• Sat. Dec 21st, 2024

Satellite firm Yahsat awarded AED 18.7bln satellite capacity and managed services mandate by the UAE Government

The satellite services company Yahsat has received a Dh18.7 billion lift by way of UAE government contracts, to provide satellite capacity and managed services for a 17-year term.

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The win replaces two current contracts Yahsat has with the government – the Capacity Services Agreement and Managed Services Mandate, which were to come to an end in November and December of 2026.

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Under the new mandate Yahsat will provide the Government with satellite capacity and related managed services using the Al Yah 1 and Al Yah 2 satellites, which are in orbit, and supplement this through two new satellites, Al Yah 4 and Al Yah 5. These are to be launched in 2027 and 2028.

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