Articles from Space42 PLC

Space42 and Viasat Sign Binding Agreement to co-found Equatys, Creating the First Shared Space and Ground Infrastructure Platform for Global Direct-to-Device and Advanced MSS Connectivity
PARIS, Sept. 14, 2026 (GLOBE NEWSWIRE) -- Space42 (ADX: SPACE42), the UAE-based AI-powered SpaceTech company, and Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite and secure communications, today announced the signing of an agreement at World Space Business Week in Paris to formally establish Equatys, a shared space and ground infrastructure platform that will support the extension of mobile coverage and overlay in the places terrestrial networks cannot serve, including in coverage gaps in populated metro areas. Upon the formation of Equatys, Space42 and Viasat will commit to an initial equity contribution of up to USD1 billion.
By Space42 PLC · Via GlobeNewswire · September 14, 2026
Space42 and Leonardo DRS Sign MoU to Advance Next-Generation National Security Mission Systems
ABU DHABI, United Arab Emirates, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Space42, the UAE-based AI-powered SpaceTech company with global reach has signed a Memorandum of Understanding (MoU) with Leonardo DRS. The agreement establishes a framework to integrate Leonardo DRS mission systems with Space42’s secure satellite connectivity to boost sovereign national security across the United Arab Emirates.
By Space42 PLC · Via GlobeNewswire · August 12, 2026
Space42 and Autonomous A2Z Sign US$7 Million Agreement to Deploy Autonomous Mobility Solutions in the UAE
ABU DHABI, United Arab Emirates and SEOUL, South Korea, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Space42 (ADX: SPACE42), the UAE-based AI-powered SpaceTech company, and Autonomous A2Z (A2Z), South Korea’s leading autonomous driving company, have signed a commercial agreement valued at US$7 million to deploy Level-4 mobility solutions in the UAE. This is the first commercial agreement in the two companies’ broader partnership. It is a direct supply contract, separate from the joint venture announced in 2025 to support the long-term commercialization of intelligent mobility solutions in the UAE.
By Space42 PLC · Via GlobeNewswire · August 10, 2026
Space42 Expands Earth Observation Capabilities as Three Foresight Satellites Enter Full Operation
ABU DHABI, United Arab Emirates, June 09, 2026 (GLOBE NEWSWIRE) -- Space42, the UAE-based AI-powered SpaceTech company with global reach, today announced that the Foresight-3, Foresight-4, and Foresight-5 satellites are fully operational. This milestone advances the Foresight Earth Observation (EO) constellation, now comprising five Synthetic Aperture Radar (SAR) satellites, enabling continuous data acquisition and decision-grade geospatial intelligence.
By Space42 PLC · Via GlobeNewswire · June 9, 2026
Space42 Expands Earth Observation Constellation, Foresight, with Launch of Three New SAR Satellites
By Space42 PLC · Via GlobeNewswire · November 2, 2025
Space42 Debuts on Abu Dhabi Securities Exchange Following Merger of Bayanat and Yahsat
ABU DHABI, United Arab Emirates, Oct. 01, 2024 (GLOBE NEWSWIRE) -- 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. (Yahsat), the UAE’s flagship satellite solutions provider. Space42 is the UAE’s new AI-powered SpaceTech company with a global reach.
By Space42 PLC · Via GlobeNewswire · October 1, 2024
Articles from Space42 PLC | MarketMinute