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Commercial Satellite Imaging Market Analysis by Emergen Research: Key Trends and Future Outlook

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Vancouver, Aug. 09, 2023 (GLOBE NEWSWIRE) — Emergen research is one of the pioneers in providing strategic insights for emerging and disruptive technologies which are supposed to show exponential growth in the near future., has released a report that delves deep into the dynamic landscape of the Commercial Satellite Imaging Market. As organizations across industries strive to gain a competitive edge and make informed decisions, the Commercial Satellite Imaging Market offers invaluable insights that are poised to revolutionize various sectors.

Commercial Satellite Imaging involves the utilization of cutting-edge satellite technology and data analysis to provide actionable insights, facilitate informed choices, and optimize various processes related to geospatial data collection and analysis. This encompasses the examination of satellite-derived information, including imagery, data trends, spatial analysis, and risk assessments, to enhance operational efficiency, geographical understanding, and overall performance within organizations.

Based on the Emergen Research report, the global Commercial Satellite Imaging Market is anticipated to achieve a market valuation of USD 10.84 Billion by 2032, registering a noteworthy CAGR of 11.3% over the forecast period. The report provides an in-depth exploration of market segmentation, encompassing aspects such as market size, market share, and growth rate across distinct segments.

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Scope of Research

Report Details Outcome
Market Size in 2022 USD 3.70 Billion
CAGR (2023–2032) 11.3%
Revenue Forecast To 2032 USD 10.84 Billion
Base Year For Estimation 2022
Historical Data 2019–2021
Forecast Period 2023–2032
Quantitative Units Revenue in USD Billion and CAGR in % from 2023 to 2032
Report Coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments Covered Component, deployment mode, organization size, and vertical
Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Country Scope U.S., Canada, Mexico, Germany, UK, France, Spain, BENELUX, Rest of Europe, China, India, Japan, South Korea, Rest of APAC, Brazil, Rest of LATAM, Saudi Arabia, UAE, Israel, and Rest of Middle East & Africa
Key Companies Profiled L3Harris Technologies, Inc., Galileo Group, Inc.., Maxar Technologies, European Space Imaging, Telespazio France, ISI, SpaceKnow, Planet Labs PBC, Blacksky, and Capella Space
Customization Scope 10 hours of free customization and expert consultation

Major Companies and Competitive Landscape

The global commercial satellite imaging market is fragmented, with many large and medium-sized players accounting for the majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective database security. Some major players included in the global commercial satellite imaging market report are:

  • L3Harris Technologies, Inc.
  • Galileo Group, Inc.
  • Maxar Technologies
  • European Space Imaging
  • Telespazio France
  • ISI
  • SpaceKnow
  • Planet Labs PBC
  • BlackSky
  • Capella Space

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Strategic Development

On 1 February 2022, Satellogic Inc., a pioneer in the collecting of sub-meter resolution satellite images, announced a new collaboration with Palantir Technologies Inc., a leading developer of operating systems for the contemporary industry. Satellogic will use Palantir’s Foundry platform to accelerate business processes, picture product delivery, Artificial Intelligence (AI) model training, and enterprise-wide data integration under the terms of the deal. Palantir’s government and commercial clients will be able to leverage the Aleph platform APIs from Satellogic to fuel their use of Palantir’s MetaConstellation and Edge AI capabilities. The strategic agreement announced is intended to expedite the capabilities that both companies can offer to clients in the field by integrating industry-leading technology in satellite imagery, Edge Artificial Intelligence (AI), and machine learning.

What Drives the Commercial Satellite Imaging Market?

The rapid expansion of the Commercial Satellite Imaging Market is primarily attributed to several key drivers. One of the primary catalysts is the escalating demand for precise geospatial information across industries, driving organizations to seek reliable and high-resolution satellite imagery for various applications. Such imagery aids in urban planning, environmental monitoring, agriculture, disaster management, and infrastructure development.

