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Yahsat plans to spend approximately $500,000,000 to build and launch Thuraya-4 NGS.
Yahsat acquired mobile satellite services provider Thuraya Telecommunications two years before mid-October 2020.
Yahsat Group monitors low Earth orbit satellite developments while maintaining geostationary satellite operations within Thuraya.
Thuraya operates geostationary satellites.
Thuraya-4 NGS will provide voice and data connectivity over the Middle East, Africa, Europe, and Central Asia.
Yahsat will spend around $500,000,000 to build and launch Thuraya-4 NGS, refresh Thuraya’s ground network, and update Thuraya’s suite of mobile communications products.
Thuraya-3 launched in 2008 and reached its 12-year service life earlier 2020.
Thuraya-4 NGS will be funded using Yahsat and Thuraya’s combined cash flow.
Thuraya-4 NGS will replace Thuraya-2, which launched in 2003 and is five years past its 12-year design life.
A decision on whether to exercise the Thuraya-5 NGS option will wait until Thuraya has a strong business plan in place for serving the Asia-Pacific market.
The contract covers a satellite designated Thuraya-4 NGS and includes an option for a Thuraya-5 NGS that, if exercised, would complete the replacement of Thuraya’s two-satellite Boeing-built fleet.
Yahsat contracted Airbus Defence and Space on 2020-08-27 to build a satellite for Thuraya.
Thuraya-4 NGS will be built on an Airbus Eurostar Neo satellite platform with a 12-meter L-band antenna and a payload processor that can adjust power levels for 250 communications beams.
Yahsat is owned by the United Arab Emirates state-owned investment company Mubadala and acquired Thuraya in 2018.
Thuraya announced plans in 2016 to develop a geostationary satellite constellation called Futura, but the project stalled for want of financing.
Thuraya is seeking proposals for ground segment upgrades and a 2024 launch of Thuraya-4 NGS.
Yahsat hopes to finalize a replacement plan for its L-band satellites, acquired through its 2018 acquisition of Thuraya, by the end of 2019.
Yahsat, a UAE-based satellite operator that operates three geostationary satellites, acquired Thuraya in 2018.
Thuraya, a mobile satellite operator founded in the United Arab Emirates in the 1990s, operates two geostationary satellites that provide voice and data services from Europe to Asia.
Yahsat plans to order two replacement satellites for Thuraya by the end of 2019 to continue Thuraya’s L-band connectivity service.