Manufacturing EO satellites in UAE on cards
Seven satellites will be launched as part of the UAE's Earth Observation space programme.
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Seven satellites will be launched as part of the UAE's Earth Observation space programme.
Space42 aims to develop hybrid connectivity and geospatial services to meet demand from autonomous vehicles and other emerging capabilities.
Yahsat delegation held one-on-one and small group meetings with multiple fund managers.
Yahsat's revenue during the three-month period grew to $100m, up nearly 2% from about $26.96m in Q1 2022.
Yahsat has proposed a 2% increase in dividend, as revenues rose to more than $430m.
With 90% of the projected revenue for FY 2022 secured, Yahsat expects sustained momentum while maintaining a robust balance sheet to support dividend payments and growth investments.
Masood Sharif Mahmood will join the Board of Directors, stepping down from his current role as CEO of Yahsat Group with effect from April 18.
