May 15, 2019 – APSI, Asia Pacific Satellite Inc., and ICEYE, the global leader in small satellite synthetic-aperture radar (SAR) technology, announced that the organizations have signed a memorandum of understanding about working together to support the South Korean New Space market. As a part of the agreement, APSI will supply ICEYE’s SAR imagery in South Korea and also provides mutual support from both APSI and ICEYE to deliver radar imaging related satellite solutions for the South Korean market. ICEYE successfully launched its second radar imaging satellite, ICEYE-X2, in early December 2018 , receiving significant attention in the global Earth observation market. The satellite launch was an initial step towards creating the necessary SAR satellite constellation of ICEYE for frequent and reliable satellite-based information about any location on Earth, regardless of the time of day, and even through cloud cover. ICEYE is providing commercial data services to both government and industry users. The company is actively increasing the size of its SAR satellite constellation, with up to five more satellites being launched throughout 2019. ICEYE’s small SAR satellites can be manufactured and launched cost-effectively, providing up to 1-meter resolution SAR images. APSI is a provider of equipment and services for multiple government programs in South Korea, and with the support of ICEYE’s leading technology, will grow to provide further data, hardware and radar imaging solutions to the governmental and commercial customers in South Korea.