Space42 Secures AED18.7 Billion Contract with UAE Government to Provide Satellite Communication Services Through 2043
Space42 has secured a significant AED18.7 billion ($5.1 billion) contract with the UAE Government, extending secure satellite communication services through 2043. The deal includes the launch of two new satellites, Al Yah 4 and Al Yah 5, and reinforces Space42’s position with a substantial backlog of AED26 billion in contracted revenues.
