Space42 Secures $695.5 Million ECA-Backed Financing for Next-Gen UAE Satellites Al Yah 4 & 5
Abu Dhabi-based Space42, a prominent AI-driven space technology company, has secured a $695.5 million Export Credit Agency (ECA)-backed financing facility to advance the development of its next-generation geostationary satellites — Al Yah 4 and Al Yah 5. Backed by leading entities including Mubadala, G42, and the International Holding Company (IHC), Space42 announced that the financing … Read more