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Space42 and ICEYE Announce Joint Venture to Bring Satellite Manufacturing to the UAE

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The strategic joint venture addresses the growing demand for SAR satellite imagery and will strengthen Space42 and ICEYE’s customer offeringsBuilds upon Space42 and ICEYE’s successful collaboration for the production of the first batch of UAE-made Foresight constellation satellitesThe JV will act as a vehicle for technology transfer, sovereign & sustainable access to capabilities, and localizing the supply chain

ABU DHABI, UAE, Dec. 9, 2024 /PRNewswire/ — Space42 (ADX: SPACE42), a UAE-based AI-powered SpaceTech company with a global reach, and ICEYE, the global leader in Synthetic Aperture Radar (SAR) satellite operations for high-fidelity Earth Observation, today announced the creation of a joint venture to manufacture SAR satellites in the UAE, building on their successful cooperation, which includes the recent launch of the UAE’s first SAR satellite, Foresight-1, in August 2024.

Focused on satellite manufacturing and deploying SAR satellite missions, this joint venture will directly advance the UAE’s Earth Observation (EO) Program, which was created to build national satellite remote sensing and EO capabilities. The joint venture aims to address the growing demand for high-resolution imagery and data from SAR satellites, which can be applied across various use cases.

Space42’s new Assembly, Integration, and Testing (AIT) and LEO mission operations facilities in Abu Dhabi will be home to a local SAR ecosystem, hosting the joint venture’s manufacturing operations and Space42’s constellation operation services. This joint partnership also serves as a platform for technology transfer and knowledge sharing that will ultimately propel the national R&D efforts for future sovereign SAR payloads. The joint venture strengthens ICEYE’s local footprint to support UAE’s growing need for SAR and Earth Observation capabilities.

Hasan Al Hosani, CEO of Bayanat Smart Solutions, Space42, said: “The joint venture is a continuation of our ongoing strategic partnership with ICEYE to advance Earth Observation capabilities. It will directly support Space42’s commitment to unlocking the full potential of space and ground systems capabilities, ultimately adding customer value through AI-enabled solutions. It also supports the UAE’s space ambitions by bringing SAR manufacturing to the region, positioning the nation at the forefront of advancing space technology globally.”

This partnership will enrich the UAE’s industrial ecosystem by localizing the supply chain and sourcing components and services from existing industrial players in the UAE and build a strong local body of knowledge for the UAE in SAR with the participation of Emirati talent. It will also support Emiratization efforts, providing opportunities for national talent to drive innovation and contribute to economic growth and national prosperity.

Rafal Modrzewski, CEO and Co-founder of ICEYE said: “This joint venture is expected to bring efficiency in deploying, managing, and operating SAR constellations as Space42 and ICEYE join forces to address the market in a coordinated approach. We are proud to see our satellite production line extended to manufacture state-of-the-art SAR technologies in the UAE through our partnership with Space42, enhancing the global reach and positive impact of ICEYE’s technology. We are excited to grow ICEYE’s local footprint and look forward to accelerating the UAE space program and the local space and SAR capabilities by harnessing the most of both companies’ expertise for the benefit of the people of the UAE.”

This joint venture is the latest in several strategic partnerships that capitalize on Space42 and ICEYE’s complementary capabilities. The most recent was the successful launch of the UAE’s first SAR satellite, Foresight-1, in August 2024. Foresight-1 was launched as part of the UAE’s comprehensive SAR constellation, which will continue to grow over the next three years.

ABOUT SPACE42
Space42 (ADX: SPACE42) is a UAE-based AI-powered SpaceTech company that integrates satellite communications, geospatial analytics and artificial intelligence capabilities to enlighten the Earth from space. Established in 2024 following the successful merger between Bayanat and Yahsat, Space42’s global reach allows it to address the rapidly evolving needs of its customers in governments, enterprises, and communities. Space42 comprises of two business units: Yahsat Space Services and Bayanat Smart Solutions. The Yahsat Space Services unit focuses on upstream satellite operations for both fixed and mobility satellite solutions. The Bayanat Smart Solutions unit integrates geospatial data acquisition and processing with AI to inform decision-making, enhance situational awareness, and improve operational efficiency. Space42’s major shareholders include G42, Mubadala and IHC.

For more information, visit: space42.ai
LinkedIn: Space42ai
Instagram: Space42ai
X: Space42ai 

Contact:
Media@space42.ai

ABOUT ICEYE
ICEYE delivers unparalleled persistent monitoring capabilities to detect and respond to changes in any location on Earth, faster and more accurately than ever before.

Owning the world’s largest synthetic aperture radar (SAR) satellite constellation, ICEYE provides objective, near real-time insights, ensuring that customers have unmatched access to actionable data, day or night, even in challenging environmental conditions. As a trusted partner to governments and commercial industries, ICEYE delivers intelligence in sectors such as insurance, natural catastrophe response and recovery, security, maritime monitoring, and finance, enabling decision-making that contributes to community resilience and sustainable development.

ICEYE operates internationally with offices in Finland, Poland, Spain, the UK, and the US. We have more than 700 employees, inspired by the shared vision of improving life on Earth by becoming the global source of truth in Earth Observation.