Moreover, the growing volumes of geospatial data coupled with the intricacies of manual analysis have accentuated the necessity for automated and centralized solutions. Commercial satellite imaging technology offers advanced tools for efficient data collection, integration, and analysis, enabling organizations to harness vast datasets to their advantage.

In an era of global connectivity, maintaining an effective surveillance network for diverse parameters like security, environmental changes, and infrastructure growth is crucial. Commercial satellite imaging solutions facilitate real-time monitoring and actionable insights for improved decision-making and operational efficiency.

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What Challenges Constrain the Commercial Satellite Imaging Market?

While the Commercial Satellite Imaging Market exhibits immense growth potential, it is not devoid of challenges. A significant hurdle is the need for continuous technological integration between satellite imaging systems and various operational platforms. Seamless integration ensures streamlined access to geospatial data, avoiding data silos and promoting holistic insights.

Furthermore, adoption barriers might arise for smaller enterprises that lack access to comprehensive geospatial data. The application of advanced analytics techniques such as machine learning and AI could be limited due to the scale of available data.

Addressing data security and privacy concerns remains critical. As more sensitive geospatial data is collected and transmitted digitally, robust measures need to be in place to safeguard customer trust and secure data transmissions.

Unveiling Geographic Patterns in the Commercial Satellite Imaging Market

North America, particularly the United States, dominates this market due to the presence of major satellite imaging companies and government agencies. The region’s advanced aerospace and technology sectors, along with applications ranging from agriculture to defense, contribute to its substantial share in the market.

In Europe, countries like France, Germany, and the United Kingdom play a significant role in the commercial satellite imaging market. These countries have well-established space agencies and a growing interest in Earth observation for urban planning, environmental monitoring, and disaster management. The European market benefits from collaborations between governmental agencies and private satellite imaging providers.

Asia Pacific is rapidly emerging as a key player in the commercial satellite imaging industry. Countries like China and India are investing heavily in their space programs, leading to an increase in satellite launches and the development of their imaging capabilities. The region’s focus on infrastructure development, disaster response, and agriculture is driving the demand for satellite imagery.

Latin America and the Middle East & Africa regions are also witnessing a gradual but steady growth in the commercial satellite imaging market. These regions are exploring applications such as resource management, environmental monitoring, and border surveillance. Increasing awareness about the benefits of satellite imagery and a growing interest in data-driven decision-making contribute to the market’s expansion.

Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/commercial-satellite-imaging-market

Segments Covered in Report

For the purpose of this report, Emergen Research has segmented the global commercial satellite imaging market on the basis of application, vertical, and region:

  • Application Outlook (Revenue, USD Billion; 2019–2032)
      • Defense and Security
        • Intelligence, Surveillance, and Reconnaissance (ISR)
          • Border and Coastal Surveillance
          • Monitoring Military Activities
          • Threat Assessment
        • Counterterrorism and Law Enforcement
          • Identifying Potential Threats
          • Tracking Criminal Activities
          • Border Control and Monitoring
        • Maritime Domain Awareness
          • Tracking Maritime Traffic
            • Vessel Tracking and Identification.
            • Traffic Pattern Analysis
            • Port and Harbor Monitoring
  • Vertical Outlook (Revenue, USD Billion; 2019–2032)
    • Government
    • Agriculture and Forestry
      • Crop Monitoring and Yield Prediction
      • Forest Mapping and Management
    • Engineering and Construction
      • Site Selection and Analysis
      • Construction Monitoring
      • Infrastructure Planning
    • Transportation and Logistics
    • Others
  • Regional Outlook (Revenue, USD Billion, 2019–2032)
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • U.K.
      • France
      • Spain
      • BENELUX
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Rest of APAC
    • Latin America
      • Brazil
      • Rest of LATAM
    • Middle East & Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Rest of MEA
      • Cartography and GIS
        • Map Creation and Updating
          • Land Cover Classification
          • Georeferencing and Mosaicking
          • Map Revision and Maintenance
        • Geographic Information System (GIS) Data
          • Spatial Data Integration
          • Attribute Data Analysis
          • Geocoding and Georeferencing
        • Boundary Delineation
          • Spatial Data Integration
          • Attribute Data Analysis
          • Geocoding and Georeferencing
      • Urban Planning and Infrastructure
        • Land-Use Planning
          • Population Density Mapping
          • Urban Expansion Analysis
          • Infrastructure Demand Estimation
        • Construction Site Monitoring
          • Progress Monitoring
          • Site Analysis and Planning
          • Safety and Compliance Monitoring
        • Traffic Management
          • Congestion Monitoring
          • Road Network Optimization
          • Intelligent Transportation Systems
      • Disaster Management
        • Emergency Response and Recovery
          • Damage Assessment
          • Search and Rescue Support
          • Post-Disaster Recovery Planning
        • Flood Monitoring
          • Flood Extent Mapping
          • Flood Forecasting
          • Vulnerability Assessment
      • Energy and Natural
        • Earth Monitoring
          • Climate Change Analysis
          • Deforestation Tracking
          • Ocean and Coastal Monitoring
      • Others

