UAE commits $1 billion to Loft Orbital’s 50-satellite AI-enabled Earth-observation constellation
Bookmark this storyRoyal Group of Abu Dhabi will provide $1 billion to support a 50-satellite constellation developed by French-American startup Loft Orbital and UAE-based Marlan Space. The system will combine optical and radar imaging with AI to serve customers in Europe and the United Arab Emirates, while IHC prepares to acquire an 80% stake in Marlan Space.
Discovered |