Space42 is a UAE-based, AI-powered SpaceTech company established in 2024, integrating satellite communications, geospatial analytics, and artificial intelligence. It has two business units: Yahsat Space Services and Bayanat Smart Solutions. Space42 focuses on satellite operations, geospatial data processing, and AI-driven solutions, with major shareholders including G42, Mubadala, and IHC.
All verified mentions of this organization in source documents.
The UAE government committed to buy $5,100,000,000 worth of broadband services from Yahsat until at least 2043, mainly from Al Yah 4 and Al Yah 5.
Airbus is currently building the Thuraya 4 geostationary satellite for Yahsat’s mobile connectivity business.
Yahsat shareholders approved a merger between Yahsat and UAE-based geospatial intelligence provider Bayanat in a deal slated to close later 2024 following regulatory approvals.
Yahsat’s LEO order supports Yahsat’s future direction of providing multi-orbit satellite solutions to its customers.
The first synthetic aperture radar satellite from the Yahsat–Bayanat order is slated to launch before the end of June, delayed from the first quarter of 2024.
Al Yah Satellite Communications Company PJSC (Yahsat) has contracted Airbus Defence and Space to build the company’s new geostationary telecommunications satellites Al Yah 4 (AY4) and Al Yah 5 (AY5).
Al Yah 4 and Al Yah 5 are based on Airbus’ Eurostar Neo platform and will eventually replace Yahsat’s Al Yah 1 and Al Yah 2 satellites to provide government communications across the Middle East, Africa, Europe, and Asia.
Yahsat and Airbus signed an Authorization-to-Proceed in 2023-04-01 to commence initial activities for the AY4 and AY5 satellite program.
Yahsat intends the two new LEO satellite platforms to support Yahsat’s future direction of providing multi-orbit satellite solutions to its customers.
Airbus is developing the Thuraya 4 (T4) satellite to serve both Yahsat’s UAE government customer and Thuraya’s customers.
Yahsat and Bayanat ordered seven UAE-focused synthetic aperture radar satellites from Iceye of Finland last year.
Yahsat has a procurement contract with Airbus for Al Yah 4 and Al Yah 5 geostationary satellites scheduled for launch to geostationary orbit in 2027 and 2028 after funding early design work last year.
Yahsat expects to receive $1,000,000,000 of the UAE government commitment in 2024, roughly the amount it expects to spend on the Al Yah 4 and Al Yah 5 spacecraft, ground segment infrastructure, launch, and insurance.
Yahsat ordered a pair of low Earth orbit satellites from Airbus as part of a $1,100,000,000 program for its next two geostationary broadband spacecraft on 2024-06-10.
The LEO satellites for Yahsat will be based on Airbus’ Arrow platform, which is derived from the 150-kilogram spacecraft Airbus helped build for OneWeb’s broadband constellation.
Under the service partner agreement, Yahsat and SATCOM Technologies will seek to secure government projects by offering satellite-enabled connectivity solutions tailored to Zimbabwe’s national requirements and development initiatives.
The launch of the Thuraya 4 satellite expected later 2024 is expected to further expand Yahsat’s coverage and advanced services to the African continent.
WTA presented Tier 4 status to Abu Dhabi Teleport in recognition of Al Yah Satellite Communications Company’s efforts to deliver service at high standards.
Al Yah Satellite Communications Company’s Abu Dhabi Teleport was awarded the World Teleport Association’s Tier 4 Certification.
Yahsat’s appointment of Amit Somani is part of the company’s efforts to implement its wider growth strategy.