Space42 logo

Space42

operating 201–500 employees Public Company

Integrates satellite communications, geospatial analytics, and artificial intelligence for government and enterprise customers worldwide

About

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.

Products & Services

Direct-to-device satellite connectivity venture developed in partnership with Viasat
Earth observation SAR satellite constellation providing geospatial data acquisition
AI-driven multi-intelligence geospatial analytics platform integrating data from space and ground assets
High-Altitude Platform Stations for persistent surveillance and communications from the stratosphere
SAR satellite manufacturing subsidiary based in Abu Dhabi
Mobile satellite communications brand providing voice, data, and IoT connectivity via L-band satellites for land, sea, and air
Next-generation sovereign L-band satellite providing secure communications across Europe, MENA, Central Asia, and Africa
Satellite broadband service delivering high-speed internet connectivity to remote and underserved areas

Locations

Abu Dhabi, United Arab Emirates

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Overview

Founded 2024
HQ Abu Dhabi, UAE
Type Public Company

Financials

Ticker SPACE42
Exchange ADX
Revenue $629M

Leadership

Karim Michel Sabbagh
Managing Director
Hasan Al Hosani
CEO, Smart Solutions
Ali Al Hashemi
CEO, Space Services
Andrew Cole
Chief Financial Officer
Abdulla Al Shamsi
Chief Business Support Officer
Maymee Kurian
Chief Human Capital Officer
Sulaiman Al Ali
Chief Commercial Officer
Andrew Hodgman
General Counsel

Classification