Bayanat teams with HySpecIQ and AzurX for enable hyperspectral imaging for UAE

Written by Copernical Team Tuesday, 19 September 2023 09:34

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Abu Dhabi, UAE (SPX) Sep 15, 2023

HySpecIQ, a global leader in hyperspectral imaging and data analytics, hsa 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 un

Bayanat teams with HySpecIQ and AzurX for enable hyperspectral imaging for UAE
by Staff Writers
Abu Dhabi, UAE (SPX) Sep 15, 2023

HySpecIQ, a global leader in hyperspectral imaging and data analytics, hsa 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.