Visit www.iceye.com and follow ICEYE on LinkedIn and X for the latest updates and insights.

Media contact: press@iceye.com    

 

View original content:https://www.prnewswire.co.uk/news-releases/space42-and-iceye-announce-joint-venture-to-bring-satellite-manufacturing-to-the-uae-302325872.html

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Mega Deal Zone Event Incredible Savings, B&H Offers Incredible Savings During The 3 Day Mega Deal Event

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January 14, 2025

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Photography News: 3 Day Mega Deal Zone offers customers a chance to save with hundreds of amazing deals from January 14th to January 16th. All deals are exclusive to B&H

NEW YORK, Jan. 14, 2025 /PRNewswire/ — B&H Photo is excited to announce the return of its Mega Deal Zone, a three-day special event that features incredible deals on Camera, Computer, Pro Video, Pro Audio, and Lighting equipment—and that’s just a snapshot. Whether you’re a photographer, content creator, or just starting out on your creative journey, hundreds of amazing deals are available across our most popular categories. From Lenses to Tripods to TVs, the Mega Deal Zone includes exciting products, as well as best-selling gear from previous Deal Zone offerings.

Preparing for wedding season, creating a podcast, or needing the right video gear to document your next adventure? As your creative partner, B&H offers a wide range of deals on Photography, Pro Video, Pro Audio, and Lighting. If you’ve been waiting for right deal on microphones or need to brighten your studio with a new LED Light, Deal Zone has you covered and B&H has the hardware and accessories you need to take your next project from concept to reality.

See all Mega Deals offers here                                                                                                
https://www.bhphotovideo.com/mega-deal-zone/deals/

Computer and Home Entertainment enthusiasts will also find incredible deals on Laptops, Hard Drives, Monitors, Soundbars, and so much more. We all know how important it is to have the right computer setup to power your day or the perfect pair of headphones to help you get lost in your favorite music or audiobooks. With our wide range of Deal Zone offerings, work and play can be equally engaging.

There’s so much to explore, come see the great deals happening right now at B&H’s Mega Deal Zone. Additional savings are available for gear from every category. The Mega Deal Zone event runs for a limited time, from January 14th to January 16th. All deals are exclusive to B&H.

Shop for all the incredible deals here. https://www.bhphotovideo.com/mega-deal-zone/deals/

About B&H Photo Video

As the world’s largest source of photography, video, and audio equipment, as well as computers, drones, and home and portable entertainment, B&H is known worldwide for its attentive, knowledgeable product experts and excellent customer service, including fast, reliable shipping. B&H has been satisfying customers worldwide for over 50 years. 

Visitors to the website can access a variety of educational videos and enlightening articles. The B&H YouTube Channel has an unmatched wealth of educational content. Our entertaining and informative videos feature product overviews from our in-house specialists. You can view the B&H Event Space presentations from many of the world’s foremost experts and interviews with some of technology’s most dynamic personalities. Tap into this exciting resource by subscribing to the B&H YouTube Channel here. In addition to videos, the B&H Explora blog presents new product announcements, gear reviews, helpful guides, and tech news written by product experts and industry professionals, as well as our award-winning podcasts.

When you’re in Manhattan, take a tour of the B&H Photo Electronics and camera store, located at 420 Ninth Avenue. The techno-carousel spins all year round at the counters and kiosks at B&H. With thousands of products on display, the B&H Photo SuperStore is the place to test-drive and compare all the latest gear.

The B&H Payboo Credit Card (issued by Comenity Capital Bank) offers the industry’s best instant savings or special financing. Credit card offers are subject to credit approval. Visit B&H’s Payboo Page to learn more or apply.

Contact Information
Geoffrey Ngai

B&H Photo Video
212-615-8820
https://www.bhphotovideo.com/

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SOURCE B&H Photo

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Foureyes Changing the Follow-up Game with Inventory-based Texting

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January 14, 2025

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See at NADA ’25 how the latest Foureyes innovation further helps dealerships match prospects to specific inventory

PORTLAND, Ore., Jan. 14, 2025 /PRNewswire-PRWeb/ — No one buys a car because AI sends them numerous messages to come in for a test drive. They buy when they find the right vehicle on the lot.

“This isn’t just another AI texting platform sending repetitive, pushy messages to book appointments. It’s the latest example of how Foureyes works alongside your sales and BDC teams – helping them work leads while focusing on what they do best: closing deals.”

That’s why Foureyes built something different for dealerships: inventory-based text messaging that matches car buyers to dealership inventory.

The sales assistant software provider will showcase this latest advancement at the NADA Show this month.

Transforming how dealerships tackle long-term follow-up through AI conversations, Foureyes now sends text alerts to prospects with hyper-relevant information about the vehicles they’re interested in. This includes updates about price changes, new arrivals, and suggested alternatives.

But it doesn’t stop there. Powered by dealership inventory data, this new texting capability carries conversations forward by answering those nitty-gritty vehicle questions about trim levels, engine size, heated seats, and more.

