UAE-based SpaceTech company Space42 has announced a strategic collaboration with FADA, an EDGE Group entity focused on developing the UAE’s geospatial analytics capabilities. The partnership, valued at AED 378m ($102.91m), aims to enhance the country’s Earth Observation (EO) downstream capabilities across multiple sectors.
The agreement will utilise data from Space42’s Foresight Constellation of SAR satellites, first launched in August 2024 and expanded in January 2025. Space42 and FADA will work closely with various government agencies to further develop platform capabilities in the coming years.
Commenting on the deal, Hasan Al Hosani, CEO of Bayanat Smart Solutions, Space42, said: “Our strategic partnership with FADA further enables Space42 to continue delivering premium geospatial insights that enhance national capabilities and operational efficiency. This collaboration will elevate the capabilities of our Earth Observation technologies and contribute significantly to the UAE’s strategic objectives in data-driven decision-making. By leveraging advanced analytics and multi-source geospatial data, we will provide unparalleled insights that add significant value to government entities.”
Waleid Al Mesmari, President – Space & Cyber Technologies, EDGE, added: “This partnership between Space42 and FADA marks a major milestone in advancing Earth Observation technology in the region. With the launch of FADA, EDGE’s new space company, we are reinforcing our commitment to pioneering advanced technologies and strengthening national capabilities. FADA’s mission to develop sovereign space solutions and drive innovation in satellite systems aligns with this collaboration. Together, we are setting a new benchmark in geospatial capabilities to support a safer, more sustainable future for the UAE and beyond.”
Source: https://satelliteprome.com/news/space42-and-fada-sign-102-9m-deal-to-boost-uaes-eo-capabilities/