Earlier on Wednesday, Ursa Space Systems announced that it will be expanding its partnership Iceye for improved radar data.
This latest extension is first since both companies signed their first agreement back in 2018. At the time, Ursa got access to the Finland’s radar satellite operations data archive thanks to the deal. Back in December, Iceye launched its second SAR satellite as the company plans on launching as much as five satellites in the current year.
This latest extension comes as Ursa has signed agreement with several SAR satellite operators in recent years. In case you didn’t know, the New York based company uses SAR data to provide improved economic intelligence to companies.
In an official statement, Rafal Modrzewski, Iceye CEO revealed, “The global market for SAR satellite data and products is expanding rapidly, and there are no signs of it slowing down. In collaboration with Ursa, we can provide even more value with reliable and actionable information of almost any point on Earth.”