Planters International Berhad Go Ahead RM100mil 10-years IoT Capable Satellite Development for Forest Conservation Efforts
Kuala Lumpur - December 7th, 2023 - Planters International Berhad reached a pivotal milestone today at the Malaysian Space Agency (MYSA), marking an unprecedented leap forward in their relentless dedication to forest conservation. A significant stride was made with the official signing of a project development contract between Planters International Berhad and SpaceIn Sdn Bhd, signalling the initiation of a revolutionary IoT Capable Satellite Development Program aimed at enhancing their conservation endeavours.
The agreement solidified at the SPACEANT-D Showcase Hi-Tea sets the stage for the launch of an IoT-capable satellite scheduled for Q4 2024. This landmark collaboration is a key component of Planters' ambitious 10-year space program focused on bolstering forest conservation efforts, an endeavour projected at a staggering cost of MYR 100 million.
"This alliance represents a defining moment in our commitment to advancing forest conservation through cutting-edge technology," expressed M Sadruddin, Chairman of Planters International Berhad. "The launch of an IoT-capable satellite in 2024 underscores our steadfast dedication to leveraging innovation in the service of safeguarding our planet's invaluable natural resources."
The SPACEANT-D showcase provided a platform to unveil this monumental partnership, setting the course for an innovative approach to forest management utilizing space technology. The satellite, a
product of this collaboration, is anticipated to revolutionize the monitoring and preservation of global forests, positioning Planters International Berhad at the forefront of sustainable conservation practices.
This initiative reinforces Planters' unwavering commitment to environmental stewardship, ushering in a new era of precision, data-driven conservation practices in line with their mission to protect and nurture our planet's vital ecosystems.
