Dubai PR Network, Online Press Release from Dubai and Middle East
 
Government Sector(Government, Legal & Humanity)
Filter PR by
  

Bayanat Partners with HySpecIQ and AzurX to Enable Hyperspectral Imaging and Analysis for the UAE

 
Bayanat Partners with HySpecIQ and AzurX to Enable Hyperspectral Imaging and Analysis for the UAE
  •  The partnership was formalized by a MOU signed by Hasan Al Hosani, MD of Bayanat, Bill Sullivan, Chairman of HySpecIQ, and Anna Hazlett, CEO of AzurX;
  • The collaboration will accelerate and enhance space expertise in the UAE and throughout the region;
  •  Partnership described as “clear sign of growing demand in remote sensing applications” by Bayanat’s MD, Hasan Al Hosani.
 
Abu Dhabi, UAE September 14, 2023 — HySpecIQ, a global leader in hyperspectral imaging and data analytics, today announced a partnership with Bayanat, an ADX-listed public company and leading provider of AI-powered geospatial solutions. 
Hyperspectral imaging is a powerful technology that enables identification of objects from space. It takes advantage of the fact that all objects reflect light, both visible and beyond, in a unique fashion, essentially creating a spectral fingerprint which provides detailed information about the identity, composition, and characteristics of targeted objects. The relationship between HySpecIQ and Bayanat will support the creation of hyperspectral data applications as well as the development of systems that can combine hyperspectral with other geospatial data to produce high value insights. 
With its expanding network of remote sensing data sources, Bayanat is an ideal partner for this complex undertaking. HySpecIQ will enable an unprecedented level of insight for customers in the UAE and throughout the region. The collaboration will explore establishing a Hyperspectral Centre of Excellence in the UAE to develop an ecosystem of hyperspectral imagery analysts, engineers, and managers as well as coordinate operations. These individuals will join the growing ranks of highly skilled Emiratis creating a cluster of space expertise in the UAE as stated in the strategic vision of the leadership.
 
Spaceborne hyperspectral imaging offers valuable information to many markets - defense and security, oil and gas, environmental, and agricultural. Bringing together the geospatial service experience of Bayanat with the hyperspectral expertise of HySpecIQ, and the commercial development expertise of AzurX, the partnership will explore the full range of solutions arising from this emerging capability, targeting high value use cases for a range of customers, and will develop effective strategies to maximize their potential. 
 
The hyperspectral imaging systems market size was valued at over USD$16 Bln in 2022 and is projected to reach more than USD$47 Bln by 2032 backed by growing demand in remote sensing applications, increasing industrial applications of HSI, technological advancements in HSI and increasing government initiatives and funding globally. [Source: Global Market Insights]
 
AzurX, the United Arab Emirates’s leading space advisory firm, facilitated the partnership. Bayanat and AzurX are collaborating with the aim of enhancing the UAE’s space ecosystem capabilities and establishing global partnerships.


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 7503 times
PR Category : Government, Legal & Humanity
Posted on : Thursday, September 14, 2023  12:36:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : MoHAP Organizes Workshop to Promote National Early Childhood...
Next Story : UAE, OECD Host Regional Forum on the Global Minimum Tax
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Formula E Announces Biggest-Ever Calendar for Tenth Anniversary Season [34034-Views]
World's First Sheglam Store in the Middle East [15609-Views]
Dubai Jewellery Group Dazzles with Unprecedented Offers at the Dubai Shopping Festival [6621-Views]
Sofitel Dubai Downtown Illuminates the Magic of Festive Season with Exquisite Joie de Noel... [6105-Views]
Xiaomi and Emaar Shape the Future of Smart Living in the UAE [6035-Views]
Ajmal Perfumes Redefines Olfactory Excellence with the UAE Exclusive Series [6023-Views]
QNET's Swiss Luxury Brand Bernhard H Mayer Unveils New Jewellery Collection [5547-Views]
Precious Pearls Add Unique Lustre to Titan Watches Festive Collection [4608-Views]
Dubai's Charitable Preloved Clothes Chain Thrift For Good Pledges 100% of Profits To Emerg... [3961-Views]
Record-Breaker Max Verstappen and Other Historic F1 Moments from 2023 Season [3698-Views]
Emirates Group receives Platinum Impact Seal in UAE Year of Sustainability from the Nation... [3452-Views]
IDB Achieves Remarkable Emiratization with 30% Emirati Workforce within Less Than a Year o... [3444-Views]
Dubai Airports Celebrates UAE 52nd Union Day and Embraces the Year of Sustainability [3428-Views]
Dubai Airports Invests in Guest Experience and Reveals Winner of the Dubai Airshow VISTA I... [3350-Views]
Istituto Marangoni Dubai hosts Public Talk on Vintage Fashion, featuring Italy's Aloe&wolf [3317-Views]
Hyundai Middle East and Africa Launches the all-electric IONIQ Range and Reveals Sustainab... [3300-Views]
Air France-KLM and Etihad Airways Announce Frequent Flyer Partnership [3292-Views]
Emirates Airline Festival of Literature Unveils Second Wave of Inspiring Authors for the 2... [3288-Views]
EGA begins Construction First-of-its-kind Pilot Plant to Convert Bauxite Residue into Manu... [3198-Views]
VNR: Emirates A380 100% SAF Demonstration Flight [3190-Views]
"Ports, Customs and Free Zone" holds the First Strategic Retreat to discuss the ... [3149-Views]
LG Optimizes Comprehensive Maintenance with Dedicated True HVAC Solution Care [3124-Views]
Malabar Gold & Diamonds Expands into Canada; Launches 335th Global Showroom [3075-Views]
INFINITI's Product Renaissance: A Glimpse into the Electrified Future [3030-Views]
RewirEd Summit at COP28, the first ever global Summit on Education and Climate, unveils Ag... [3005-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Top Sections
 
Top Stories