Space42
SPACE42.ADSpace42 is an Abu Dhabi-based AI-powered space technology company formed in 2024 through the strategic merger of two UAE space entities: Bayanat, a geospatial analytics and AI company specializing in satellite-derived intelligence, and Yahsat (Al Yah Satellite Communications Company), the UAE's GEO satellite telecommunications operator with four operational satellites providing Ku-band and Ka-band broadband, broadcasting, and government communications services across the Middle East, Africa, and South Asia.
- Founded
- 2024
- Headquarters
- Abu Dhabi, United Arab Emirates
- Stage
- Public
- Ownership
- Listed
Quick Facts
About Space42
Space42 is an Abu Dhabi-based AI-powered space technology company formed in 2024 through the strategic merger of two UAE space entities: Bayanat, a geospatial analytics and AI company specializing in satellite-derived intelligence, and Yahsat (Al Yah Satellite Communications Company), the UAE's GEO satellite telecommunications operator with four operational satellites providing Ku-band and Ka-band broadband, broadcasting, and government communications services across the Middle East, Africa, and South Asia.
The merger created the first comprehensive AI-space company in the MENA region, combining Yahsat's satellite fleet and telecommunications infrastructure with Bayanat's AI-powered Earth observation analytics — a vertical integration of space data capture (Yahsat's satellite capacity and EO data access partnerships) through AI-enabled geospatial intelligence delivery (Bayanat's platform).
Yahsat operates the Al Yah 1 (2011), Al Yah 2 (2012), Al Yah 3 (2018) GEO satellites, plus a military Ka-band satellite (Thuraya's mobile satellite services through partnership), providing broadband connectivity to underserved communities across 60+ countries in Africa and the Middle East under the Yahsat-government funded SIEVERT program. Bayanat's AI platform ingests satellite imagery from multiple commercial EO sources and applies computer vision models for automated change detection, infrastructure mapping, crop monitoring, and maritime domain awareness.
Space42 is listed on the Abu Dhabi Securities Exchange (ADX) and benefits from Abu Dhabi's G42 artificial intelligence conglomerate's strategic backing and sovereign wealth fund support, positioning it as a flagship UAE technology company in the growing MENA space economy. The company competes with SES, Intelsat, and regional telecom operators on the connectivity side while competing with Maxar, Airbus Intelligence, and regional EO providers on the analytics side.
Products and product lines
| Product | Line | Note |
|---|---|---|
| Thuraya-4 (T4-NGS) | GEO mobile satellite services satellite | Space42's sixth geostationary satellite, built on Airbus's Eurostar Neo platform with a 12-meter L-band antenna and up to 3,200 dynamic channels; launched January 4, 2025 on a SpaceX Falcon 9 and entered commercial service November 5, 2025, covering more than 100 countries across Europe, Africa, Central Asia and the Middle East. |
| Foresight synthetic-aperture-radar constellation | Earth observation (SAR) | Five SAR satellites built in partnership with ICEYE and launched between August 2024 and November 2025 (Foresight-1 through Foresight-5); targets 25-centimeter resolution with daily revisits and full constellation maturity by 2027. |
| GIQ platform | AI-powered geospatial intelligence software | Space42's AI analytics platform processes Foresight SAR and other Earth-observation imagery into decision-grade geospatial intelligence for disaster response, climate monitoring, urban planning and national-security customers. |
| 15-year U.S. government mobile satellite services contract | Defense/government satellite communications | A 15-year, $708 million agreement disclosed alongside Thuraya-4 entering commercial operation in November 2025, serving U.S. government mobile communications needs. |
| ICEYE manufacturing partnership | SAR satellite co-development | Space42 and Finland's ICEYE jointly built the Foresight-3, -4 and -5 SAR satellites, which completed integration and testing in the UAE before shipping to the US for launch in October 2025 -- the first time advanced SAR satellites were completed within the UAE. |
Timeline
- 2024 Bayanat and Yahsat complete their merger, forming Space42, effective October 1, 2024. [source]
- 2024 Foresight-1, Space42's first synthetic-aperture-radar Earth-observation satellite, is launched. [source]
- 2024 Airbus ships the completed Thuraya-4 satellite from Toulouse to Kennedy Space Center aboard a BelugaST aircraft ahead of its SpaceX launch, arriving December 10. [source]
- 2025 Thuraya-4 launches aboard a SpaceX Falcon 9 from Cape Canaveral Space Force Station on January 4. [source]
- 2025 Space42 ships three more Foresight SAR satellites (Foresight-3, -4 and -5), built with ICEYE, from its Abu Dhabi facility to the US to expand the constellation, announced October 9. [source]
- 2025 Thuraya-4 enters commercial service on November 5, and Space42 discloses a 15-year, $708 million U.S. government mobile-satellite-services contract. [source]
- 2025 Foresight-3, -4 and -5 launch via SpaceX's Bandwagon-4 rideshare mission on November 5, bringing Space42's SAR fleet to five satellites. [source]
Team
- Karim SabbaghManaging Director and Group CEO · source
Signals
- Verification
- Verified 2026-09-11
Categories & Capabilities
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Stock Performance
SPACE42.AD · Daily close data
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Frequently asked about Space42
Quick answers to the questions readers most often search for.
- When was Space42 founded?
- Space42 was founded in 2024 in United Arab Emirates.
- Where is Space42 headquartered?
- Space42 is headquartered in Abu Dhabi, United Arab Emirates.
- What does Space42 do?
- Space42 is an Abu Dhabi-based AI-powered space technology company formed in 2024 through the strategic merger of two UAE space entities: Bayanat, a geospatial analytics and AI company specializing in satellite-derived intelligence, and Yahsat (Al Yah Satellite Communications Company), the UAE's GEO satellite telecommun…
- Is Space42 publicly traded?
- Yes. Space42 trades under the ticker SPACE42.AD.
- What sector does Space42 operate in?
- Space42 works in satellite operators, Analytics and Artificial intelligence.
Sources
The structured fields on this page (founding year, location, sector, status, listing) and the profile text are drawn from the sources below. How profiles are drafted and checked is described in our methodology.
- Official website (www.space42.ai)
- Market data via Yahoo Finance (SPACE42.AD)
- Company LinkedIn page
- Wikidata / Wikipedia · retrieved 2026-09-04
- Wikipedia: Yahsat · retrieved 2026-09-11
- PR Newswire: Space42's Thuraya 4 Satellite Successfully Launched Into Orbit (4 Jan 2025) · retrieved 2026-09-11
- Airbus: Airbus delivers Space42's Thuraya-4 satellite to launch site (Dec 2024) · retrieved 2026-09-11
- Abu Dhabi Media Office: Space42 ships three new SAR satellites to expand its Foresight constellation (9 Oct 2025) · retrieved 2026-09-11
- Satellite Today: Space42's Thuraya-4 satellite enters service, now available to global customers (5 Nov 2025) · retrieved 2026-09-11
- Seraphim Space: Space42 and ICEYE complete Foresight SAR satellite launch (5 Nov 2025) · retrieved 2026-09-11
Data Accuracy Notice: Information about Space42 is compiled from publicly available sources including company websites, press releases, regulatory filings, and industry reports. Data is reviewed periodically but may not reflect the most recent developments.
