TelePIX, South Korean Startup, Signs Deal to Provide Earth Observation Imagery Data from its BlueBon Satellite

November 01, 2023 09:00 AM EDT | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp
 TelePIX, South Korean Startup, Signs Deal to Provide Earth Observation Imagery Data from its BlueBon Satellite
Image source: Kalkine Media

SEOUL, South Korea, Nov. 1, 2023 /PRNewswire/ -- TelePIX, a pioneering South Korean space startup, announces its recent agreement with Polish space company, SatRev, to supply satellite imagery data. This groundbreaking deal marks the first time that South Korea is exporting observational imagery data from its proprietary satellite.

The model of TelePIX's nanosatellite 'BlueBon' scheduled to be launched in the next year
The model of TelePIX's nanosatellite 'BlueBon' scheduled to be launched in the next year

The contract was formalized during a ceremony held at the International Astronautical Congress (IAC) held in Baku, Azerbaijan, on October 6. The event saw participation from both companies and prominent representatives from the South Korean Ministry of Science and ICT, the Korea Aerospace Research Institute, the Polish Ministry of Economic Development and Technology, and the Polish Space Agency.

The core of this agreement is TelePIX's commitment to provide satellite imagery data, specifically focusing on "Blue Carbon" from its in-house designed and built satellite, the "BlueBon." This compact 6U-class nanosatellite is scheduled to launch in 2024, delivering 3.8-meter optical observation satellite imagery data.

Founded in 2019, TelePIX specializes in developing optical payloads for Earth observation and software for satellite imagery data analysis. Notably, TelePIX is gearing up to introduce a groundbreaking service in 2024- the world's first Blue Carbon observation, which plays a pivotal role in capturing carbon within the marine ecosystem. The observation of Blue Carbon will leverage TelePIX's cutting-edge satellite image-based super-resolution quantitative detection technology, focusing on marine floating algae.

Arongsae Kwon, the COO of TelePIX, shared the company's ambitious vision. TelePIX is actively engaged in developing a next-generation Earth observation satellite capable of monitoring greenhouse gases, including carbon dioxide and methane. The goal is to have this satellite fully developed by 2025. Furthermore, Kwon mentioned ongoing negotiations for exporting solutions centered around the analysis of climate change data related to greenhouse gases, utilizing a fusion of various multimodal data collected from greenhouse gas observation satellites.

For more information about TelePIX, a member company of Global Digital Innovation Network (formerly known as Born2Global Centre), and their innovative satellite technology, please visit www.telepix.net


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Incorporated (Kalkine Media), Business Number: 720744275BC0001 and is available for personal and non-commercial use only. The advice given by Kalkine Media through its Content is general information only and it does not take into account the user’s personal investment objectives, financial situation and specific needs. Users should make their own enquiries about any investment and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media is not registered as an investment adviser in Canada under either the provincial or territorial Securities Acts. Some of the Content on this website may be sponsored/non-sponsored, as applicable, however, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used in the Content unless stated otherwise. The images/music that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Canadian AI All-Stars: Unveiling the Top Stocks for 2024

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.