ImageSat International Secures $54.5M Deal for Space-Based Intelligence Analytics Services
The analytics services will be provided through a cloud-based platform designed for the analysis of intelligence products from space through artificial intelligence-based analytics, using the company's array of satellites
Photo: ImageSat
Israeli company ImageSat International (ISI), specializing in intelligence solutions from space, announced that it has signed a $54.5 million agreement to provide space-based intelligence analytics services for a key customer over three years.
The analytics services will be delivered through a cloud-based platform, designed for analyzing intelligence products from space using artificial intelligence-based analytics. To provide these services, the company will utilize its array of satellites, which includes the EROS C satellites, the RUNNER satellite, and others.
Noam Segal, CEO of ISI, stated: "This transaction is one of the largest in the world for the provision of space-based intelligence analytics services. The signing of the agreement establishes our analytics and artificial intelligence products as a growth engine for the company.
“The choice of ISI to carry out this program demonstrates the customers' trust in our capabilities and marks another significant milestone in converting our accumulated opportunities into orders. We are currently working to sustain this development and expansion momentum by collaborating with strategic partners and potential customers."
