Loft Orbital Signs $1B Deal with UAE's Marlan Space for AI Satellites
Summary
Loft Orbital has reached a billion-dollar deal with UAE-based Marlan Space to build an AI-powered satellite constellation.
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Space technology venture Loft Orbital has secured a major agreement valued at one billion dollars with United Arab Emirates-based firm Marlan Space.
Under the partnership, the companies will work together to build and deploy a dedicated satellite constellation powered by artificial intelligence. The agreement marks a substantial international collaboration aimed at integrating advanced AI infrastructure into orbital platforms.
Source: Sifted
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