Space42 reports $118.8m profit in strong nine month performance
The company's strong nine-month performance was driven by the successful merger between telecom operator Bayanat and satellite communications firm Yahsat.
The company's strong nine-month performance was driven by the successful merger between telecom operator Bayanat and satellite communications firm Yahsat.
Space42 aims to develop hybrid connectivity and geospatial services to meet demand from autonomous vehicles and other emerging capabilities.
Trading of the newly issued Bayanat AI PLC shares, following the merger, will begin on October 1.
Yahsat delegation held one-on-one and small group meetings with multiple fund managers.
New dividend policy to be presented for approval at the companys next Annual General Meeting in December.