10 September 2019
Satellogic, has become one of the first international providers of space imaging in China, as private space companies look to the country’s commercial satellite industry as a new frontier. The Buenos Aires-based company backed by Chinese technology conglomerate Tencent, has signed a rare deal to provide earth observation data of the central province of Henan to Chinese company ABDAS, which works with the provincial government to analyse crops, forestry and weather. Satellogic’s early entry and investment from Tencent have given it an unusual advantage over other foreign companies in the expanding Chinese market, where regulatory restrictions remain an obstacle to international deals, according to analysts.
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