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.
Spazers has partnered with Southern Cross Space to offer high-resolution satellite imagery and advanced analytics, enhancing space capabilities in Oman. This collaboration will support Oman’s growing space sector, aligning with the government’s goal to increase the sector’s GDP contribution and bolster its digital economy.
Yahsat, a subsidiary of Space42, is set to launch seven satellites for the UAE’s Earth Observation Space Programme. The first satellite, Foresight 1, was launched last August. This initiative supports the UAE’s goal of becoming a leader in the space sector and drives innovation in technology.
Space42 has launched in Dubai as a result of the merger between Yahsat and Bayanat, creating one of the largest publicly listed space technology companies globally. The company aims to enhance satellite communications and AI capabilities, focusing on innovative solutions for the UAE’s growing space economy.
EDGE Group launched FADA, a company dedicated to developing space capabilities and satellite technologies in the UAE. FADA will contribute to the UAE’s economic diversification and global standing in the space industry, focusing on advanced technology development and creating a skilled workforce.
H.E. Dr. Mohammed bin Saud Al-Tamimi met with Telebras officials in Brazil to discuss advancements in telecommunications and space technology. The meetings aimed to foster collaboration, improve satellite operations, and support sustainable development in both nations.
The Egyptian Space Agency (EgSA) is launching a joint-stock company for satellite component manufacturing and a marketing company to promote its products. Additionally, EgSA will introduce an online platform for purchasing satellite images, furthering Egypt’s influence in the global space sector and advancing its space technology industry.
The UAE’s launch of the Foresight-1 SAR satellite marks a major step in its global space leadership. Bayanat and Yahsat’s collaboration on this project strengthens the UAE’s space capabilities, enhances geospatial solutions, and supports the National Space Strategy 2030. The upcoming merger will establish “Space42” as a key player in the global space sector.
