
Cobham SATCOM to be appointed as the main distributor, on a non-exclusive basis, for Thuraya Next Generation Broadband Products (NGBP) for a minimum term of five years
Cobham SATCOM is the market-leading provider of satellite communications solutions to the maritime and land markets
Abu Dhabi, UAE, 22 November 2021 Al Yah Satellite Communications Company PJSC ( Yahsat ) listed on the Abu Dhabi Securities Exchange ( ADX ) under (SYMBOL: YAHSAT) (ISIN: AEA007501017), the UAE's flagship satellite solutions provider, today announced that its Mobile Satellite Services (MSS) subsidiary, Thuraya Telecommunications Company PJSC ( Thuraya ) has entered into a long-term agreement with Cobham SATCOM ( Cobham ), for the distribution of next-generation broadband products for land, aeronautical and maritime users. This agreement further builds on Yahsat's existing partnership with Cobham and marks an important milestone in the roll out of the Thuraya 4-NGS enabled portfolio.
As part of the agreement, Cobham will be appointed as the main distributor, on a non-exclusive basis, for Thuraya Next Generation Broadband Products (NGBP) for a minimum term of five years, starting from the commencement of commercial operations on Thuraya 4-NGS, following its expected launch in the second half of 2023.
Through this partnership, Cobham will drive NGBP sales through its own extensive distribution channels but will also work closely with Thuraya's broad service partner network. The agreement is expected to generate more than US$80 million of potential service revenue to Thuraya. Both partners and customers will significantly benefit from the combined distribution network as well as from Cobham's technical knowledge and after-sales capabilities and expertise.
Ali Al Hashemi, Group Chief Executive Officer at Yahsat, said: We are very pleased to have signed this agreement with our partner, Cobham who is deeply committed to the success of the Thuraya 4-NGS program. This partnership enables us to leverage the unique capabilities and expertise of Cobham thereby augmenting the shared value we can deliver together to distribution partners and to end customers. We are confident that our customers in different market segments, whether maritime, government or enterprise, will see this partnership as a key differentiator in fulfilling their MSS connectivity needs .
Leif Ottosson, Chief Executive Officer at Cobham, said: We are equally pleased and excited to enter into this agreement as it demonstrates the mutual benefit of the partnership we have built with Yahsat and Thuraya. Not only are we trusted to provide Thuraya with the innovative technology that thousands of customers are relying on every day, but we are also trusted to ensure the commercial success of the partnership through our extensive distribution network of service partners, distributors, and retailers. We are very proud of being appointed, as it is a manifestation of the technology leadership and commercial strength we have in the market.
Thuraya recently announced a partnership with Cobham to drive significant enhancements to its future broadband portfolio. Under this partnership, Cobham will deliver a comprehensive mobile broadband system as part of the next-generation Thuraya 4-NGS satellite system, and multiple broadband terminals for land, sea and aeronautical applications to strengthen Thuraya's portfolio, capabilities and performance across a wide coverage area.
Middle East Stories
01/06/2022
Abu Dhabi, 01 June, 2022 : New office opened in Singapore as part of the festivities
Thuraya, the mobility solutions subsidiary of the UAE's flagship sate...
01/06/2022
Mississauga, ON - (June 1, 2022) - First Gulf Corporation ( First Gulf ) has par...
11/05/2022
1Q22 revenue of AED 362.5 million [USD 98.7 million], up 9.4% year-on-year
1Q22 Adjusted EBITDA of AED 213.4 million [USD 58.1 million], up 6.8% year-on-year ...
05/05/2022
The partnership acquired the 13.4 acre site to develop small-bay industrial cond...
29/04/2022
Yahsat has been appointed to enable UAE Government platforms with a satellite co...
12/04/2022
All resolutions approved at AGM including amendment to dividend policy allowing ...
08/03/2022
MoU signed to collaborate on line-fitting unmanned vessels and pre-qualifying Ya...
07/03/2022
Yahsat and Edge have agreed to line-fit pre-qualified Comms-On-The-Move (COTM) s...
01/03/2022
FY2021 revenue of AED 1.49 billion [USD 407.6 million], increased year-on-year driven by exceptional 4Q21 performance in which revenues grew 7.9% vs. prior year...
28/02/2022
Abu Dhabi, 28 February, 2022 :
The new solution will provide users the abili...
24/02/2022
Abu Dhabi, 24 February, 2022 :
Thuraya and Delnet are bringing game-changing...
14/02/2022
Yahsat will provide managed services for ground satellite communications services and solutions for the next 5 years
Agreement represents an important mileston...
