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New national space R&D lab to enable in orbit demonstrations of start up and academic payloads on ISI satellites
ImageSat International (TASE: ISI), a global leader in space-based intelligence solutions, announces that the Access to Space consortium, in which ISI is a member, has been selected by the Israel Space Agency at the Ministry of Innovation, Science and Technology and the Israel Innovation Authority to establish and operate Israel's national R&D space laboratory for the accelerated development of space technologies.
The consortium, led by Israeli space company Creation Space and joined by leading national academic institutions, including the Technion (Israel Institute of Technology) and Ben-Gurion University, will receive approximately 16 million USD in governmental participation, including around 10.5 million USD in grants, for the establishment and operation of the laboratory.
The laboratory will enable Israeli start-ups and academic institutions to conduct technological demonstrations in space, including the launch of dedicated experimental payloads on board satellites that will be supplied, integrated, launched and operated by ISI. In addition, the laboratory will provide test infrastructures, as well as professional and engineering services and regulatory support, to make advanced space experimentation accessible to a broad range of Israeli developers.
"We are proud to be a significant part of the consortium selected to enable Israel's space capabilities to grow and to further develop Israeli technological leadership in space," said Noam Segal, CEO of ImageSat International. "With extensive experience in delivering end-to-end satellite solutions- from design and development to integration, launch, and mission operations , ISI is uniquely positioned to provide the professional infrastructure required for such a national space laboratory, enabling Israel and additional nations to remain at the forefront of space technology."
