UAE takes giant leap in space technology with Yahsat-Bayanat merger
The new entity worth $4 billion will be focused on AI and satellite communications and is backed by Abu Dhabi sovereign wealth funds
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ABU DHABI, United Arab Emirates – Abu Dhabi is consolidating two of its biggest space technology companies to create a new entity focused on artificial intelligence and satellite communications with an implied market value of $4 billion.
The two...
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