“And here’s the coolest part: Foureyes will seamlessly hand off the conversation to your salespeople whenever it recognizes a prospect needs personalized attention,” said David Steinberg, founder and CEO of Foureyes. “This ensures your team can step in when it matters most – like handling questions about inventory availability and price negotiations – to empower them to close deals not just with the right information, but also with a human touch.”

Key features of Foureyes texting include:

Triggered text alerts based on price and inventory changesTwo-way conversations about specific vehicle information – from specs and trim levels to alternative optionsSeamless conversation handoff between AI and human salespeople100% dealer-controlled interactions

This new texting capability further ensures all the leads dealerships pay for can get worked via the Foureyes suite of products, which already includes automated lead-logging and inventory-based email alerts.

Ready to see it in action? Get an interactive demo – including 30 days free – at the Foureyes booth (#3563) during the NADA Show on January 24-26.

See more at foureyes.io/texting

Media Contact

Matt Inda, Foureyes, 1 (971) 352-3494, matt.inda@foureyes.io, www.foureyes.io

View original content to download multimedia:https://www.prweb.com/releases/foureyes-changing-the-follow-up-game-with-inventory-based-texting-302350020.html

SOURCE Foureyes

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Financial Literacy Group Launches New Website to Empower Middle-Class Americans with Innovative Financial Solutions

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January 14, 2025

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Financial Literacy Group is excited to announce the launch of its newly redesigned website, https://www.financialliteracy.group/, a modern online hub created to help individuals and families in the middle class access powerful financial solutions, educational resources, and tools to achieve financial freedom.

LONG BEACH, Calif., Jan. 14, 2025 /PRNewswire-PRWeb/ — Spearheaded by Daunte Harris, VP of Marketing, the revamped website offers a streamlined user experience and showcases the group’s flagship solution: Hybrid Mortgage Arbitrage.

This isn’t just a website—it’s a financial empowerment tool

Hybrid Mortgage Arbitrage is a cutting-edge financial strategy designed specifically to help middle-class households maximize the equity in their homes while reducing long-term financial strain. This solution demystifies complex financial strategies and makes them accessible for everyday Americans seeking to improve their financial position. The newly launched website explains the concept in clear and concise terms, walking users through the process step by step.

“The middle class has long been overlooked when it comes to financial innovation, and our mission is to change that,” said Daunte Harris, VP of Marketing at Financial Literacy Group. “With the launch of the new website, we’re not just offering solutions—we’re also providing the tools, education, and guidance needed for anyone to take control of their financial future. Hybrid Mortgage Arbitrage is a game-changer for homeowners who want to grow their wealth intelligently.”

The new site is packed with features to educate and empower users:

Step-by-Step Guides: Visitors can learn exactly how Hybrid Mortgage Arbitrage works, including how to get started and what the process entails.Educational Resources: The site hosts a blog, financial literacy courses, e-books, and white papers to ensure users are equipped with actionable knowledge.AI-Powered Tools: The platform incorporates artificial intelligence to provide personalized recommendations, creating a tailored experience for every user.

Daunte Harris, who not only led the website redesign but is also heading up Financial Literacy Group’s website advertising, AI implementation, emphasized that the revamped platform was created with the end user in mind. “This isn’t just a website—it’s a financial empowerment tool,” he explained. “We’ve incorporated cutting-edge AI and user-friendly content to ensure that anyone, regardless of their financial background, can find solutions that work for them.”

The social media strategy is being managed by Liya Alieva, who has brought her expertise to ensure a seamless integration of advanced technologies and targeted messaging to reach the right audiences. “We’re proud to create an accessible, results-driven platform for individuals who often feel stuck in the system,” said Alieva. “Our goal is to show that real solutions exist, and we’re here to guide them every step of the way.”

Hybrid Mortgage Arbitrage, the cornerstone of the Financial Literacy Group’s offerings, provides a strategic approach for homeowners to leverage their home equity while mitigating financial risks. Through this solution, users can redirect savings into wealth-building opportunities without the pitfalls of traditional refinancing methods.

Visitors to the new site can quickly get started by exploring the educational resources, connecting with financial experts, and engaging with the community of like-minded individuals who are taking control of their finances.

For more information on Hybrid Mortgage Arbitrage and to explore Financial Literacy Group’s other offerings, visit the new website at https://www.financialliteracy.group/.

Media Contact:
Daunte Harris
VP of Marketing
Financial Literacy Group
Email: team@financialliteracy.group
Phone:323-419-1600

About Financial Literacy Group:

Financial Literacy Group is dedicated to empowering middle-class Americans with innovative financial solutions, education, and tools to achieve financial independence. The organization focuses on demystifying complex strategies like Hybrid Mortgage Arbitrage, making them accessible to everyday individuals seeking to improve their financial position.

Media Contact

Ronald Harris, Financial Literacy Group, 1 3234191600 1005, ron@financialliteracy.group, Financial Literacy Group

Twitter, Facebook, LinkedIn

View original content to download multimedia:https://www.prweb.com/releases/financial-literacy-group-launches-new-website-to-empower-middle-class-americans-with-innovative-financial-solutions-302346737.html

SOURCE Financial Literacy Group

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