Hanwha Systems, whose small synthetic aperture radar (SAR) satellite has been in orbit since last December, provided high-quality photographs of a variety of locations on April 18.
The satellite demonstrated its capacity to recognize and monitor significant bridges, rivers, and airports in detail by producing photographs of Central Park and Yankee Stadium in New York and Dubai’s Palm Jumeirah, the biggest manmade island in the world. They came in from 650 kilometres above the surface of the planet.
Hanwha Systems CEO Sung-Chul Eoh stated, “These images, taken by our small SAR satellite, have reaffirmed our technological prowess in the space sector.” “We are dedicated to growing our space business to support the development of numerous domestic and international industries, including satellite manufacturing and related services.”
A private Korean company launched the first tiny SAR satellite of its sort. It has been in a trial run since its launch four months ago, collecting data about the landscape while orbiting the Earth fifteen times a day and communicating with ground stations six times a day.
SAR satellite images have applications in many domains, such as national security, infrastructure development and construction, environmental monitoring, disaster management, and future energy exploration. Because SAR satellites employ microwaves and can see through dense clouds to collect data in all weather situations and at all times of day, they are helpful for these kinds of applications. Additionally, these satellites are able to identify minute variations in the photos over time, which allows them to forecast urban sinkholes or subsidence as well as landslides, and shifts in trade volume.
Hanwha Systems intends to improve its SAR satellite technology in order to obtain pictures that identify finer details, like automobiles and low-rise structures in cities, trees and other vegetation, and marine vessels in the ocean. The business will develop a range of value-added satellite service offerings. This covers data analysis for geographic information system (GIS) mapping, automatic fusion and analysis of satellite images using small SAR satellites, and environmental monitoring through the analysis of high-resolution satellite images for the business-to-government (B2G) and business-to-business (B2B) markets.
The market research firm Allied Market Research projects that the satellite service market will reach $144.5 billion (197 trillion won) in 2026, while the global satellite market is anticipated to grow at a compound annual growth rate of 8.1% through 2032, reaching $615.7 billion (837 trillion won) in that year.