Closing Statement

The Commercial Satellite Imaging Market is on the brink of a transformative journey, propelled by the escalating need for geospatial accuracy, informed decision-making, and operational optimization. By embracing cutting-edge satellite imaging technologies and data-driven insights, organizations are poised to revolutionize their strategies across industries. Amid challenges like integration complexities and data security, the industry’s potential benefits – encompassing enhanced spatial understanding, improved resource management, and informed strategic choices – drive the Commercial Satellite Imaging Market toward a future characterized by dynamic and geospatial excellence. As industry leaders innovate and diversify their offerings, the market is predicted to attain a remarkable valuation of USD 10.84 Billion by 2032, registering a CAGR of 11.3%.

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.

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ComplyCube Unveils No-ID Age Estimation to Address Growing Global Age-Restriction Regulations

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SAN FRANCISCO, Oct. 2, 2023 /PRNewswire/ — ComplyCube, the global Identity Verification (IDV) platform, has launched a new Age Estimation feature to safeguard minors online and protect the vulnerable. The new capability complements its existing IDV-based Age Verification solution, offering an alternative to businesses that require a lower level of identity assurance.

 
 
The AI company says the new solution leverages advanced biometric technology to derive dependable age estimations from a single selfie in seconds. The bias-tested algorithm also examines the selfie for liveness signals to prevent presentation attacks, including screen replays, 3D masks, and deepfakes.
Furthermore, the new service boasts privacy-by-design capabilities, such as configurable automatic redaction for selfies customizable per jurisdictional regulations or use cases. This makes the service ideal for seamless age-gating across the globe while adding an extra layer of protection against spoofing.
“Our multi-step pipeline and data-centric approach have enabled us to tackle ethnic, genetic, age, and gender variance to provide our clients with a fair and robust age estimation,” explains Harry Varatharasan, Chief Data Scientist of ComplyCube.
The introduction of the new features comes as concerns mount over the ease with which minors can access inappropriate digital content. While some age-verification measures have been put in place, they are disturbingly simple to evade, especially when they are based solely on entering a birth date or are vulnerable to Virtual Private Network (VPN) manipulation. A UK-based study reports that 23% of minors say they can easily sidestep such VPN limitations, while another study highlights that a staggering 56% of children aged 11 to 16 have encountered explicit material online.
In response to these growing concerns, various jurisdictions are introducing robust regulatory frameworks aimed at mandating more rigorous age-verification procedures to enhance the safety of minors online. Key legislative efforts include the UK’s Online Safety Bill, the European Union’s Digital Services Act, and California’s Age-Appropriate Design Code Act. These laws aim to establish stricter guidelines and obligations for digital platforms, thereby creating a safer online environment for younger users.
Dr. Tarek Nechma, CEO of ComplyCube, adds that “the launch of our Age Estimation feature emphasizes our pledge to ensure that minors are shielded from content beyond their years while streamlining user experience for all and building trust at scale.”
Beyond its primary goal of safeguarding children online, the feature provides additional benefits to companies operating in regulated industries that fall under a lower level of scrutiny than financial institutions. Dating apps, e-commerce, gambling, gaming, and similar businesses can now:
Enhance User Experience: Age estimation streamlines age checks, promoting faster onboarding and better retention.Simplify Regulatory Adherence: Industries can effortlessly meet age-specific regulations, safeguarding their reputation and reducing legal risks.Ensure Data Minimization and Privacy: Estimating age masks or limits sensitive data collection, aligning with top-tier data protection standards.ComplyCube’s new Age Estimation solution offers a more streamlined approach to age verification. By reducing obstacles for users and enhancing conversion rates, it brings a balance of efficiency and trust. The one-stop-shop IDV platform also underscores its commitment to responsible digital interactions, especially when it comes to safeguarding minors.
About ComplyCube
ComplyCube is a top-tier SaaS platform specializing in Identity Verification (IDV), Anti-Money Laundering (AML), and Know Your Customer (KYC) compliance. It serves a diverse client range spanning financial services, telecommunications, transport, healthcare, e-commerce, cryptocurrency, FinTech, and more.
ComplyCube’s platform, which is ISO-certified and has received multiple awards, prides itself on offering the quickest omnichannel integration available in the market. Its Low/No-Code solutions, API, Mobile SDKs, Client Libraries, and CRM Integrations make this possible.
Visit www.complycube.com to learn more.
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UNLEASH World Returns to Showcase Fortune 500 Companies Transforming the Future of Work

