Skip to content Skip to Search
Skip navigation

Yahsat taps Musk’s SpaceX for next satellite launches

Yahsat satellite SpaceX launch Alamy/Brandon Moser
A SpaceX Falcon 9 rocket takes off from Cape Canaveral in Florida with a payload of satellites
  • Two launches planned for 2027 and 2028
  • Part of a $1.1bn satellite procurement programme
  • Replacements for satellites launched in 2011/2

The UAE’s satellite provider Al Yah Satellite Communications Company (Yahsat) has chosen Elon Musk’s company SpaceX to launch its next-generation geostationary satellites, Al Yah 4 and Al Yah 5.

The two communications satellites are due to be launched into orbit in 2027 and 2028 respectively.

Under the deal – part of an AED3.9 billion ($1.1 billion) satellite procurement programme – SpaceX’s Falcon 9 rocket will deploy the satellites, Yahsat said on Monday. 



Last month Yahsat signed a contract with Airbus to design and build the Al Yah 4  and Al Yah 5 satellites based on the Eurostar Neo platform. 

The project is a central component of an AED18.7 billion mandate from the UAE government, awarded in 2023, to provide satellite communications and managed services over 17 years.

Al Yah 4 and Al Yah 5 are due to replace the older Al Yah 1 and Al Yah 2 satellites, launched in 2011 and 2012.

Last week Nasa awarded SpaceX up to $843 million to crash the International Space Station into the ocean, pushing it safely out of orbit and back to Earth. The space station is nearing the end of its operational life

SpaceX plans to sell insider shares at $112 each, raising the company’s valuation to approximately $210 billion, Bloomberg reported on Thursday.

A December tender offer that valued SpaceX at $180 billion. SpaceX, the world’s largest satellite operator, has launched nearly 6,000 Starlink satellites so far, with plans for a constellation of 12,000, and a possible extension to 42,000 satellites.

Latest articles

Saudi inflation June 2024. Clothing and footwear prices in Saudi Arabia were down 3.2 percent year on year in June, and 0.2 percent month on month

Non-oil discounting brings Saudi inflation down

Saudi Arabia’s year-on-year consumer inflation rate fell to a low of 1.5 percent as non-oil businesses competed over prices but the wholesale price index remained at a high of 3.2 percent, reflecting high prices globally.  The consumer price index was down from 2.7 percent in June 2023. The CPI was also down from the 1.6 […]

hasan al fardan

Fintechs having ‘no impact’, says remittances CEO

Fintechs are no threat to the UAE-based remittances company Al Fardan Exchange, its CEO Hasan Al Fardan has declared. Al Fardan said there was no intention to drop fees to compete with finance technology startups. To date, he said, fintechs have had “no material impact on our business or our operations. We are hitting record […]

Almost 300,000 European visitors contributed to Oman's hotel revenues growing by more than 10 percent

Oman hotel revenues increase more than 10%

Hotel revenues across Oman were up by more than 10 percent in the first five months of 2024, fuelled by an increasing number of Asian and European visitors to the sultanate. Three-to-five star hotels reported revenues of OR108 million ($281 million) at the end of May, the latest data from the National Centre for Statistics […]

Saudi fishing trawlers

Saudi fishing industry bolstered by support plan

Saudi Arabia’s fishing industry has landed a financial support programme from the government as part of plans to develop and safeguard the sector. Fish production in the kingdom increased 80 percent in 2023 year on year to 214,600 metric tonnes. The goal is to increase that by 7 percent to 230,000 tonnes this year. The […]