Space42
Growth Score40DXBi Rank77Heat Score100Space42 PLC
An AI-powered SpaceTech company unifying satellite communications and geospatial intelligence
Media
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Space42 and Leonardo DRS sign MoU to advance next-generation national security mission systems
Space42 and Autonomous A2Z sign US$7mln agreement to deploy autonomous mobility solutions in the UAE
Why UAE's space sector is shifting from missions to building a global satellite industry
Space42 revenue rises 15%, satellite-to-phone services near rollout
UAE's Space42 Q2 revenue up 29% y/y to $144 million
Overview
Growth Score
Steady
Heat Score
Trending up
Details
- Operating Status
- Active
- Company Type
- Public
- Headquarters
- Abu Dhabi, United Arab Emirates
- Founded
- 2024
- Company Size
- 201-500 employees
- Revenue
- ~$500M-600M annual revenue (2025); H1 2026 revenue reported at $260M, up 15% YoY
- Website
- space42.ai
Stock listing
Abu Dhabi Securities Exchange (ADX): SPACE42
Products & Services
Thuraya (incl. Thuraya-4)
Mobile satellite communications services (voice/data/D2D) via GEO satellites; Thuraya-4 is the newest-generation satellite in this fleet, launched by SpaceX in Jan 2025.
Al Yah satellites (Al Yah 1-3, with Al Yah 4/5 in development)
Geostationary satellites providing broadband, broadcast (via YahClick/YahLive-descended services) and secure government/military satellite connectivity across Africa, Europe, the Middle East and Asia.
Foresight constellation
Synthetic Aperture Radar (SAR) Earth-observation satellite constellation for imaging and geospatial intelligence, expanded to additional satellites through 2025.
Equatys
Joint venture with Viasat building a direct-to-device (D2D) satellite network (5G non-terrestrial network) targeting global mobile coverage.
Bayanat geospatial/AI mapping platform
AI-powered geospatial data, mapping and location-intelligence products (Bayanat is Space42's geospatial-AI business unit, formed from the 2024 Bayanat-Yahsat merger).
People
Technology
No technology or web presence data on file yet.
Financials
Abu Dhabi Securities Exchange (ADX): SPACE42
Stock
Funding rounds
Projects
Space42 and Leonardo DRS sign MoU on national security mission systems
Space42 and Leonardo DRS signed a Memorandum of Understanding to advance next-generation national security mission systems for the UAE, integrating tactical/battlefield computing with Space42's sovereign satellite capabilities.
Aug 12, 2026
Space42 and Autonomous A2Z sign $7m deal for Level-4 autonomous mobility in UAE
Space42 and Korean autonomous-driving firm Autonomous A2Z signed a roughly $7 million agreement to deploy 19 Level-4 autonomous vehicles, including robotic shuttles, in the UAE.
$7M
Aug 11, 2026
Equatys direct-to-device joint venture with Viasat
Space42 and Viasat formed Equatys, a global direct-to-device (D2D) satellite venture aiming for a constellation of up to roughly 2,800 satellites providing 5G non-terrestrial network connectivity; as of mid-2026 the venture had moved into the satellite procurement phase.
Aug 10, 2026
e& UAE and Space42 5.5G satellite-to-device partnership
Space42 partnered with UAE telecom operator e& to pioneer 5.5G satellite-to-device connectivity, integrating satellite services with terrestrial mobile networks.
Oct 15, 2025
Skylo and Space42 direct-to-device SMS/SOS test on Thuraya-4
Space42 and Skylo successfully tested standards-based direct-to-device SMS and SOS messaging over Thuraya-4 using standard Android devices in the UAE.
Jul 10, 2026
Similar Companies
Official Channels
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Press & Announcements
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