Space42’s Strategic and Financial Highlights

Investor Relations

Space42’s Strategic and Financial Highlights

Space42, a UAE-based, AI-powered SpaceTech company with global reach, offers advanced geospatial analytics and satellite communications solutions underpinned by artificial intelligence. An ADX-listed company [ADX: SPACE42], with G42, Mubadala, and International Holding Company (IHC) as key shareholders, we drive innovation, enhance connectivity, and deliver sustainable growth and significant value for our investors.

Upon the merger of Bayanat and Yahsat in 2024, Yahsat was delisted and Bayanat AI Plc was renamed Space42 Plc.

Space42 Annual Report 2024 Space42 Consolidated Financial Statements 2024

Sustainability


Space42 commitment to sustainability is demonstrated through our environmentally friendly practices and the promotion of renewable energy solutions, reducing our carbon footprint. Our AI-driven Space Services and Smart Solutions enhance operational efficiency and support sustainable development, ensuring long-term environmental stewardship and positive impact on the communities we serve.

OceanX

In 2023, Bayanat partnered with Environment Agency - Abu Dhabi, OceanX, and M42 to enhance marine exploration and conservation. As Space42, we continue this partnership to employ advanced research technologies to gather vital marine data.

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eLearning

Our eLearning solution expands education beyond the classroom, enhancing curricula, improving teaching, and enabling real-time connections with teachers, experts, and students globally.

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Telemedicine

Our Telemedicine solution upgrades healthcare by connecting specialists with patients, providing faster diagnostics and test results, and linking clinics with doctors for specialized expertise.

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Grant for Collaborative Research Programs

Bayanat, the Ministry of Education, and the Ministry of Climate Change and Environment (MoCCAE) signed an agreement to advance scientific efforts in sustainability. Space42 will continue to bolster sustainable scientific research initiatives.

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2022 Golden Globe Race

During the 2022 Golden Globe Race, Commander Abhilash Tomy collaborated with Bayanat and studied the impact of human activity on the marine environment. Throughout the race, he gathered water samples to analyze the presence of microplastics in global waters. 

Results showed microplastics were present in the most remote corners of the world’s oceans. This study demonstrated that the fallout of human activity along coastlines is carried much further than was previously predicted.

 

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Latest News

Future-Fit Seal Credits Space42 for Enabling UAE’s Next-Generation Geospatial Infrastructure

• GIQ platform developed by Space42 in partnership with the UAE Space Agency powers national space ...

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Space42 to Showcase Next-Generation SpaceTech Solutions at CommunicAsia 2025

• Space42’s debut at CommunicAsia 2025 to demonstrate advances in satellite communications, Earth ob...

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Abu Dhabi to launch region’s first Earth Observation satellite manufacturing hub

• Space42 to establish new Synthetic Aperture Radar (SAR) satellite manufacturing facility in partne...

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Space42 Opens MENA’s First High Altitude Platform Stations (HAPS) Manufacturing Facility in Abu Dhabi

• The new High Altitude Platform Stations (HAPS) facility enables Mira Aerospace, a subsidiary of Sp...

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