Narrative Valuation Summary Space42 is not your average growth story—it's a digital infrastructure powerhouse executing a high-velocity scale-up strategy. With a projected annual revenue growth of 67.8% , the company is expanding aggressively across digital platforms, cloud analytics, and AI-driven enterprise services.Read more
Space42 PLC operates as an artificial intelligence (AI) powered SpaceTech company. It integrates satellite communications, geospatial insights, and AI capabilities. It operates through two segments, Yahsat Space Services (YSS) and Bayanat Smart Solutions (BSS). The YSS segment provides secure satellite communication solutions for government and mission-critical applications; reliable mobility and communication solutions; and high-speed data connectivity solutions. The BSS segment offers earth observation and geospatial solutions using a multi-sensor system; advanced data analytics using GIQ platform; and industry specific solutions using advanced AI. The company operates in the United Arab Emirates, Asia, Africa, Europe, North America, and internationally. The company was formerly known as Bayanat AI PLC and changed its name to Space42 PLC in October 2024. Space42 PLC was incorporated in 2022 and is based in Abu Dhabi, the United Arab Emirates. Space42 PLC operates as a subsidiary of Group 42 Holding LTD.
