SPACE42 Company Description

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

It operates through its Yahsat Space Services and Bayanat Smart Solutions segments. The company offers disaster management and response communication channels for emergency responders, as well as utilizing 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 and 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 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
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
Abdulla Al Shamsi	Chief Operating Officer
Kurian John	Head of Investor Relations