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…
As UAE’s space sector grows in stature, SpaceTech fund and accelerator are natural next steps
SpaceTech companies are among the 16 startups chosen as part of the 2021 cohort of Hub71, Abu Dhabi’s global tech ecosystem The UAE has been making concerted efforts to secure a front-row seat in the global Space Race. The nation…