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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Space42 validated Mira Aerospace high-altitude platform systems (HAPS) for commercial deployment following completion of the Apus Neo test flight.
Space42 leads a Map Africa initiative in partnership with ESRI and Microsoft to enable AI and geospatial capabilities across Africa.
Space42’s Foresight SAR satellites provide 25-centimeter resolution imagery and daily revisit times.
Mira Aerospace is a subsidiary of UAE-based Space42.
Space42 is a company within the SpaceTech sector of the United Arab Emirates.
MIRA Aerospace is a subsidiary of Space42.
Equatys was established by Viasat and Space42 in September 2023 with an invitation for others to join.
PT Telkom Satelit Indonesia (Telkomsat) signed a memorandum of understanding (MoU) with Space42 to explore direct-to-device (D2D) collaboration with the Equatys joint venture.
Under the MoU, Telkomsat and Space42 intend to explore collaboration related to non-terrestrial networks (NTN) and D2D connectivity.
Space42 formalized a joint venture with Korea's Autonomous A2Z to develop scalable Level-4 autonomous mobility solutions in the UAE.
Space42 hosted an Investor Day at its headquarters and unveiled its roadmap across four strategic pillars including geospatial data and AI intelligence platforms.
Potential new satellite constellations are planned by Viasat/Space42 and E-Space, as well as entities from China and Russia.
Space42 successfully completed the first public test flight of its solar-powered ApusNeo18 high-altitude platform station (HAPS) in the UAE.
TII and Space42 joined forces to build the UAE’s first space-to-ground quantum communication network.
Space42 and EDGE formed a strategic alliance to manufacture SATCOM hardware in the UAE.
The partnership aims to combine Space42's AI-based satellite infrastructure with Hisdesat's expertise in secure communications to accelerate the development of satellite services that strengthen global resilience and connectivity.
Space42 is present in Europe through partnerships in geospatial analytics and artificial intelligence, supporting projects in Spain that include data integration for environmental monitoring, maritime surveillance, and smart mobility applications.
Hisdesat has signed an agreement with emirati company Space42 to explore commercial collaboration in Earth observation and satellite communications.
Ali Al Hashemi, CEO of Space Services at Space42, stated that the partnership with Hisdesat highlights Space42's role as a bridge between nations and emphasizes how space technology can drive economic growth and social progress.
The collaboration between Hisdesat and Space42 reflects the desire of both companies to expand international partnerships and align with the growing momentum of space cooperation between the United Arab Emirates and Spain.