Mubadala eyes Yahsat tech

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Yahsat COO Khalid Al Kaf and Mubadala Petroleum COO Mazin Al Lamki sign the MoU.
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  • Yahsat’s satellite-based technologies and coverage across the EMEA and Asia regions is at the center of the deal
  • Mubadala Petroleum will see how these satellites can help it handle its critical operations

Mubadala Petroleum has inked a deal to explore the provision of satellite services to support connectivity across its assets in Southeast Asia, local reports have said.

It inked the deal with the Al Yah Satellite Communications Company or Yahsat, the UAE-based flagship satellite solutions provider, said the reports.

The MoU was signed by Khalid Al Kaf, Chief Operations Officer of Yahsat, and Mazin Al Lamki, Chief Operating Officer of Mubadala Petroleum.

As part of the deal, both companies are now expected to explore how Yahsat’s satellite-based technologies and coverage across the EMEA and Asia regions can support Mubadala Petroleum’s critical operations, including connectivity between Mubadala Petroleum’s site offices, associated data centers, and HQ.

Al Hashemi was quoted by the local reports as saying: “We look forward to leveraging this partnership to advance our growth and expansion into the wider Middle East region and Asia.”

The reports quoted Al Hamed as saying: “Digital platforms are critical to the success of our business and we have invested heavily in building a digital transformation strategy that supports our business goals.”

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