United Arab Emirates · Delayed Price · Currency is AED Space42 Company Description
Space42 PLC operates as an artificial intelligence (AI) powered spacetech company in the United Arab Emirates, Asia, Africa, Europe, North America, and internationally.
It operates through two segments, Yahsat Space Services and Bayanat Smart Solutions. The company offers disaster management and response communication channels for emergency responders; utilizes geospatial data to identify areas that are most impacted; and smart mobility services, such as geospatial surveys and 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, including earth observation satellite analytics, HAPS for detecting suspicious activities, and integrating situational awareness in border monitoring; and manned and unmanned vehicle integration services for coordinated missions through real-time communication and remote carriers.
In addition, the company provides satellite communication solutions for government and mission-critical applications; Thuraya, which provides communication solutions for land, sea, and air, including industrial and consumer satellite phones, broadband terminals, and IoT solutions; and YahClick, which offers broadband, backhauling, and corporate network services providing internet connectivity for remote areas.
Further, it offers data acquisition and processing services; and 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 PLC in October 2024.
The company was founded in 2008 and is based in Abu Dhabi, the United Arab Emirates. Space42 PLC operates as a subsidiary of Group 42 Holding LTD.
| Country | United Arab Emirates |
| Founded | 2008 |
| Industry | Engineering, Accounting, Research, Management, and Related Services |
| Employees | 298 |
| CEO | Karim Sabbagh |
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 | USD |
| SIC Code | 8700 |
Key Executives
| Name | Position |
|---|---|
| Karim Sabbagh | Chief Executive Officer |
| Andrew Cole | Chief Financial Officer |
| Kurian John | Head of Investor Relations |