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TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

AD Ports Group 2024 revenue $4.70bn

The Group's EBITDA increased by 69 percent YOY.

Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Abu Dhabi’s Yahsat to use SpaceX for its satellite launch

The contract will involve providing the UAE Government with secure and reliable satellite capacity.
By TRENDS Desk
September 9, 2021 11:55 pm
  • Next Gen satellite to be launched in 2023
  • SpaceX’s Falcon 9 was selected primarily due to its high reliability and advanced capabilities

Yahsat, the Abu Dhabi’s satellite company, has picked up SpaceX to launch its next generation Thuraya communications satellite in the second half of 2023.

SpaceX’s Falcon 9 was selected primarily due to its high reliability and advanced capabilities, the Abu Dhabi stock exchange listed company said in a statement.

The statement didn’t disclose the terms of the contract.

Yahsat, a subsidiary of state investor Mubadala, is one of the largest providers of satellite communications services in the world. It also owns satellite company Thuraya.

Thuraya 4-NGS is expected to support Yahsat’s growth across new and existing product lines, while increasing capacity and coverage across Europe, Africa, Central Asia and the Middle East. Operations are scheduled to commence in 2024

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