Yahsat-Bayanat Merger Formed Space42
This is a news story, published by SpaceNews, that relates primarily to Bayanat news.
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•Yahsat and Bayanat forge AI-powered space technology champion
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Yahsat and Bayanat completed their merger Oct. 1 , forming a company called Space42 valued at about $3 billion .
Led by Karim Sabbagh , a former CEO of multi-orbit satellite operator SES , Space42 aims to develop hybrid connectivity and geospatial services.
Space42 operates five geostationary satellites for communications and broadcast services.
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