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Al Yah Satellite Communications News

Yahsat appoints Airbus to build $1.1bn new satellites

Al Yah Satellite Communications Company, known as Yahsat, has appointed a unit of US-headquartered Airbus Group to manufacture its two new geostationary telecommunications satellites. The company initially authorised Airbus Defence and Space to commence activities on the Al Yah 4 (AY4) and Al Yah 5 (AY5) satellite programme in the second quarter of 2023. NewsletterGet the Best […]

Bayanat says its AID data platform provided information to authorities during April's flooding in Dubai

Bayanat increases funding for climate disaster R&D

Geospatial services provider Bayanat has increased its investment into climate disaster research and development following a strong profit rise in the first quarter of 2024. Abu Dhabi-based Bayanat said gross profit for the first quarter reached AED32 million ($8.7 million), representing a gross margin of 28 percent. Revenues were 12 percent up year on year […]

Traffic on Fourth Street, Abu Dhabi. The Yahsat and Bayanat merger could help bring self-driving cars to the emirate

UAE merger creates world’s most valuable listed space company

The world’s most valuable publicly listed space company has been created after shareholders of analytics provider Bayanat and “satellite solutions” company Al Yah Satellite Communications Company (Yahsat) agreed to a merger. The deal will help to further Abu Dhabi’s ambitions to be at the centre of the drive towards autonomous vehicles. The newly created Space42 […]

The uncrewed Cygnus space freighter, from which were launched two satellites built by students from Abu Dhabi's Khalifa University

Shareholders to vote on merger to create UAE space giant

Shareholders of two Abu Dhabi technology companies will vote on Thursday on a proposed merger to create a $4 billion space organisation.  Bayanat AI and Al Yah Satellite Communications Company, better known as Yahsat, will hold their general assembly meetings simultaneously. The proposed merger will create Space42, an AI-powered space technology champion for the Middle […]

Yahsat estimated its contracted future revenue at AED25bn, equivalent to 15 times full-year revenue

Yahsat 2023 profit rises to $116m on revenue growth

Al Yah Satellite Communications Company, known as Yahsat, said net income grew 9 percent to AED424 million ($116 million) in 2023, driven by revenue growth across all operating segments. Revenue grew 6 percent year on year to AED1.7 billion, with all four operating segments exceeding the top end of the previous guidance range of AED1.6-1.7 billion. […]

A mobile phone user in Dubai. The UAE has regions with poor connectivity, which Yahsat is hoping to improve

Yahsat introduces smartphone to satellite connectivity

Al Yah Satellite Communications Company – Yahsat – has launched a “direct-to-device” strategy aiming to connect smartphones and internet of things devices to satellites, irrespective of their location. UAE-based Yahsat plans to introduce voice and messaging services before expanding to texting and internet of things capabilities on smartphones by 2025, it said in a statement. […]

Tawazun Council and UAE government officials address a press conference on the first day of Umex & Simtex 2024

UAE defence ministry signs $264m deals  

Tawazun Council, the UAE defence and security acquisitions authority, has signed five deals with local and international companies, amounting to AED971 million ($264.4 million). During the initial day of the Umex Simtex 2024 conference, the total value of agreements with three local companies reached AED 899 million. Among these, Resource Industries secured a contract for […]

The UAE launched the Rashid Rover a year ago, the country's first mission to the moon

Merger to create astronomic UAE space company

Two Abu Dhabi technology companies are planning a merger to create a $4 billion space organisation for the region.  The boards of Bayanat and Yahsat have voted to recommend a merger to shareholders, a filing to the Abu Dhabi Stock Exchange on Tuesday revealed. The proposal will create a company with an implied market capitalisation […]

Sheikh Mohammed bin Rashid Al Maktoum hosts the Space Agencies Leaders' Summit at Cop28 Video length: 06:07

Space data joins the battle against greenwashing

Space data is a vital tool for measuring decarbonisation and preventing greenwashing, an industry expert has told AGBI at the Cop28 conference in Dubai. “There is no other way to monitor [decarbonisation and carbon credits] at that scale if it wasn’t for Earth observation data,” said David Merren, assistant director for analytics and spatial at […]

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum and Sheikh Khaled bin Mohamed bin Zayed Al Nahyan have implemented the next phase of the Sirb satellite programme

UAE takes next step in developing satellite industry

The Crown Princes of Abu Dhabi and Dubai have launched the execution phase of the UAE’s Sirb satellite programme, which aims to commercialise satellites and the data they generate.  Sirb – Arabic for a flock of birds – consists of a constellation of synthetic aperture radar satellites.  Highly accurate, the satellites will support a wide […]