Yahsat has been honored with the prestigious ‘Strategic Transaction of the Year Award’ for the transformative merger between Bayanat and Yahsat, leading to the formation of Space42. The award was presented to Ali Al Hashemi, Group CEO of Yahsat, and Hasan AlHosani, Managing Director of Bayanat, at the 2024 World Space Business Week.
This recognition underscores Yahsat’s bold vision for reshaping the space industry while aligning with the UAE’s ambition to establish itself as a global leader in space and AI innovation. The merger propels Yahsat and Bayanat to further push the boundaries of technological advancements in these fields.