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From startups to the Fortune 500, the event will showcase the leaders and technologies changing the world of workSpeakers include senior HR and business leaders such as L’Oréal Deputy CEO, Barbara Lavernos, JB Academy Founder, Josh Bersin, Spotify CHRO, Katarina Berg, and Sodexo CHRO, Annick de Vanssay, as well as England Rugby legend, Jonny Wilkinson CBEImagine a future where the boundaries of HR are redefined, and business is transformed. That future becomes a reality this year at UNLEASH World 2023, as 5000+ HR leaders from 100+ countries will arrive for the industry gathering of the yearLONDON, Oct. 2, 2023 /PRNewswire/ — UNLEASH, the fastest-growing HR events across Europe and the US, returns to Paris for its 11th year on 17-18 October, 2023. Organised by UNLEASH, a global digital media and events business dedicated to HR, technology, learning and recruitment leaders, the flagship UNLEASH World conference has been the epicentre for HR, recruitment, learning expertise and tech influence for the last decade. This year, it returns to explore the transformative power of technologies such as AI in shaping the future of work.

Set across 12 theaters, UNLEASH World attendees will hear from visionary keynote speakers including CEOs from L’Oréal, Aliaxis and Roullier Group, CHROs from Airbus, Spotify and Sodexo, and Rugby legends, Jonny Wilkinson, CBE and Serge Betsen. With a diverse range of keynote speakers, interactive sessions, and networking opportunities, UNLEASH World provides cutting-edge insights and best practices for everyone – from CEOs to HR leaders and executives.
“UNLEASH is the most influential HR event in the world, where attendees are given the opportunity to meet the who’s who of the industry from some of the most exciting brands and employers in the world – under one roof, over two days of face-to-face meetings,” said Marc Coleman, CEO and Founder at UNLEASH. “Massive thanks too to our Headline Sponsors who are the heartbeat of the HR Industry and help ensure UNLEASH is the go-to global event for HR Leaders, including: AWS, Bob, Deloitte, Eightfold, Phenom, Qualtrics, SAP SuccessFactors, Visier, Workday, and Workhuman”.
Through keynotes on the main stage and further breakout stages, attendees will gain on some of the most pressing topics including:
Creating an Exponential Organization in the Modern EraThe Adaptive Enterprise – HR Technology in the Age of AITech & Human Harmony in a Hyper-Connected WorldHarnessing the Power of Resilience and ReinventionMastering Employee Connection and the Social Contract in Today’s Talent LandscapeThe speaker roster itself is star-studded with 200+ of the best in the HR industry with speakers including:
