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yahsat

Yahsat receives AA ESG rating from MSCI

Al Yah Satellite Communications Company (Yahsat), the UAE satellite solutions provider, has received the an AA Leader Rating on the Morgan Stanley Capital International (MSCI) ESG Index for 2023 in the Environmental, Social, and Governance (ESG) category across its business operations. The MSCI ESG Ratings are designed to evaluate a company’s resilience to long-term, financially […]

December 18, 2023

EDGE selects Yahsat

Al Yah Satellite Communications Company (Yahsat), the UAE’s flagship satellite solutions provider, has been selected by ADASI, an entity of the EDGE Group and a leading provider of Unmanned Aerial Vehicles (UAVs), to equip its REACH-S platforms with Yahsat’s cutting-edge, secure satellite communications solutions. By combining forces in this way, both Yahsat and ADASI reaffirm […]

November 16, 2023

Bayanat, Yahsat, ICEYE expand SAR satellite fleet

Bayanat, a provider of AI-powered geospatial solutions, and Al Yah Satellite Communications (Yahsat), the UAE’s flagship satellite solutions provider, have announced the expansion of their Earth Observation (EO) space programme from five to seven synthetic aperture radar (SAR) satellites. The expansion of the constellation – with technology and expertise provided by programme partner ICEYE, a […]

November 15, 2023

Yahsat revenues up 3% YoY

Al Yah Satellite Communications Company (Yahsat), the UAE’s satellite solutions provider has announced its consolidated financial results for the nine months ended September 30th 2023. Revenue and Normalised EBITDA grew 3 per cent for the first nine months of the year versus the prior year to reach AED 1.2 billion (€302.4m) and AED 713 million […]

November 7, 2023

Thuraya, nybl partnership

Thuraya Telecommunications Company, the mobility arm of the UAE satellite solutions provider, Al Yah Satellite Communications Company, has signed a Memorandum of Understanding (MoU) with nybl, an Artificial Intelligence (AI) and Machine Learning (ML) platform with headquarters in the UAE. The agreement sets out the framework for introducing AI and ML-driven solutions over Thuraya and […]

October 25, 2023

YahSat wins $5bn UAE business

Abu Dhabi-based YahSat has secured an order from the United Arab Emirates (UAE) worth more than $5 billion (€4.73bn) for future broadband satellite business. The cash covers a 17-year contract for capacity and extending existing contracts which will expire in 2026. The funding will also cover the costs for two new geostationary satellites (Al Yah […]

September 26, 2023By Chris Forrester

YahClick partners with NigComSat

YahClick, the Data Solutions subsidiary of the UAE’s flagship satellite solutions provider, Al Yah Satellite Communications Company (YahSat)) has partnered with Nigerian Communications Satellite (NigComSat) to expand broadband penetration in Sub-Saharan Africa and boost access to critical electronic services across the region. The project is expected to begin in Q4 and will see YahClick work […]

September 11, 2023

Yahsat buying 2 Airbus satellites

Abu Dhabi-based Yahsat is buying two telecommunications satellites from Airbus Defence & Space. The two satellites, named Al Yah 4 and Al Yah 5, are scheduled for launch in 2027 and 2028 and will be replacement craft for Al Yah 1 and 2. Airbus has already started work on the pair. Yahsat says the total […]

August 11, 2023By Chris Forrester

Yahsat H1 revenue at $205m

Abu Dhabi-based satellite operator Al Yah Satellite Communications (Yahsat) has reported revenue of $205 million (€186m) for the first-half of 2023. As of June 30th, the group’s contracted future backlog revenue remained strong at $1.9 billion, equivalent to around 4.4 times last-twelve-month revenue. Net profit, however, was flat at $45.306 million ($45.361 million same period […]

August 10, 2023By Chris Forrester

Telesat’s Goldberg to head GSOA board

The Board of trade body The Global Satellite Operators Association (GSOA) has announced the election of Telesat’s CEO Dan Goldberg as its new Chair. Eva Berneke, CEO of Eutelsat was also elected co-Vice Chair, alongside Ali Al Hashemi, CEO of Yahsat, who was appointed earlier in 2023. Following the recent combination with Global VSAT Forum […]

June 27, 2023