Naraspace Teams Up with Indonesian State-owned Satellite Firm to Enter Southeast Asian Market

Collaboration with Telkomsat for Earth Observation Data Business
Targeting Disaster Response and Environmental Analysis Markets

Naraspace Technology (Naraspace) is joining forces with a satellite specialist affiliated with Indonesia’s state-owned telecommunications group to target the Southeast Asian earth observation data market.

Naraspace announced on May 14 that it has signed a memorandum of understanding (MOU) with PT Telkom Satelit Indonesia (Telkomsat) in Jakarta to collaborate on satellite-based earth observation and data analytics solutions.

Kim Min-sik, Head of Business Development at Nara Space (left), and Anggoro K. Widiawan, Chief Development Officer (CDO) of Telkomsat, are posing for a commemorative photo after signing an agreement. Provided by Nara Space

Telkomsat is a satellite-specialized subsidiary under Indonesia's state-owned telecommunications group, PT Telkom Indonesia. Recently, it has been expanding its business beyond traditional satellite communications to include the earth observation sector.

Through this agreement, the two companies will jointly pursue the development of satellite-based earth observation technologies and data analytics service businesses. They also plan to consider establishing local infrastructure such as ground stations, data processing systems, and data distribution platforms, as well as commercializing value-added data services.

In particular, the companies intend to expand the use of satellite data in areas with high local demand, including disaster response, maritime and forest monitoring, infrastructure management, and environmental and climate analysis.

Indonesia, comprising over 17,000 islands, is considered a market with strong demand for satellite-based communications and earth observation. Across Southeast Asia, the satellite data utilization market is also growing rapidly, driven by increasing needs related to urbanization and climate change response.

Lee Jeongkyu, Director of Business at Naraspace, stated, "Indonesia is a market with exceptionally high demand for satellite data utilization. With this collaboration, we aim to expand our satellite data services not only in Indonesia but also across the entire Southeast Asian region."

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