Space42 reported a strong financial performance in 2024, with an EBITDA of USD 317 million and a net profit of USD 166 million. The Company advanced its strategic objectives, including satellite launches and partnerships in Earth Observation and mobile satellite solutions, positioning itself as a leader in the space and connectivity sectors.
Eutelsat OneWeb has applied for fast-track approval from India’s Department of Telecommunications to launch two earth station gateways connected to its LEO satellites. The initiative aims to provide satellite broadband services across South Asia, enhancing India’s role as a satellite communications hub and supporting disaster recovery and backhaul connectivity.
NIGCOMSAT and Eutelsat have announced a multi-year, multi-million-dollar partnership to deliver low Earth orbit (LEO) satellite services in Nigeria. The collaboration aims to enhance connectivity in underserved areas, supporting government, enterprise, and rural sectors. The partnership will enable scalable, high-speed, low-latency services across Nigeria.
Professor Alexander Akpodiete conducted a successful five-day Satellite Communication Training Program for Bahrain’s TRA, focusing on advanced topics like AI and cybersecurity. The program aimed to align satellite communication with Bahrain’s Vision 2030 goals, providing practical skills to enhance the nation’s technological infrastructure and global competitiveness.
Space42 has secured a $5.1 billion contract with the UAE government to extend communication services for 17 more years. The company will launch Al Yah 4 and Al Yah 5 satellites in 2027 and 2028, enhancing government communications across multiple regions. Space42 aims to strengthen its role in secure space technology.
Moroccan company Panafsat has partnered with Thales Alenia Space to develop a satellite communications system aimed at delivering very high-throughput services to 26 African countries. The initiative, signed during French President Emmanuel Macron’s visit to Morocco, aims to enhance digital connectivity and bridge the digital divide in rural areas.
Thales Alenia Space has partnered with Moroccan operator Panafsat to develop a new satellite communications system aimed at providing very-high-throughput services across 26 African countries. This initiative supports digital transformation and connectivity improvements, addressing the digital divide and contributing to Morocco’s national digital strategy.
Moroccan Panafsat has partnered with Thales Alenia Space to deploy a satellite communications system for Africa. This initiative will provide very-high-throughput services to 26 countries, enhancing internet access and bridging the digital divide, ultimately supporting economic growth and digital transformation across the continent.
Moroccan company Panafsat has partnered with Thales Alenia Space to develop a satellite communications system aimed at providing very-high-throughput services (VHTS) to 26 African countries. This initiative will enhance digital infrastructure and connectivity, benefiting a population of approximately 550 million and contributing to economic growth across the continent.
Qatar has inaugurated its Space Radio Monitoring Center (SRMC), enhancing the country’s satellite communications infrastructure. Equipped with advanced monitoring systems, the SRMC ensures interference-free satellite operations and positions Qatar as a leader in global space communications.
