SpaceChain & SC Solutions September 2024 Report
ANNOUNCEMENT
LEO satellite mission in Saudi Arabia
SpaceChain has secured a pivotal contract with Saudi Arabia’s SpaceBelt Telecom Services to develop and manage a transformative Low Earth Orbit (LEO) satellite mission. The project, set to be the first of its kind, will generate in-orbit encryption keys, revolutionizing secure communication and data services.
This collaboration represents a major milestone in the Kingdom’s expanding space sector, reinforcing Saudi Arabia’s position as a leader in advanced space technologies and its commitment to driving innovation in the global space economy.
Read the full press release below.
Partnership with CTC to transform sugarcane farming
SC Solutions has partnered with CTC — Centro de Tecnologia Canavieira, a leader in sugarcane biotechnology, to revolutionize farming practices using advanced AI technology. This collaboration combines AI and engineering expertise to set new standards in the agricultural sector, bringing significant benefits to sugarcane producers and the wider farming community.
Read the full press release below.
BUSINESS DEVELOPMENT
Successful engagement at 2024 Climate Week NYC
From September 22 to 29, CEO Cliff Beek joined over 600 global leaders and innovators at Climate Week in New York. The event provided a platform for meaningful discussions, driving real climate action.
Cliff concluded a successful week by engaging in conversations about technology’s role in global sustainability with Dr. Khaled Al-Abdulkader and the leadership of the National Center for Vegetation Cover Development and Combating Desertification (NCVC). Discussions focused on a shared mission to protect forests, preserve plant genetic resources, and enhance vegetation across diverse environments in the Kingdom.
Sugarcane farming made easier with AI
How can you boost sugarcane farm efficiency? SC Solutions is transforming the industry using satellite data and AI technology. Our machine learning models offer precise yield predictions and optimized crop management strategies, helping farmers turn data into action for better productivity and results.
Watch the video to learn more about our innovative technology and how we can help sugarcane farmers boost yields.
COMMUNITY ACTIVITIES
Celebrating our latest launch mission
In September, CEO Cliff Beek welcomed Hooshang Kaen, Senior Advisor of Galactic Sat Ventures, to Washington, D.C., to mark the launch of SpaceChain’s latest mission. The meeting highlighted the ongoing collaboration and shared vision between the two organizations as they continue to push the boundaries of space technology and innovation.
Transform agriculture with our technology
Did you know that IoT and AgriTech are reshaping modern agriculture? SC Solutions is at the forefront, leveraging Earth Observation (EO) data and machine learning to provide critical insights for precision farming.
Our AI-driven analysis enables real-time crop monitoring, yield predictions, and effective resource management, allowing farmers to make informed, data-backed decisions that save resources and enhance sustainability.
With IoT’s growth projected to reach $2,227 billion by 2028, SC Solutions’ contributions in AgriTech bring clarity and foresight to every aspect of farming, from soil health to satellite monitoring.
Curious to learn more? Read the full news article here.
TECHNICAL PROGRESS
Testing the handheld device
The technical team made significant strides in the testing and development of the SpaceChain handheld device during its second phase. The focus was on comprehensive testing and refining processes to enhance the device’s functionality and performance.
Preparing the space node
The team is preparing to deploy a new space node in a small satellite. This key encryption project on a Low Earth Orbit (LEO) satellite is in its initial stages, with hardware selection and satellite communication design still in progress.
Check out our monthly report every first week of the month for SpaceChain’s latest news and progress.