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.
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The D2D initiative is one of the first major service rollouts following the October 2024 merger of Bayanat and Yahsat to form Space42.
Space42 is a joint venture with Bayanat under the G42 umbrella of businesses.
Bayanat’s geospatial solutions serve government services, environment, energy and resources, smart cities, and transportation sectors.
Space42 and Viasat formed the Equatys joint venture for direct-to-device cellular reception.
Space42 and Viasat are close to issuing a contract for a 2,800-satellite low Earth orbit mega-constellation targeted for service in 2029-2030.
Space42 expects the added consumer cost for access to the Equatys fleet to be about 5 percent of a user’s typical phone bill.
Space42 owns the Al-Yah/Yahsat satellites and the Thuraya spacecraft.
Bayanat and Yahsat merged in December 2023 to create the MENA region’s first AI-powered space technology company with global reach.
Bayanat’s solutions use data from Synthetic Aperture Radar satellites, optical satellites, high-altitude pseudo satellites, and conventional mapping and surveying systems powered by AI.
Yahsat beams signals to more than 150 countries across Europe, the Middle East, Africa, South America, Asia, and Australia.
Bayanat’s offerings include geospatial and mobility solutions, satellite communications, and business intelligence.
Space42 is headed by Karim Michel Sabbagh, who previously served as CEO of SES.
Space42 is a publicly listed company in the UAE space sector.
Space42 plans a massive scale-up with ICEYE radar satellites.
Space42 is seeking a contract for its 2,800-satellite Equatys direct-to-device constellation.
Space42 is a UAE-based satellite telecom and geospatial services provider.
Space42 expects Equatys service to begin in 2028 or 2029.
Space42 combines satellite communications, geospatial intelligence, and AI capabilities for the UAE.
Space42 has committed $600 million in capital expenditure for the 2026–2027 period to start building the Equatys constellation.
Space42 is the UAE-based AI SpaceTech company formed by the merger of Bayanat and Yahsat.