Space 42: With $7B+ in backlog & no debt, we’ll use UAE stronghold to expand globally in D2D, secure communications

by Peter B. de Selding

BANGKOK — Space 42, the the merger of fixed and mobile satellite communications operator Yahsat and AI-enabled geospatial analytics provider Bayanat, said it intends to expand well beyond its home United Arab Emirates market to become a global player in its heritage businesses and new ones including satellite direct-to-device and a possible LEO constellation.

It’s no surprise that a company with no debt and more than $7 billion in contracted backlog to 2043, almost all of it with the UAE government, would want . . .

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