Al Yah Satellite Communications, better known as Yahsat, has signed a deal with Airbus to build its new satellites, Al Yah 4 and Al Yah 5, as it aims to enhance its fleet and expand services.
Airbus Defence and Space will design and build the geostationary telecoms satellites based on the Eurostar Neo platform, the UAE-based satellite solutions provider said on Monday in a filing to the Abu Dhabi Securities Exchange, where its shares are traded.
They will “offer secure governmental communications over a wide geographical area across the Middle East, Africa, Europe and Asia”, it said.
Airbus will design, manufacture and provide ground control components for the two satellites with a 15-year design life. They are planned to be launched in 2027 and 2028, respectively, the company added.
AY4 and AY5 procurement programme, including spacecraft, ground segment infrastructure, launch and insurance, will cost about Dh3.9 billion ($1.1 billion), the company said.
“This is a significant step in Yahsat’s growth trajectory. The Al Yah 4 and Al Yah 5 satellites will enable us to provide the UAE government with new cutting-edge solutions,” said chief executive Ali Al Hashemi.
“Additionally, the two new LEO [low Earth orbit] satellite platforms will support Yahsat’s future direction of providing multi-orbit satellite solutions to its customers.”
Founded in 2007, the subsidiary of Abu Dhabi’s sovereign investment arm Mubadala Investment Company offers multi-mission satellite services in more than 150 countries in Europe, the Middle East, Africa, South America, Asia and Australasia.
When it comes to government solutions, the company currently offers its services mainly in the UAE.
However, when Al Yah 4 and Al Yah 5 satellites are launched, it will open “the door to offer more services to other governments for sure”, Mr Al Hashemi told The National in October.
“While we are offering services to other governments as well currently, our capacity will be tripled or quadrupled with Al Yah 4 and Al Yah 5 satellites.”
In September, its government services arm won a new contract worth $5.1 billion from the UAE government to provide satellite capacity and managed services for 17 years, primarily on AY4 and AY5 satellites.
The procurement programme will be funded initially by Yahsat, before receiving Dh3.7 billion as an advance payment from the UAE government, the company said on Monday.
The new satellites will replace Al Yah 1 and Al Yah 2, launched in 2011 and 2012, respectively.
Airbus is also developing the Thuraya 4 (T4) satellite for Yahsat's government solutions segment, and Thuraya, Yahsat's commercial satellite solutions arm.
T4 is based on the Eurostar Neo platform and is scheduled to be launched in the second half of this year, entering service in the second half of 2025.
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The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059
Washmen Profile
Date Started: May 2015
Founders: Rami Shaar and Jad Halaoui
Based: Dubai, UAE
Sector: Laundry
Employees: 170
Funding: about $8m
Funders: Addventure, B&Y Partners, Clara Ventures, Cedar Mundi Partners, Henkel Ventures
Episode list:
Ep1: A recovery like no other- the unevenness of the economic recovery
Ep2: PCR and jobs - the future of work - new trends and challenges
Ep3: The recovery and global trade disruptions - globalisation post-pandemic
Ep4: Inflation- services and goods - debt risks
Ep5: Travel and tourism
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UAE currency: the story behind the money in your pockets
Grand slam winners since July 2003
Who has won major titles since Wimbledon 2003 when Roger Federer won his first grand slam
Roger Federer 19 (8 Wimbledon, 5 Australian Open, 5 US Open, 1 French Open)
Rafael Nadal 16 (10 French Open, 3 US Open, 2 Wimbledon, 1 Australian Open)
Novak Djokovic 12 (6 Australian Open, 3 Wimbledon, 2 US Open, 1 French Open)
Andy Murray 3 (2 Wimbledon, 1 US Open)
Stan Wawrinka 3 (1 Australian Open, 1 French Open, 1 US Open)
Andy Roddick 1 (1 US Open)
Gaston Gaudio 1 (1 French Open)
Marat Safin 1 (1 Australian Open)
Juan Martin del Potro 1 (1 US Open)
Marin Cilic 1 (1 US Open)
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Like a Fading Shadow
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Translated from the Spanish by Camilo A. Ramirez
Tuskar Rock Press (pp. 310)
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Dates for the diary
To mark Bodytree’s 10th anniversary, the coming season will be filled with celebratory activities:
- September 21 Anyone interested in becoming a certified yoga instructor can sign up for a 250-hour course in Yoga Teacher Training with Jacquelene Sadek. It begins on September 21 and will take place over the course of six weekends.
- October 18 to 21 International yoga instructor, Yogi Nora, will be visiting Bodytree and offering classes.
- October 26 to November 4 International pilates instructor Courtney Miller will be on hand at the studio, offering classes.
- November 9 Bodytree is hosting a party to celebrate turning 10, and everyone is invited. Expect a day full of free classes on the grounds of the studio.
- December 11 Yogeswari, an advanced certified Jivamukti teacher, will be visiting the studio.
- February 2, 2018 Bodytree will host its 4th annual yoga market.
The Specs
Price, base Dh379,000
Engine 2.9-litre, twin-turbo V6
Gearbox eight-speed automatic
Power 503bhp
Torque 443Nm
On sale now
RESULT
Leeds United 1 Manchester City 1
Leeds: Rodrigo (59')
Man City: Sterling (17')
Man of the Match: Rodrigo Moreno (Leeds)
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SERIE A FIXTURES
Saturday Spezia v Lazio (6pm), Juventus v Torino (9pm), Inter Milan v Bologna (7.45pm)
Sunday Verona v Cagliari (3.30pm), Parma v Benevento, AS Roma v Sassuolo, Udinese v Atalanta (all 6pm), Crotone v Napoli (9pm), Sampdoria v AC Milan (11.45pm)
Monday Fiorentina v Genoa (11.45pm)
'Outclassed in Kuwait'
Taleb Alrefai,
HBKU Press
The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now
