Saudi Arabia-based Arabsat and Canada-based satellite operator Telesat announced on Wednesday they have signed a term sheet under which Arabsat will lease multi-gigabit capacity from Telesat’s planned Lightspeed LEO satellite constellation.
UAE-based satellite company Space42 announced on Wednesday that it has signed a US$695.5 million Export Credit Agency (ECA)-backed financing facility to fund the development of its next-generation geostationary satellites, Al Yah 4 and Al Yah 5.
Pan-African technology group Liquid Intelligent Technologies has announced a distribution partner agreement (DPA) with Eutelsat Group, described as the world’s first satellite operator with an integrated GEO-LEO infrastructure, that will see enterprise…
Mira Aerospace, the high altitude platform systems (HAPS) subsidiary of Space42, the UAE-based space technology company, has announced the successful completion of the first public test flight of its advanced, solar-powered HAPS model, ApusNeo18.