TOKYO, March 18,
2025 /PRNewswire/ -- Synspective Inc., a provider of
Synthetic Aperture Radar (SAR) satellite data and analytics
solutions, is pleased to announce the opening of two subsidiaries:
Synspective USA HD, Inc., a
holding company, and Synspective USA, Inc., an operating company in the
USA. Synspective USA, Inc. will operate in Colorado.
This strategic expansion marks a significant milestone in the
company's growth, strengthening its commitment to offering
cutting-edge satellite technology and data-driven insights to
clients across North America and
Latin America, the world's largest
space-related market.
According to "Synthetic Aperture Radar (SAR) Market Report,
2024-2032," published by Global Market Insights, the market size of
SAR in North America, primarily
driven by the U.S., is expected to reach 9,625 USD million in 2023 and grow at
approximately 10% per year, reaching 19,569 USD million by
2030.
The new USA subsidiary will
serve as the hub for Synspective's regional operations, focusing on
delivering advanced SAR technology solutions for sectors such as
national and homeland Security, infrastructure monitoring, disaster
response, human security, and environmental management. The company
aims to enhance its partnerships with key local stakeholders,
provide valuable insights to support decision-making processes, and
offer impactful solutions.
Comments from CEO, Dr. Motoyuki
Arai
"We are excited to expand our global footprint
and establish a presence in the United
States, a key market for the space and technology
industries. This move demonstrates our commitment to advancing our
mission of delivering actionable insights through satellite data.
We intend to proactively invest, as expanding our business
contributes to the U.S. economy. By opening a subsidiary in the
U.S., we aim to foster closer collaboration with local businesses
and governments, ensuring that our innovative SAR solutions are
readily available to address the unique challenges and
opportunities within the region."
Comments from Representative of Synspective USA, Inc., Dr. Kumar Navulur
"This is an exciting time for Synspective as we build a strong
foundation in the Americas. We look forward to working closely with
our partners to introduce our advanced SAR technologies and
provide actionable data and insights that can drive positive change
for a sustainable future for the next generation. The U.S.
subsidiary will allow us to better serve clients' needs across
various sectors and play a pivotal role in transforming industries
with our satellite-based solutions."
Profile of Dr. Kumar Navulur
Dr. Kumar Navulur has
over 30 years of experience in the geospatial industry and holds a
Ph.D. in Agricultural and Biological Engineering from Purdue University. He serves on the Board of
Directors of the Open Geospatial Consortium (OGC). He is a Private
Sector Network (PSN) member of the United Nations Committee of
Experts on Global Geospatial Information Management (UN-GGIM).
Previously, he chaired the DigitalGlobe Foundation for five years,
expanding the program to over 500 universities. He holds several
patents in remote sensing and GIS, with extensive expertise in
research and development, product development, and business
development.
About Synspective Inc.
Synspective Inc., founded in 2018, develops and operates
Synthetic Aperture Radar (SAR) satellites and provides SAR data and
analytics solutions. We aim to develop a constellation of
30 SAR satellites by the late 2020s,
allowing us to create a new system that can observe changes
anywhere on Earth. With a SAR satellite constellation that enables
high-frequency and high-resolution Earth observation, Synspective
delivers satellite data and various analytics solutions for
disaster response and management, national security, and
environmental monitoring.
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SOURCE Synspective Inc.