Remote sensing satellite project: VTT Global and SUPARCO collaborate on roadmap strategy
This satellite launch will unlock transformative impact across Pakistan's economic resilience, fiscal planning, space innovation, data sovereignty, and development priorities, anchoring the nation's place in the emerging global geospatial ecosystem.
Designed through VTT's multidisciplinary approach, the project integrates legal, financial, and technical frameworks to ensure strategic alignment with Pakistan's Vision 2025, National Space Policy 2023, and Sustainable Development Goals (SDGs) 2015.
Space technology: PM expresses his desire to enhance ties with China
Based on the proposed model for public-private partnerships, investment mechanisms, and regulatory pathways, the project has vast potential. It can catalyse entrepreneurial advancement and drive Pakistan's long-term economic sustainability.
Moreover, with enhanced access to real-time, high-resolution satellite data, the initiative promises wide-ranging implications. These include agricultural optimisation, climate adaptation, national security, urban planning, and disaster risk management.
Ultimately, this initiative positions Pakistan to build a self-sustaining, space-enabled knowledge economy by reducing dependence on external systems and contributing to long-term GDP growth through sovereign geospatial intelligence.
Copyright Business Recorder, 2025
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Express Tribune
3 hours ago
- Express Tribune
Pakistan to launch remote sensing satellite from China today
Listen to article Pakistan's latest remote sensing satellite is set to be launched into space early Thursday morning, marking a significant step forward in the country's space research and disaster management capabilities. The launch is scheduled to take place between 6:30 am and 7:15 am (Pakistan Standard Time) from China's Xichang Satellite Launch Center, according to the Pakistan Space and Upper Atmosphere Research Commission (SUPARCO). This new satellite is designed for research and earth observation, and will provide critical support in monitoring natural disasters such as floods, landslides, earthquakes, glacier melting, and deforestation. It will enhance the country's capacity for early warning and effective disaster response. Read More: Pakistan eyes improved disaster response with new satellite Beyond disaster management, the satellite will aid in agricultural monitoring, urban planning, infrastructure development, and mapping of transportation networks. It will also serve as a valuable tool in tracking environmental changes and supporting major national initiatives like the China-Pakistan Economic Corridor (CPEC) by identifying geographical hazards and enhancing resource management. SUPARCO stated that the satellite aligns with Pakistan's National Space Policy and the Vision 2047 roadmap, which aims to elevate the country into the ranks of technologically advanced nations through innovation in space technology. In a parallel development, India's space agency ISRO (Indian Space Research Organisation) launched its own satellite on Wednesday evening from the Satish Dhawan Space Center in Sriharikota. Dubbed "NISAR", this satellite is focused on studying ecosystems, climate patterns, and natural hazards. Pakistan's remote sensing satellite, SUPARCO says, represents a milestone in strengthening the country's research-based satellite infrastructure and signifies a commitment to peaceful space exploration and technological advancement.
Business Recorder
16 hours ago
- Business Recorder
Pakistan's Systems Limited acquires British American Tobacco's IT arm
In a major strategic move, Systems Limited, one of Pakistan's largest software firms, has acquired British American Tobacco SAA Services (Private) Limited from British American Tobacco International Holdings (UK) Limited. The listed software firm shared the development in a notice to the Pakistan Stock Exchange (PSX) on Wednesday. 'We hereby wish to inform you that Systems Limited in its board meeting dated 29th July 2025 considered and approved the acquisition of British American Tobacco SAA Services (Private) Limited from British American Tobacco International Holdings (UK) Limited,' read the notice. The principal line of business of British American Tobacco SAA Services (Private) Limited is to establish and provide services related to, inter alia, Information Technology (IT) and IT-led shared and digital business services. Pakistan's Systems Limited explores acquisition in IT and ITES sector This includes, but is not limited to, consumer/ customer services through Omni channel contact centre, marketing operations, HR operations, finance operations, procurement and supply chain related services to various geographies, a segment that aligns with Systems Limited's business process outsourcing (BPO) focus. A formal Share Purchase Agreement (SPA) was signed on 29th July 2025, outlining the terms and purchase price. 'The completion of the acquisition transaction will remain subject to satisfaction of conditions precedent and applicable regulatory approvals,' read the notice. In parallel, Techvista Systems (UAE), an associated company of Systems Limited, has signed a multi-year Master Services Agreement with Accenture (UK) Limited for the provision of AI-powered global shared services. These services will be delivered through British American Tobacco SAA Services (Private) Limited, where Techvista will act as a subcontractor. This is 'a bold step by Systems Limited to expand its global footprint and strengthen its BPO and digital services business,' stated Mohammed Sohail, CEO of Topline Securities, in a note.
Business Recorder
17 hours ago
- Business Recorder
OM International to acquire majority stake in Grays Leasing
Grays Leasing Limited announced on Wednesday that it had received a firm intention from OM International Private Limited to acquire up to 75.43% (16,217,566 ordinary shares) of the company. The company disclosed the development in a notice to the Pakistan Stock Exchange (PSX) today. OM International Private Limited intends to control the Grays Leasing, 'beyond the thresholds prescribed under section 111 of the Securities Act, 2015'. 'This intention has been notified to the board of directors of the Target Company on 29 July 2025,' the notice read. Grays Leasing Limited is a public limited company incorporated in Pakistan under the Companies Ordinance, 1984 (Now Companies, 2017). It is engaged in the leasing business and has been classified as a Non-Banking Finance Company (NBFC).
