Both companies will work together to create the infrastructure that will cater to the needs of various sectors of Arabsat’s customers.
Arabsat plans to utilise Loft’s space infrastructure platform to provide earth observation services to all 22 member countries of the Arab League. This will allow for the development of reliable applications across agriculture, transport and logistics, borders and maritime monitoring, and environmental protection. Loft will fly these missions on their turnkey satellite platform called Longbow, using Cockpit, a mission-agnostic satellite operations software.
Commenting on the agreement, Pierre-Damien Vaujour, CEO and co-founder of Loft Orbital, said: “We are excited to work with Arabsat to provide reliable and simple access to space. This MoU strengthens our commitment to provide new capabilities in LEO for this region.”
Eng. AlHamedi Alanezi, President & CEO of Arabsat, added: “The agreement with Loft Orbital advances the strategic objectives of Arabsat, complements its traditional GEO telecommunications activities with additional LEO satellite services for the government and private sectors, and will support the earth observation needs of these sectors considering the rapid growth of the Saudi and Arabic markets. We aim to launch these joint services soon.”