Space42 Debuts on Abu Dhabi Securities Exchange Following Merger of Bayanat and Yahsat
Abu Dhabi, UAE, October 01, 2024 – Space42 (ADX: SPACE42) made its trading debut on the Abu Dhabi Securities Exchange (ADX) today following the successful merger completion of Bayanat, a leading AI-powered geospatial solutions provider, and Al Yah Satellite Communications Company P.J.S.C….
Bayanat & Yahsat Shareholders Approve Merger, Forming SPACE42
Bayanat and Yahsat shareholders have approved the merger, creating SPACE42! The merger of G42 geospatial AI company Bayanat and Mubadala satellite services subsidiary Yahsat has been given the green light, forming a $4 billion group named SPACE42. The General Assembly…