Sony Pixel Power calrec Sony

Hub71 and Yahsat to Advance Innovative Technologies Supporting Satellite Operations from A...

07/11/2022

Partnership to support Abu Dhabi based startups with commercial opportunities to advance mobile satellite solutions

New agreement establishes Hub71 as Yahsat's Innovation Partner

Hub71 startup, Mental VR, secures first contract resulting from new partnership to support Yahsat with remote learning

Abu Dhabi, UAE, 7 November 2022: Hub71, Abu Dhabi's global tech ecosystem, and Al Yah Satellite Communications Company PJSC Yahsat (ADX: AEA007501017), the UAE's flagship satellite solutions provider listed on the Abu Dhabi Securities Exchange (ADX), today announced a collaboration to accelerate startup technology adoption in satellite communications.

Through this partnership, Yahsat will work with founders in the Hub71 community to advance technological innovations that support the development of the UAE's mobile satellite capabilities. The first contract resulting from the new partnership is an agreement between Yahsat and Hub71-based startup, Mental VR, a Virtual Reality (VR) software development company. Mental VR will provide its state-of-the-art VR technology and deliver dynamic and seamless training programs for Yahsat personnel in remote locations.

The wider partnership between Yahsat and Hub71 will help identify technology startups that have the potential to advance the UAE's space industry and strengthen satellite communication technologies. Hub71 and Yahsat are both supported by Mubadala Investment Company and will work collaboratively towards building national capabilities and contributing to the UAE's economic growth for the next 50 years. As part of the partnership agreement, Yahsat has appointed Hub71 as its Innovation Partner.

Hub71 startups will get to work alongside global experts from Yahsat and receive strategic mentorship to gain insights into satellite technologies and the space industry. Startups will also be able to explore commercial opportunities as part of Yahsat's satellite and technology program.

Badr Al-Olama, Acting Chief Executive Officer of Hub71, said: Our partnership with Yahsat reinforces our commitment to support tech initiatives that create impact for Abu Dhabi. Through this partnership, we will promote economic opportunities and strengthen the UAEs growing position as a leading global hub for technological excellence.

Ali Al Hashemi, Chief Executive Officer of Yahsat, added: Yahsat is proud to have been a pioneer in the satellite services industry within the UAE, championing the establishment of the nation as a global hub for space tech. Our partnership with Hub71 is aligned with our commitment to build local capabilities and enhance the national space economy through collaborations with the startup ecosystem. As two UAE entities with a foundational base in Abu Dhabi, we look forward to working together to create greater opportunities for the development and enhancement of the satellite services industry.

Since its inception, Hub71 has rapidly expanded its ecosystem, which is now home to almost 200 startups working across 20 sectors. The global tech ecosystem has created a thriving business environment for founders with dedicated programs that promote increased commercial and fundraising opportunities. Hub71 startups have raised AED 3.2 billion from renowned investors globally and generated AED 2.7 billion revenues since 2019.
LINK: https://www.yahsat.com:443/en/news-and-media/news/2022/hub71-and-yahsa...
See more stories from yahsat

Middle East Stories

07/05/2025

Space42 Advances Direct-to-Device Satellite Messaging Through Collaboration with Gatehouse Satcom

Abu Dhabi, UAE [Date] Space42 (ADX: SPACE42), the UAE-based AI-powered Space...

12/03/2025

Space42 and Cobham Satcom launch IP NEO to enable seamless connectivity across critical sectors

Abu Dhabi, United Arab Emirates, and Copenhagen, Denmark: 12 March 2025: Space42...

11/03/2025

Space42 and Viasat Announce Partnership to Explore Shared Global 5G Non-Terrestrial Network Initiative

Abu Dhabi, UAE and Carlsbad, California 12 March 2025 Space42, (ADX: SPACE42...

03/03/2025

Space42 Expands its Satellite Connectivity Solutions with Thuraya One Smartphone

Abu Dhabi, UAE 3 March 2025 Thuraya, the satellite mobility arm of Space42, has Introduced Thuraya One, an Android 14 smartphone with built-in satellite cap...

27/02/2025

Space42 Reports Strong First-Year Pro Forma Results

Abu Dhabi, UAE, 27 February 2025: Space42 PLC ( Space42 or the Company ), the UAE-based AI-powered SpaceTech company that seamlessly integrates satellite comm...

19/02/2025

XRANGE and Mira Aerospace Partner to Advance High-Altitude Platform Station (HAPS) Flight Testing

Collaboration enables long-term testing and evaluation support for HAPS platform...

18/02/2025

Space42 and EDGE Announce Strategic Collaboration to Advance Earth Observation

The AED 378 million contract between Space42's Bayanat Smart Solutions and EDGE's FADA will enhance the nation's geospatial capabilities over the ne...

