Neo Space Group
OPERATING
Provides satellite communications, geospatial intelligence, and positioning services as Saudi Arabia's PIF-backed national space services company
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Space42
OPERATING PUBLIC COMPANY
Integrates satellite communications, geospatial analytics, and artificial intelligence for government and enterprise customers worldwide
Space42 is a UAE-based space technology company formed in 2024 through the merger of Bayanat AI and Al Yah Satellite Communications (Yahsat). Listed on the Abu Dhabi Securities Exchange, the company operates through two business units: Space Services and Smart Solutions. The Space Services unit provides satellite communications through the Thuraya and YahClick brands, covering over 150 countries. The Smart Solutions unit delivers geospatial data acquisition, processing, and AI-driven analytics through its GIQ multi-intelligence platform. Space42 operates proprietary SAR satellite constellations and recently launched the Thuraya-4 L-band satellite for secure government communications. The company holds a major UAE government contract valued at AED 18.7 billion for secure communications through 2043.
Abu Dhabi, United Arab Emirates
Ursa Space Systems
OPERATING
Operates a GeoAI platform that fuses SAR, optical, and RF satellite data to deliver on-demand geospatial intelligence and analytic reports
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Open Cosmos
OPERATING
Designs, builds, launches, and operates small satellites for Earth observation, telecommunications, navigation, and science missions
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2024
UAE, United Arab Emirates
Public Company
SPACE42
ADX
$629M
Karim Michel Sabbagh
Hasan Al Hosani
Ali Al Hashemi
Andrew Cole
Abdulla Al Shamsi
Maymee Kurian
Sulaiman Al Ali
Andrew Hodgman