Yahsat, Bayanat boards propose merger to create ‘AI-powered satcom, geospatial champion’ with $4B market cap

by Peter B. de Selding


UPDATE Dec. 20: This story has been updated to reflect additional information from Yahsat and Bayanat.

LA PLATA, Maryland — United Arab Emirates-based fixed and mobile satellite fleet operator Yahsat is merging with geospatial imagery and analytics provider Bayanat in a transaction that the companies said will “create an AI-powered technology champion with global reach” and a pro forma market capitalization of about $4 billion.

Both companies are traded on the Abu Dhabi Securities Exchange (ADX).

The Yahsat and Bayanat boards of directors . . .

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