17/02/2025

Space42 and EDGE Sign MOU to Establish Strategic Joint Venture to Strengthen UAE Sovereign

The joint venture will leverage Space42's and FADA's advanced technologi...

11/02/2025

Space42 to Showcase Cutting-Edge SpaceTech Solutions at IDEX 2025

Space42's debut at IDEX highlights AI-powered space technologys role in modern defense and security The Space42 stand will have live demonstrations of mult...

15/01/2025

Space42 Deploys the Second Phase of its Foresight Constellation

Foresight-1 and Foresight-2 will boost UAE's earth observation capabilities Comprising the latest SAR technology in cooperation with ICEYE Abu Dhabi, U...

04/01/2025

Space42's Thuraya 4 Satellite Successfully Launched Into Orbit

Thuraya 4 will provide more secure capacity, faster speeds, and wider coverage across Africa, Europe, Central Asia and the Middle East Launching the busines...

04/01/2025

Space42's Thuraya 4 Satellite Successfully Launched Into Orbit

Abu Dhabi, 04 January, 2025 : Thuraya 4 will provide more secure capacity, faster speeds, and wider coverage across Africa, Europe, Central Asia and the M...

17/12/2024

Space42 Signs AED 18.7 Billion Contract with the UAE Government for Satellite Capacity and Managed Services

Abu Dhabi, UAE, 17 December 2024: Space42 (ADX: SPACE42), the UAE-based AI-power...

10/12/2024

Airbus delivers Space42's Thuraya 4 satellite to launch site

Abu Dhabi, UAE - 10 December 2024 Space42's Thuraya 4 telecommunications satellite, built by Airbus, has reached its destination at the Kennedy Space Cent...

09/12/2024

Space42 and ICEYE Announce Joint Venture to Bring Satellite Manufacturing to the UAE

- The strategic joint venture addresses the growing demand for SAR satellite ima...

21/11/2024

Construction is underway at First Westlake Logistics Park

Construction is underway at First Westlake Logistics Park Construction on First Gulfs latest industrial development First Westlake Logistics Park in Ja...

19/11/2024

Space42 Appoints Q Market Makers (QMM) as Liquidity Provider to Enhance Market Accessibility

The appointment reflects Space42s commitment to building a dynamic market enviro...

11/11/2024

Space42 and the Ministry of Education launch SpaceTech educational campaign for UAE students

Space42 and the Ministry of Education launch SpaceTech educational campaign for ...

30/10/2024

Space42 and nybl unveil revolutionary AI solution to boost efficiency and productivity in oil and gas industry

The launch follows the successful implementation on 27 oil wells using an oil an...

28/10/2024

Space42 Secures Exclusive Naming Rights for Abu Dhabi's Newest Multi-Purpose Venue

The multi-design, state-of-the-art Space42 Arena in Al Raha Beach, Abu Dhabi w...

15/10/2024

Space42 and nybl unveil revolutionary AI solution to boost efficiency and productivity in oil and gas industry

Dubai, 15 October, 2024 : Space42 and nybl unveil revolutionary AI solution to ...

01/10/2024

Space42 Debuts on Abu Dhabi Securities Exchange Following Merger of Bayanat and Yahsat

Space42 is a new, UAE-based AI-powered SpaceTech company with a global reach, in...

05/09/2024

Element Celebrates Grand Opening of New Facility at Bronte Station

In a milestone for Bronte Station Business Park, Element Materials Technology, a global leader in materials and product qualification testing, inspection, and ...

30/07/2024

Yahsat reports robust first half results for 2024

Resilient first half performance with stable Normalised EBITDA and net income Revenue, profitability and cash flow guidance reiterated for the full year Abu D...

18/07/2024

Yahsat holds high-level forum for Zimbabwe Government Ministries showcasing its advanced s...

Yahsat accelerates efforts to expand in Zimbabwe following agreement with Satcom...

10/06/2024

Yahsat contracts Airbus for the construction of Al Yah 4 and Al Yah 5 satellites

- Fully flexible, software-defined payloads will allow in-orbit reconfiguration of coverage area, capacity and communication frequencies - Full programme cost...

29/05/2024

Yahsat partners with SATCOM Technologies to deliver advanced satellite communications solutions in Zimbabwe

Marrakech, Morrocco, 29 May, 2024 : Marrakech, Morrocco, 29 May 2024: Al Yah Sa...

24/05/2024

Yahsat Awarded Highest Tier 4 Certification from World Teleport Association

The certification underscores world-class standards of services at Yahsat's Abu Dhabi Teleport Abu Dhabi, United Arab Emirates, 21 May 2024: Al Yah Satelli...