Jean-Claude Le Grand, CHRO, L’OréalKatarina Berg, CHRO, SpotifyJosh Bersin, Founder & CEO, The Josh Bersin CompanyNatalia Wallenberg, CHRO, Ahold DelhaizeSalim Ismail, Founder, OpenExOAnika Grant, CPO, UbisoftThierry Baril, CHRO, AirbusBeatriz Rodriguez, Chief Talent and DEIB Officer, BayerReza Moussavian, VP of People Products, ZalandoMaud Alvarez-Pereyre, Chief People & Transformation Officer, LVMHAndrew Elston, Global Head, Workforce Strategy Enablement, HSBCLaura Hingel, Global Head of Talent & Employer Branding, Christian DiorHenrik Hansen, VP Global Head of Integrated People Services, PhilipsDenise King, Vice President, Global Benefits and Payroll, MedtronicArtur Nejmark, Head of HRIS Operations, Volvo GroupIntroducing the UNLEASH World Startup Program: A veritable launchpad for trailblazing entrepreneurs in the HR and Future of Work. UNLEASH has been the launchpad for the future of HR Tech, this high-impact platform has already seen its network of startups raise an astounding €10 billion in funding. 2023 UNLEASH World Startup Award offers an unparalleled opportunity for early-stage companies to break through. Established in 2011, this accolade has proven to be more than just a trophy; it’s a gateway to funding and exponential growth. Our last four champions and runner-up’s secured game-changing funding within months. Those interested in entering the award can find out more here.
For more information, including the agenda and how to register for the event, visit https://www.unleash.ai/unleashworld.
About UNLEASH
UNLEASH is the go-to marketplace for human resources and breakthrough technologies that shape the future of work, and is an essential source of news, analysis and market trends that inspire and empower organisational leaders worldwide. UNLEASH is a platform to share ideas that work, network and do business, and its mission is to be the world’s number one destination and marketplace for human resources, recruitment and learning leaders globally. UNLEASH is headquartered in London, UK with operations across Europe and the United States.

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BACARDÍ® RUM TO LAUNCH THE FIRST A.I. POWERED ALBUM PRODUCED BY GRAMMY WINNER BOI-1DA

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The latest evolution of the iconic rum brand’s Music Liberates Music programme will use cutting-edge generative A.I. software to give a global collective of artists including UK singer/songwriter Bellah access to Boi-1da’s best-in-class production talent. 
HAMILTON, Bermuda, Oct. 2, 2023 /PRNewswire/ — Continuing its mission to support emerging talent, BACARDÍ and Grammy Award-winning producer Boi-1da are once again partnering to launch this year’s evolution of the longstanding ‘Music Liberates Music’ programme: The A.I. Powered Album. Dropping this November, The A.I. Powered Album will champion works by five global up-and-coming artists in a one-of-a-kind project exploring how A.I. can be positively leveraged to provide emerging talent unprecedented opportunities. For the first time since the campaign’s inception, each artist will have the opportunity to try out multiple demos with Boi-1da’s star-powered beats, using a generative A.I. trained on the award-winning producer’s sound, to ultimately finalise one incredible track. Together, the tracks will be offered to fans as the first-ever A.I. powered EP produced by Boi-1da.

