BEIJING – China will launch 90 satellites into space for Argentine company Satellogic, which plans to build an Earth observation network, official state news agency Xinhua reported on Friday.
China Great Wall Industry Corporation (CGWIC), which signed the agreement with Satellogic, will send 13 satellites into orbit on a Long March-6 rocket from the Taiyuan Satellite Launch Center later this year.
It will be first time a Long March-6 is used by a foreign client.
“The 90 spacecraft ... will form an Earth Observation Satellite Constellation that will remap the planet at one meter of resolution every week,” CGWIC said in a statement.
Satellogic and CGWIC and have already jointly launched six satellites into space, Xinhua said.
“We want to help solve the world’s most pressing problems by building an accurate and up-to-date picture of our planet and the many forces that reshape it everyday,” Satellogic Founder and CEO Emiliano Kargieman said in the statement.
Satellogic manufactures and manages satellites that capture high-resolution images of the Earth’s surface and obtains information for industries including agriculture, forestry, oil and gas, and finance and insurance that helps, for example, farmers monitor the evolution of meteorological phenomena or improve productivity of their crops.
It can also help energy companies identify potential accidents or leaks at points in the supply network and insurers to check the extent of natural disasters.