22/05/2024

Yahsat partners with Eutelsat Group to leverage EUTELSAT KONNECT satellite to drive growth...

EUTELSAT KONNECT satellite will enhance Yahsat's satellite network with mult...

15/05/2024

Thuraya unveils groundbreaking next generation IP NEO terminal developed in collaboration with Cobham Satcom

Abu Dhabi, 15 May, 2024 : IP NEO is a Thuraya 4-ready lightweight portable sate...

15/05/2024

Thuraya unveils groundbreaking next generation IP NEO terminal developed in collaboration ...

Abu Dhabi, 15 May, 2024 : IP NEO is a Thuraya 4-ready lightweight portable sate...

14/05/2024

Yahsat reports strong first quarter results for 2024

Highest ever Q1 revenue with Normalised EBITDA growth of 7% Profitability, cash flow and capital expenditure guidance reiterated Abu Dhabi, United Arab Emirat...

10/05/2024

Thuraya network coverage restored in the Indo-China region as recovery measures underway

Abu Dhabi, 10 May 2024: Further to our previous communications about the unexpec...

10/05/2024

Thuraya network coverage restored in the Indo-China region as recovery measures underway

Abu Dhabi, 10 May, 2024 : Abu Dhabi, 10 May 2024: Further to our previous commu...

09/05/2024

Yahsat welcomes high-level delegation from South Africa led by HE Deputy President Paul Ma...

The visit discussed potential for Yahsat to expand its presence in South Africa ...

25/04/2024

Bayanat and Yahsat Shareholders Approve Merger to Create SPACE42

Bayanat AI PLC (ADX: BAYANAT), a leading AI-powered geospatial solutions provider, and Al Yah Satellite Communications Company P.J.S.C. (ADX: YAHSAT), the UAE&#...

23/04/2024

Bayanat and Yahsat Shareholders Set to Vote on Recommended Merger on 25 April

The merger will provide vertical integration potential and enhanced product offerings to capture regional and international opportunities for revenue growth and...

23/04/2024

Thuraya signs agreement with CYSEC to offer powerful satellite encryption and cybersecurity solution

Abu Dhabi, 23 April, 2024 : Partnership delivers greater cybersecurity to Thura...

02/04/2024

Algrie Tlcom Satellite unveiled as official distributor in Algeria for new SKYPHONE by Thuraya

Abu Dhabi, 02 April, 2024 : Abu Dhabi, United Arab Emirates, 2 April 2024: Thur...

01/04/2024

Yahsat appoints Amit Somani as Chief Growth and Strategy Officer

Mr. Somani will oversee the development and implementation of the company's growth strategy and spearhead global strategic partnerships Abu Dhabi, United A...

21/03/2024

Bayanat and Yahsat shareholders to vote on recommended merger to create SPACE42 on 25 April

- A circular was issued today setting both entities' General Assembly Meetin...

21/03/2024

Bayanat and Yahsat shareholders to vote on recommended merger to create SPACE42 on 25 Apri...

- A circular was issued today setting both entities' General Assembly Meetin...

18/03/2024

Thuraya partners with Niflink to deliver telemedicine and eLearning to users across its network

Abu Dhabi, 18 March, 2024 : Abu Dhabi, 18 March 2024: Thuraya Telecommunication...

18/03/2024

Thuraya partners with Niflink to deliver telemedicine and eLearning to users across its ne...

Abu Dhabi, 18 March, 2024 : Abu Dhabi, 18 March 2024: Thuraya Telecommunication...

22/02/2024

Thuraya unveils SKYPHONE by Thuraya' - the world's most powerful consumer smartphone with satellite connectivity at Mobile World Congress 2024

Abu Dhabi , 22 February, 2024 : The first universal Direct-to-Device (D2D) Android smartphone with satellite voice and SMS capability Abu Dhabi, 22 February 2...

22/02/2024

Thuraya unveils SKYPHONE by Thuraya' - the world's most powerful consumer smartphone with...

Abu Dhabi , 22 February, 2024 : The first universal Direct-to-Device (D2D) Andr...

21/02/2024

Yahsat sets the bar high for global connectivity as it unveils Project SKY', an ambitious...

The industry disruptive strategy is primed to transform the lives of billions of...

20/12/2023

Introducing Space42, a new AI-powered space technology champion with global reach, and its Board of Directors

Abu Dhabi, 20 December 2023: Further to the announcements made by Bayanat AI PLC...

20/12/2023

Introducing Space42, a new AI-powered space technology champion with global reach, and its...

Abu Dhabi, 20 December 2023: Further to the announcements made by Bayanat AI PLC...