SPACE42 (ADX: SPACE42)
United Arab Emirates flag United Arab Emirates · Delayed Price · Currency is AED
2.010
-0.030 (-1.47%)
At close: Dec 20, 2024

SPACE42 Company Description

SPACE42 operates as an artificial intelligence (AI) powered geospatial intelligence company in the United Arab Emirates and internationally.

The company offers disaster management and response communication channels for emergency responders, for continuous, real-time information exchange, and situational awareness, as well as utilizing geospatial data to identify areas that are most impacted; and smart mobility services, such as geospatial surveys and reliable satellite communication data transmission solutions for autonomous vehicle operations.

It also provides maritime surveillance for real-time communication, satellite imagery, and geospatial analytics to monitor environmental factors and maritime traffic; border monitoring and insight solutions comprising earth observation satellite analytics and HAPS for detecting suspicious activities and integrating situational awareness in border monitoring; and manned and unmanned vehicle integration services for coordinated missions, enhancing situational awareness, decision-making, and operational efficiency through real-time communication and remote carriers.

In addition, the company offers internet connectivity services, including broadband, backhauling, and corporate network services under the YahClick name for remote and underserved areas for businesses and government entities.

Further, it is involved in the provision of data acquisition and processing services, as well as artificial intelligence services, such as GIX for operational efficiency and AID for crisis management.

The company was formerly known as Bayanat AI PLC and changed its name to SPACE42 in October 2024. SPACE42 was founded in 2008 and is based in Abu Dhabi, the United Arab Emirates.

SPACE42 operates as a subsidiary of Group 42 Holding LTD.

SPACE42
Country United Arab Emirates
Founded 2008
Industry Engineering, Accounting, Research, Management, and Related Services
CEO Hasan Mohamed Hasan Al Hosani

Contact Details

Address:
Al Sarab Tower
Abu Dhabi
United Arab Emirates
Phone 971 2 641 0000
Website space42.ai

Stock Details

Ticker Symbol SPACE42
Exchange Abu Dhabi Securities Exchange
Fiscal Year January - December
Reporting Currency AED
SIC Code 8700

Key Executives

Name Position
Hasan Mohamed Hasan Al Hosani Chief Executive Officer
Renyl Rauf Chief Financial Officer
Abdulla Al Shamsi Chief Operating Officer
Kurian John Head of Investor Relations