➀ Iceye and Space42, a UAE-based AI space company, have announced a joint venture to manufacture SAR satellites in the UAE. The JV aims to meet the growing demand for SAR satellite imagery. The partnership builds upon their previous collaboration for the UAE-made Foresight constellation satellites. ➁ The JV will enhance Iceye's global reach and impact by manufacturing advanced SAR technologies in the UAE. ➂ Space42 emphasizes the role of AI and the importance of building the UAE's industrial base through this partnership.