Space42 reports strong financial performance
Revenue fell 19% year-on-year to $629m, mainly due to temporary delays in a major Bayanat Smart Solutions programme and the Thuraya-3 service anomaly at Yahsat Space Services.
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Revenue fell 19% year-on-year to $629m, mainly due to temporary delays in a major Bayanat Smart Solutions programme and the Thuraya-3 service anomaly at Yahsat Space Services.
The new payloads represent a significant leap forward in EO capabilities and telecommunications technology, as well as towards the commercialisation of Mira's HAPS technology
Additionally, both parties will explore co-developing a geospatial platform, integrating ST Engineering Geo-Insights capabilities into EYs existing infrastructure resilience services.
