Synspective, a provider of Synthetic Aperture Radar (SAR) satellite data and analytics solutions, announced the opening of two subsidiaries: Synspective USA HD, a holding company, and Synspective USA, an operating company in the USA.
Synspective USA 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.
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