The new Thuraya 4 geostationary satellite will be launched in December and will deliver superior mobility solutions across Europe, Africa, Central Asia, and the Middle East.
Space42s Assembly, Integration, and Testing and LEO facilities in Abu Dhabi will host the joint ventures manufacturing operations and Space42s constellation operation services.
By appointing QMM as its liquidity provider, Space42 aims to contribute to a more robust and dynamic market environment, delivering added value for its current and potential investors.
The company's strong nine-month performance was driven by the successful merger between telecom operator Bayanat and satellite communications firm Yahsat.
The campaign is being run in collaboration with the Ministry of Education and is a part of Thuraya 4s pre-launch One World. Deeply Connected campaign.
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
Space42 Arena, named after the UAEs first AI-powered SpaceTech company, will host concerts, sporting events, and conferences to enrich the regions corporate and cultural landscape.
The AI-powered solution can accurately predict potential failures of electrical submersible pumps (ESP), allowing oil and gas companies to address issues before they occur.
Seven satellites will be launched as part of the UAE's Earth Observation space programme.
Space42 aims to develop hybrid connectivity and geospatial services to meet demand from autonomous vehicles and other emerging capabilities.
Trading of the newly issued Bayanat AI PLC shares, following the merger, will begin on October 1.
As the space race hots up, AI technologies are providing both competitive advantages and pathways to innovation, says Keith J Fernandez. We explore the role of AI in the satellite ...
In a significant move for the UAEs space sector, Bayanat and Yahsat have approved a merger to form SPACE42. Karim Sabbagh, Managing Director Designate, discusses SPACE42s AI-focused strategy and its ...
The first-quarter results were propelled by Bayanat's sustained emphasis on the company's core segments and advancements in Artificial Intelligence capabilities.
While space majors around the world are looking to leverage AI to revolutionise connectivity, the UAE also now has one entity at its doorstep.
The visit discussed potential for Yahsat to expand its presence in South Africa as part of the countrys plans to enhance communications capabilities.
The merger is subject to further regulatory approvals in the UAE and internationally.
The merger is expected to yield considerable cost and revenue synergies, positioning the enlarged entity for enhanced shareholder value creation. ?
Visitors to the exhibition will be able to experience a wide range of exciting solutions, including Thurayas IoT devices, which target various sectors, including farming, fishing, and logistics.
On completion of the merger, Mansoor Al Mansoori will assume the role of Chairman, Dr Bakheet Al Katheeri as Vice Chairman and Karim Michel Sabbagh will join as Managing Director ...
