SPACE42 PLC
SPACE42 PLC (SPACE42) is a Technology company listed on the ADX stock exchange in the United Arab Emirates.
Space42 (ADX: SPACE42) is a UAE-based AI-powered SpaceTech company that integrates satellite communications, geospatial analytics and artificial intelligence capabilities to enlighten the Earth from space. Formed in 2024 by the successful merger of Bayanat and Yahsat, Space42’s global reach allows it to address the rapidly evolving needs of its customers in governments, enterprises, and communities. Space42 comprises two business units: Space Services and Smart Solutions. Space Services focuses on upstream satellite operations for both fixed and mobility satellite services. Smart Solutions integrates geospatial data acquisition and processing with AI to inform decision-making, enhance situational awareness, and improve operational efficiency. Major shareholders include G42, Mubadala, and IHC.
Current stock price: AED 1.51 (-2.58% today). Market capitalization: AED 7,189.11. P/E ratio: 21.2.
Financial performance (2026): Revenue AED 563.44, Net Income AED 81.8.
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