Space42
Beyond Horizons
Abu Dhabi, United Arab Emirates · Founded 2024 · $245.0M raised
- Headquarters
- Abu Dhabi
- Employees
- 501–1000
- Founded
- 2024
- Business Model
- B2B
- Website
- space42.ai
- Total Funding
- $245.0M
- Last Round
- $245.0M Series AJul 2025
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Space42 is a UAE-based, AI-powered SpaceTech company that integrates satellite communications, geospatial analytics, and AI capabilities. Formed in 2024 through the merger of Bayanat and Yahsat, Space42 is listed on the Abu Dhabi Securities Exchange (ADX) and builds one of the world's most advanced SpaceTech ecosystems. By integrating satellites, data platforms, AI, and secure connectivity, Space42 creates a continuous flow from observation to insight and from insight to action. Its flagship programs include the Foresight SAR constellation for Earth observation, the GIQ geospatial intelligence platform, the Thuraya-4 satellite for secure connectivity, and Equatys for direct-to-device NTN connectivity.
Summary
Space42 is an Artificial Intelligence company based in Abu Dhabi, United Arab Emirates, founded in 2024. It has raised $245.0M in total across 1 round, most recently a $245.0M Series A round in Jul 2025. Investors include Mubadala Investment Company and G42.
Tech & App Stack
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Funding History
Jul 2025
Investors
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