to be finalized in the second half of 2024.

This merger will not only strengthen Yahsat’s position in the market but also enable the company to offer innovative solutions powered by artificial intelligence. By combining the expertise of both companies, Yahsat is poised to become a major player in the telecommunications and space technology sectors.

For more information on the proposed merger and to stay updated on the latest developments, visit the dedicated microsite at www.asharedambition.com. Keep an eye on Yahsat as it continues to make strides in the industry and set new standards for satellite communications.