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Space42 signs major contract with UAE govt for satellite services and capacity expansion

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​[[{“value”:”Paris, France (SPX) Dec 18, 2024

Space42 (ADX: SPACE42), the UAE-based AI-driven SpaceTech company, has secured an AED 18.7 billion (USD 5.1 billion) contract with the UAE Government to extend its provision of critical, secure communication services through 2043. The agreement builds on Space42’s established partnership and further enhances its financial standing, contributing to a backlog of AED 26 billion (USD 7.1 billion) in”}]]