 

The A.I. Powered Album will feature tracks from UK-based singer Bellah as well as Ghanian-raised rapper Blackway, American R&B singers Floyd Fuji and Kyle Dion, and Canadian R&B artist Savannah Ré. Over several weeks, each artist will feed their tracks into a state-of-the-art generative A.I. tool, which has been trained on a selection of beats from Boi-1da’s unreleased catalogue and will learn the sounds and cadence of his unique musical style. After submitting their demos to Boi-1da, each artist will work alongside him to refine their works, resulting in the EP’s final set of songs to be released this November.
Bellah, from North London, has a special knack for gliding over classic R&B instrumentals and captivating audiences. With a handful of EPs under her belt, the burgeoning British/Nigerian singer/songwriter has proven why she is at the forefront of the UK R&B industry. In her third and most recent piece, Adultsville, Bellah explores what it means to evolve into a woman in the modern world. It’s the inner page of a journal that, in looking back on her life and work as a whole, she describes as the “most transforming, traumatic, eye-opening, beautiful, and awful chapter of my life.”
With a style that combines traditional R&B with an Afro influence, Bellah’s very likable and sincere lyricism shines just as brightly as her voice. Her British-Nigerian ancestry lends an Afro influence to that unfiltered R&B, a sound that has been praised by Complex and BBC 1Xtra, which named her first hit their Track Of The Week. As a rising star in the music and entertainment industry, she’s already garnered a MOBO nomination, cementing her status as one of the most promising talents in the UK music scene. With over 1 million monthly listeners on Spotify, Bellah has captivated a wide audience with her music.
As with each Music Liberates Music programme, all proceeds from the project will directly benefit the participating artists. All copyright and subsequent revenue from the tracks will remain with the artists and Boi-1da. Fans can enjoy The A.I. Powered Album available for purchase as a limited-edition vinyl as well as for free on streaming platforms, such as Spotify, this November.
“This is the fifth year we’re bringing Music Liberates Music back for artists and fans alike. We’re proud to continually support emerging talent with new resources that fuel creativity and collaboration,” said Laila Mignoni, Global Head of Brand Marketing Communications for BACARDÍ rum. “Ultimately, our goal is to provide opportunity and access to rising artists in the industry, so it’s been exciting to broaden Boi-1da’s capabilities, allowing him to work with multiple artists on multiple tracks, simultaneously as one producer. We know the conversation around AI has been a challenging one, so approaching this project with the utmost respect and protection for the artist was key in developing this new tool. The technology is, and always should be, complementary to each artist’s work and protective of all the creatives involved.”
“I’m thrilled to work with BACARDÍ on this ground-breaking new iteration of Music Liberates Music exploring AI as a tool to enrich human creativity,” says Boi-1da. “One of the most fulfilling responsibilities I have as a producer is to work with up-and-coming talent. Through the A.I. Powered Album, we’ve provided unprecedented access to my personal production style. I’m able to work with an international collective of artists simultaneously, while still honouring their creative autonomy. Music as an art has continually grown thanks to innovative technology, and with AI, I believe we can revolutionise the music industry for good if we view it as a way to provide opportunities that enhance music’s human element, rather than replace it.”
For more information and updates on the launch of The A.I. Powered Album follow @bacardi_uk on all social channels or visit Bacardi.com.
About BACARDÍ® Rum – The World’s Most Awarded Rum In 1862, in the city of Santiago de Cuba, founder Don Facundo Bacardi Massó revolutionized the spirits industry when he created a light-bodied rum with a particularly smooth taste – BACARDÍ. The unique taste of BACARDÍ rum inspired cocktail pioneers to invent some of the world’s most famous recipes including the BACARDÍ Mojito, the BACARDÍ Daiquiri, the BACARDÍ Cuba Libre, the BACARDÍ Piña Colada and the BACARDÍ El Presidente. BACARDÍ rum is the world’s most awarded spirit, with more than 1,000 awards for quality, taste and innovation. Today, BACARDÍ rum is made mainly in Puerto Rico where it is crafted to ensure the taste remains the same today as it did when it was first blended in 1862. http://www.BACARDÍ.com/
The BACARDÍ brand is part of the portfolio of Bacardi Limited, headquartered in Hamilton, Bermuda. Bacardi Limited refers to the Bacardi group of companies, including Bacardi International Limited.
LIVE PASSIONATELY. DRINK RESPONSIBLY.
SOURCE BACARDÍ® Rum©2023. BACARDÍ AND THE BAT DEVICE ARE TRADEMARKS.
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