# Space42

> AI-powered space technology connecting 80% of the world's population

## Facts

- **Sector:** SpaceTech
- **Founded:** 2024
- **Total funding raised:** $695.5M
- **Status:** Active
- **Headquarters:** Abu Dhabi
- **Employees:** 501-1000
- **Website:** https://www.space42.ai
- **Verified (claimed by company):** No

## About

Abu Dhabi-listed SpaceTech company from the merger of Yahsat and Bayanat. Operates satellite communications in 150+ countries and AI-driven geospatial analytics. Backed by G42, Mubadala, and IHC.

## Funding rounds

- 2025-01-01 — $695.5M Debt (investors: ECA-backed financing)

## Team

- Karim Michel Sabbagh — Managing Director


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Source: DXBStart — the working index of the UAE startup ecosystem. Canonical page: https://www.dxbstart.com/company/space42
More machine-readable resources: https://www.dxbstart.com/llms.txt
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