.jpg)
1 hour ago
3
Article content
TOKYO — Axelspace Corporation (“Axelspace”), a leading developer and operator of microsatellites dedicated to realizing its vision of “Space within Your Reach,” has made a Memorandum of Understanding (MoU) with Jethi Software Development PLC (“Jethi”), an Ethiopian technology company, to cooperate on addressing social and development challenges through the utilization of satellite-based Earth observation (EO) data.
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
or
Article content
Article content
Article content
Article content
The MoU was signed by Naol Debele, Chief Executive Officer of Jethi, and Yuya Nakamura, President and CEO of Axelspace. The signing ceremony, held in Ethiopia on January 13 (local time), was attended by representatives of the Space Science and Geospatial Institute (SSGI) of Ethiopia, members of the Jethi Board of Directors and invited guests, in an official and protocol capacity.
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
Axelspace positions the expansion of EO data utilization in emerging markets, including Africa, as a key medium- to long-term strategic priority. Through this collaboration, Axelspace aims to support locally driven, data-informed solutions.
Article content
Under the MoU, Axelspace will provide EO data and know-how for its utilization across priority sectors, including agriculture, environmental and forest conservation, disaster risk management and climate resilience, urban planning and infrastructure development. Jethi will lead the establishment of a local framework for EO data utilization in Ethiopia, coordinating with relevant stakeholders to integrate satellite data with local information and institutional requirements. The partnership aims to identify priority challenges, develop scalable solutions that combine EO data with local information, and foster the growth of a sustainable ecosystem for satellite data utilization in Ethiopia.
Article content
Axelspace is participating in the “Emerging Countries Working Group”, which was launched in 2024 by Cross U, a general incorporated association, to promote space business co-creation between Japan and African countries.
Article content
“With the economic development of emerging countries, including those in Africa, the demand for satellite data utilization is expected to increase significantly,” said Yuya Nakamura, President and CEO of Axelspace. “We will work to build win-win relationships that create new value with local public and private sector partners, leveraging Japan’s advanced technological capabilities and expertise to contribute to the long-term development of a platform for satellite data utilization.”
Article content
Article content
Article content
Article content
View source version on businesswire.com:
Article content
Article content
Article content
Contacts
Article content
Media Contact
Article content
Article content
Axelspace Holdings Corporation
Article content
Article content
E-mail:
Article content
Article content
Article content
English (US)