According to ICEYE, the insurance industry and emergency response agencies will increasingly rely on quick and detailed information about natural catastrophes due to their growing frequency and severity.
The recent satellite launch not only reinforces the effectiveness of existing solutions but also enables the development of advanced capabilities to assist the insurance industry and emergency response agencies in managing the heightened risks they face.
Since 2018, ICEYE has successfully put into operation a total of 27 satellites, catering to both commercial and specific client needs.
In the year 2023, ICEYE aims to launch an additional four SAR (Synthetic Aperture Radar) satellites.
Stephen Lathrope, Global Head of Insurance at ICEYE added, “The ongoing expansion of ICEYE’s constellation of New Space satellites enables us to further increase the level of persistent monitoring we provide, of any location on earth.”
“ICEYE’s superior visibility of major disasters and our ability to deliver reliable, consistent, and accurate hazard data in near real-time is proving to be transformational for our insurance industry and emergency response clients.”
