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.
Hungarian company 4iG Space and Defence (4iG SDT) says it has signed a preliminary, non-binding commitment letter with US-based Axiom Space, a global leader in commercial spaceflight and low Earth orbit (LEO) infrastructure development.
UAE-headquartered satellite solutions provider Al Yah Satellite Communications Company (Yahsat) says it has contracted satellite manufacturer Airbus Defence and Space for its new geostationary (GEO) telecommunications satellites, Al Yah 4 (AY4) and Al …
Thuraya, a subsidiary of Space42, the UAE-based AI-powered spacetech company, has announced the commercial rollout of its next-generation mobile communications satellite, Thuraya-4, in South Africa.