Malaysian Energy Company Uzma Taps Satellogic to Further Geospatial Ambitions
Satellogic has won a major new deal with Malaysian energy company Uzma to advance geospatial capabilities in Southeast Asia. The agreement, announced Dec. 7, includes leveraging an EO satellite designed and manufactured by Satellogic that is planned to be launched in the second half of 2024 as ‘UzmaSAT-1’ aboard a SpaceX Falcon 9 rocket.
Through its wholly owned subsidiary, Geospatial AI, Uzma will leverage access to high-temporal and high-resolution satellite imagery from Satellogic’s commercial fleet of sub-meter resolution EO satellites. Through this collaboration with Satellogic, Geospatial AI, aims to position itself to accelerate the development of valuable geospatial applications, providing actionable insights for a rapidly growing market. This collaboration aims to empower Uzma to capture precise satellite imagery on-demand, including frequent revisits, maximum responsiveness, and extensive collection capacity especially suited to scale its business. This will enable Uzma to swiftly respond to market trends and opportunities, allowing its customers to access up-to-date and accurate geospatial data for informed decision-making.
“We are immensely excited about this multi-year, multi-million dollar venture, which is more than a mere collaboration; it’s a pioneering step geared towards revolutionizing data availability and insight extraction in Southeast Asia. By integrating Satellogic’s cutting-edge satellite constellation with Uzma’s robust data analytics and expertise, we are setting a new benchmark in geospatial intelligence. We believe this is the beginning of a new era in satellite imagery and geospatial services in Malaysia and Southeast Asia. We are proud to be at the forefront of this geospatial revolution with Uzma and eager to work together to bring unparalleled space-based capabilities to the region,” Matt Tirman, Satellogic President, said in a statement.