Masood currently serves on the boards of Yahsat, the UAE Space Agency, and Etihad Aviation Group.
The normalised adjusted EBITDA margin improved from 60.4% in H1 2020 to 60.9% in H1 2021.
The primary mission of DhabiSat is to enable students to design, implement and test software modules for Attitude Determination and Control Subsystems (ADCS).
Mubadala retains a c.60% shareholding in the company and is fully aligned with Yahsat.
The final offer price for the offering has been set at Dh2.75 ($0.27) per share.
Through the partnership, Thuraya and Delta Bridge will deliver secure satellite communication connectivity and mission-critical applications to key government...
This will be the first IPO of a company on the Abu Dhabi bourse since Abu Dhabi National Oil Co Distribution was listed in 2017.