Articles from Space42 PLC

ABU DHABI, United Arab Emirates, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Space42, the UAE-based AI-powered SpaceTech company with global reach has signed a Memorandum of Understanding (MoU) with Leonardo DRS. The agreement establishes a framework to integrate Leonardo DRS mission systems with Space42’s secure satellite connectivity to boost sovereign national security across the United Arab Emirates.

ABU DHABI, United Arab Emirates and SEOUL, South Korea, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Space42 (ADX: SPACE42), the UAE-based AI-powered SpaceTech company, and Autonomous A2Z (A2Z), South Korea’s leading autonomous driving company, have signed a commercial agreement valued at US$7 million to deploy Level-4 mobility solutions in the UAE. This is the first commercial agreement in the two companies’ broader partnership. It is a direct supply contract, separate from the joint venture announced in 2025 to support the long-term commercialization of intelligent mobility solutions in the UAE.

ABU DHABI, United Arab Emirates, June 09, 2026 (GLOBE NEWSWIRE) -- Space42, the UAE-based AI-powered SpaceTech company with global reach, today announced that the Foresight-3, Foresight-4, and Foresight-5 satellites are fully operational. This milestone advances the Foresight Earth Observation (EO) constellation, now comprising five Synthetic Aperture Radar (SAR) satellites, enabling continuous data acquisition and decision-grade geospatial intelligence.

ABU DHABI, United Arab Emirates, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Space42 (ADX: SPACE42) made its trading debut on the Abu Dhabi Securities Exchange (ADX) today following the successful merger completion of Bayanat, a leading AI-powered geospatial solutions provider, and Al Yah Satellite Communications Company P.J.S.C. (Yahsat), the UAE’s flagship satellite solutions provider. Space42 is the UAE’s new AI-powered SpaceTech company with a global reach.