Ahead of a shareholder vote that would solidify the creation of an AI-powered space technology company, Space42, its managing director designate said the company would help make the UAE a leader in the global space industry.
“We are well on the way to complete the main activities for executing the merger,” said Karim Sabbagh, referring to a meeting on April 25 where shareholders will vote on the proposed merger. “We’re on track,” he added.
Mr Sabbagh said that additional regulatory…