Fundz
Funding, M&A and exec moves matched to your market — guaranteed to pay for itself in a year, or we refund it. See terms for full details.See plans →

Space42 merges with Yahsat to form Space42

PRIVATEAug 16, 2026•about 5 hours ago

Acquiring Company

Space42

Acquired Company

Yahsat

Abu DhabiEnergyOil And GasHardwareSatellite Communication

Description

Space42 has finalized its merger with Yahsat, resulting in the formation of a new AI-powered space technology company. The merger aims to combine geospatial intelligence and satellite communications expertise to enhance market capabilities. The partnership is expected to drive innovation and attract significant government contracts. Yahsat's assets have been transferred to Bayanat, solidifying the new corporate structure.

Company Information

Company

Space42

About

Dr Bakheet Al Katheeri is the Chief Executive Officer of Mubadala’s UAE Investments platform and is responsible for the development of multiple sectors, including aerospace, technology, infrastructure and more. Dr Al Katheeri serves on various industry boards and committees in the UAE and globally, including Cepsa, Oil Search, Mubadala Energy, Emirates Global Aluminum (EGA), Abu Dhabi Future Energy Company (Masdar), and National Central Cooling Company (Tabreed).

Don't miss Space42's next move

Get an email the moment Space42 makes an acquisition, hires an exec, or expands — usually minutes after it happens.

One email per event. Unsubscribe anytime.

Predictive Intelligence
Strategic

ML-powered predictions for Space42's next move

Learn about Strategic plan

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Yahsat?

Yahsat was acquired by Space42. The deal was reported on August 16, 2026. Dr Bakheet Al Katheeri is the Chief Executive Officer of Mubadala’s UAE Investments platform and is responsible for the development of multiple sectors, including aerospace, technology, infrastructure and more. Space42 is privately held and operates in Energy.

When did Space42 acquire Yahsat?

Space42's acquisition of Yahsat was reported on August 16, 2026. Space42 has finalized its merger with Yahsat, resulting in the formation of a new AI-powered space technology company. The merger aims to combine geospatial intelligence and satellite communications expertise to enhance market capabilities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Yahsat do?

Yahsat is a satellite communications company based in the UAE. It specializes in providing secure satellite connectivity solutions across various sectors and has a significant presence in the Middle East and Africa. It is privately held, operating in Hardware, and is based in Abu Dhabi.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.