Yahsat Government Solutions (YGS), the dedicated government arm of Al Yah Satellite Communications Company, Yahsat, the UAE’s flagship satellite solutions provider, has been awarded a $247.5 million mandate to provide enhanced managed services to the UAE Government for its satellite communications capabilities.
The agreement augments the previous operations and maintenance services provided, to include technology management support, from January 2022 until the end of 2026. This mandate reinforces Yahsat’s long-standing relationship with the UAE government, which dates back over a decade, highlighting the group’s role as the preferred partner for capacity and solutions.
Since 2011, Yahsat has provided operations and maintenance services for its first two satellites, Al Yah 1 and Al Yah 2, as part of a 15-year capacity services deal with the UAE government. In 2021, Yahsat was requested by the UAE government to explore two new satellites, Al Yah 4 and Al Yah 5, to be launched by 2026.
Ali Al Hashemi Group CEO-Yahsat
“We are delighted to receive this mandate from the UAE Government to provide extensive managed services for their satellite communications capabilities. Today’s announcement validates our strategic approach to expand our offering across the value chain while enhancing our ability to provide end-to-end secure and critical satellite solutions and connectivity. This further demonstrates the strength of our relationship with the UAE Government, with whom we have had a strong partnership for over 10 years.”
This latest milestone builds upon Yahsat’s strategy to expand its Managed Solutions capabilities across the value chain to provide more strategic services to key clients within the UAE and internationally. The mandate also adds to the Group’s contracted future revenues which now stand at approximately $2.3 billion.