03/02/2022
Yahsat will deliver advanced and secure satellite communication solutions
Yahs...
26/01/2022
First Gulf has continued to execute on its strategic growth and diversification ...
13/01/2022
Abu Dhabi, 13 January, 2022 :
Thuraya signs service partner agreement with l...
13/01/2022
Abu Dhabi, 13 January, 2022 :
Thuraya signs service partner agreement with l...
20/12/2021
Abu Dhabi, 20 December 2021: The collaboration between Emirates Schools Establis...
26/11/2021
Yahsat will provide advanced telecommunication services and solutions to integra...
25/11/2021
Abu Dhabi, 25 November, 2021 :
Yahsat will provide advanced telecommunicatio...
25/11/2021
Abu Dhabi, 25 November, 2021 :
Yahsat will provide advanced telecommunicatio...
23/11/2021
Cobham SATCOM to be appointed as the main distributor, on a non-exclusive basis,...
23/11/2021
Abu Dhabi, 22 November, 2021 :
Cobham SATCOM to be appointed as the main dist...
23/11/2021
Abu Dhabi, 22 November, 2021 :
Cobham SATCOM to be appointed as the main dist...
22/11/2021
Abu Dhabi, United Arab Emirates, 21 November 2021: Al Yah Satellite Communications Company PJSC ( Yahsat and, together with its subsidiaries, the Group ), the...
22/11/2021
Abu Dhabi, 09 September, 2021 :
The partnership with Cobham SATCOM will enab...
22/11/2021
Abu Dhabi, 09 September, 2021 :
The partnership with Cobham SATCOM will enab...
18/11/2021
The MoU establishes a framework to discuss the provision of fixed and maritime V...
17/11/2021
The initiative combines UAE talent and international expertise to create a self-...
15/11/2021
Abu Dhabi, United Arab Emirates, 14 November 2021: Al Yah Satellite Communications Company PJSC ( Yahsat and, together with its subsidiaries, the Group ), the...
12/11/2021
Abu Dhabi, 11 November, 2021 :
The new agreement enables Thuraya and GTNT to...
12/11/2021
Abu Dhabi, 11 November, 2021 :
The new agreement enables Thuraya and GTNT to...
08/11/2021
Year to date revenues broadly in line vs prior year with strong momentum going i...
07/11/2021
The MoU brings together Yahsat's advanced upstream satellite capabilities an...
29/10/2021
First Gulf and Nicola Wealth Real Estate (NWRE) have purchased more suburban land in the GTA with the acquisition of a 13.5-acre industrial development property...
29/10/2021
YahClick expands its satellite broadband enterprise solutions in Nigeria, Zambia...
15/10/2021
First Gulf has once again partnered with Nicola Wealth Real Estate (NWRE) to acquire a 48-acre industrial development property in north Whitby.
Situated on Ash...
11/10/2021
The agreements adds significantly to Yahsat's anticipated future cash flows ...
11/10/2021
Abu Dhabi, 10 October, 2021 : The agreements adds significantly to Yahsat'...
10/10/2021
The proposed update to the dividend policy to be presented for approval at the C...
06/10/2021
Yahsat has been appointed to complete detailed analysis, assessment and recommen...
10/09/2021
Abu Dhabi, United Arab Emirates, 8th of September 2021: Al Jazira Sports Club today announced a new partnership with Al Yah Satellite Communications Company PJS...
10/09/2021
The partnership with Cobham SATCOM will enable Yahsat to enhance data services f...
09/09/2021
Yahsat selects Falcon 9 to launch its Thuraya 4-NGS satellite
SpaceX designs, manufactures and launches the world's most advanced rockets and spacecraft
T...
08/09/2021
08 September, 2021 :
Yahsat selects Falcon 9 to launch its Thuraya 4-NGS satellite
SpaceX designs, manufactures and launches the world's most advanced ...
03/09/2021
New Spacecraft Control System to provide highly secure and reliable monitoring a...
02/09/2021
Abu Dhabi, 09 June, 2021 : Al Yah Satellite Communications Company (Yahsat), th...
02/09/2021
Abu Dhabi, 02 September, 2021 :
New Spacecraft Control System to provide hig...
02/09/2021
Abu Dhabi, 09 June, 2021 : Al Yah Satellite Communications Company (Yahsat), th...
02/09/2021
Abu Dhabi, 02 September, 2021 :
New Spacecraft Control System to provide hig...
16/08/2021
First Gulf has partnered with Nicola Wealth Real Estate (NWRE) and Challenger Mo...