TREE NEWS update: The UAE, via IHC subsidiary Marlan Space, will invest $1 billion in Franco-American space AI startup Loft Orbital to build a constellation of 50 satellites equipped with AI capabilities. Unlike traditional satellites that beam data to Earth for analysis, the company plans to process imagery, video, and measurement data directly in space, with AI agents identifying anomalies and issuing alerts within seconds.
UAE’s IHC to invest $1B in Loft Orbital for 50 AI satellites
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