Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Space42 secures $695.5M loan for developing Al Yah 4 and 5 satellites, boosting its growth.

flag Space42, a UAE-based satellite company, has secured a $695.5 million ECA-backed loan from major banks to fund the development of its next-generation satellites, Al Yah 4 and Al Yah 5, set for launch in 2027 and 2028. flag The satellites feature flexible payloads that can be reconfigured in orbit to optimize coverage and bandwidth. flag This financing strengthens Space42's liquidity and supports its long-term growth strategy.

5 Articles