Saudi Arabia launches first Ai-powered Spaceguardian
SpaceKnow, a New York-based technology company dedicated to transforming space data into actionable intelligence has announced the launch of Spaceguardian in Saudi Arabia.
Spaceguardian is the first approved company dedicated to satellite imagery and AI analysis to launch in Saudi Arabia.
Majid Alghaslan, Chairman and CEO of Front End Limited Company and Founder and Partner of Spaceguardian, and Jerry Javornicky, CEO and Co-founder of Spaceknow entered into a joint venture (JV) agreement to launch Spaceguardian in Saudi Arabia at the International Petroleum Technology Conference (IPTC) 2024 that took place in Dhahran.
The agreement marks a significant leap forward in leveraging satellite imagery and AI analysis to empower various sectors across the kingdom. Spaceguardian specialises in applying machine learning AI on satellite imagery to facilitate economic activities, energy and commodities analysis, environmental assessments, construction progress tracking, and more.
Speaking on the occasion, Majid Alghaslan, said, “The historic launch of Spaceguardian marks a pivotal moment for the entire technological and industrial landscape of Saudi Arabia. As the inaugural company dedicated to satellite imagery and AI analysis, this partnership embraces innovation and progress that will propel Saudi Arabia into a new era of digital transformation.”
Jerry Javornicky, CEO and Cofounder of Spaceknow remarked, “Majid Alghaslan has a long history of bringing the most innovative companies into the Kingdom, so for us, collaborating with Majid was the ideal way to enter Saudi Arabia. We aim to revolutionise the Ai-powered geospatial analytics market and to bring our technology to multiple sectors, starting with infrastructure monitoring, carbon sequestration, and security applications.”
Spaceguardian's innovative approach to satellite imagery analysis and AI integration offers a myriad of applications across diverse sectors. By harnessing machine learning algorithms, the company provides comprehensive insights into various facets of economic activities, energy commodities, defense, intelligence, environmental sustainability, construction, and real estate. This tailored approach facilitates informed decision-making processes for stakeholders in each sector.
“This strategic collaboration will not only accelerate the kingdom’s economic growth and diversification efforts including driving innovation and fostering local talent, but also contribute to the development of the burgeoning space sector and support the establishment of a robust space agency in Saudi Arabia”, Majid added.