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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YahSat’s Al Yah 3 experienced an off-course Ariane 5 launch in 2018 that generated a $115,000,000 claim.
Konnect Africa began service in late 2018 using leased capacity on Yahsat’s Al Yah 3 satellite.
The new Hughes–Yahsat joint venture will use more than 65 gigabits per second of Ka-band capacity supplied from Yahsat’s Al Yah 3 satellite and Hughes’ leased payloads on Eutelsat’s 65 West A and Telesat’s Telstar-19 Vantage satellites.
Hughes invested $100,000,000 in its first joint venture with Yahsat for a 20 percent stake.
Hughes is expanding in Africa through a joint venture with Emirati satellite operator Yahsat that began operations in late 2018.
Hughes invested $100,000,000 in the joint venture with Yahsat, and Yahsat contributed $60,000,000 from an insurance claim on Al Yah 3.
Yahsat, a UAE-based satellite operator that operates three geostationary satellites, acquired Thuraya in 2018.
Yahsat plans to order two replacement satellites for Thuraya by the end of 2019 to continue Thuraya’s L-band connectivity service.
Hughes made a $100,000,000 investment in an Africa-focused joint venture with Yahsat in 2019.
Yahsat began offering service in Brazil and five African nations with Al Yah 3.
Yahsat and Hughes Network Systems are seeking regulatory approval for a joint venture to offer Ka-band broadband service in Africa, the Middle East, and southwest Asia.
On 2018-09-10, Hughes planned to create a joint venture with Emirati fleet operator Yahsat to serve the Middle East, Africa, and Southeast Asia.
Hughes Network Systems plans to contribute $100,000,000 for 20 percent ownership of the Yahsat-Hughes joint venture.
The Yahsat-Hughes joint venture will establish hotspots to provide internet access to people outside served locations.
Yahsat operates three satellites serving the Middle East, Africa, and Latin America.
Etisalat sold its Thuraya shares to a YahSat company called Star Satellite Communications Company following completion of regulatory approvals and YahSat’s condition of acquiring at least 75.001% of Thuraya.
YahSat operates a fleet of three satellites that provide television broadcast and data connectivity services in Europe, the Middle East, Africa, and Brazil.
Etisalat sold its 28 percent stake in satellite operator Thuraya to YahSat for $37,000,000.
Eutelsat will launch its African broadband service using 10 Gbps of capacity on Yahsat’s Al Yah 3 satellite.
Al Yah 3 arrived at its orbital slot slightly earlier than YahSat had predicted after its January Ariane 5 launch sent the satellite into an off-nominal geostationary transfer orbit.