In a significant move for the UAE’s space sector, Bayanat and Yahsat have approved a merger to form SPACE42. Karim Sabbagh, Managing Director Designate...
Space42
The first-quarter results were propelled by Bayanat's sustained emphasis on the company's core segments and advancements in Artificial Intelligence...
While space majors around the world are looking to leverage AI to revolutionise connectivity, the UAE also now has one entity at its doorstep.
The visit discussed potential for Yahsat to expand its presence in South Africa as part of the country’s plans to enhance communications capabilities.
The merger is subject to further regulatory approvals in the UAE and internationally.
The merger is expected to yield considerable cost and revenue synergies, positioning the enlarged entity for enhanced shareholder value creation.
Visitors to the exhibition will be able to experience a wide range of exciting solutions, including Thuraya’s IoT devices, which target various sectors...
On completion of the merger, Mansoor Al Mansoori will assume the role of Chairman, Dr Bakheet Al Katheeri as Vice Chairman and Karim Michel Sabbagh will join...
