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Uae Build > Blog > UAE > Technology > What Space42 merger between Bayanat and Yahsat would mean for UAE
Technology

What Space42 merger between Bayanat and Yahsat would mean for UAE

By admin
Last updated: April 15, 2024
1 Min Read
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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…



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