UAE invests $1 billion in space AI company Loft Orbital, will deploy 50 AI satellites

Odaily News The UAE will invest $1 billion through Marlan Space, a subsidiary of International Holding Company (IHC), in Loft Orbital, a space AI startup co-founded by France and the United States, to build an observation satellite constellation consisting of 50 satellites equipped with AI capabilities. Unlike traditional satellites that transmit data back to Earth for analysis, the company plans to use AI directly in space to process images, video, and measurement data collected by the satellites, with AI agents capable of identifying anomalies and issuing alerts within seconds. (lemonde)