Space42 PLC (ADX:SPACE42)
United Arab Emirates flag United Arab Emirates · Delayed Price · Currency is AED
1.480
+0.050 (3.50%)
At close: Apr 28, 2026

Space42 Company Description

Space42 PLC operates as an artificial intelligence (AI) powered SpaceTech company in the United Arab Emirates, Asia, Africa, Europe, North America, and internationally.

It operates through two segments, Space Services (SPA) and Smart Solutions (SOL). The Space Services segment provides satellite communication solutions for government and mission-critical applications; reliable mobility and communication solutions; and high-speed data connectivity solutions.

The Smart Solutions segment offers earth observation and geospatial solutions using Space42’s AI-driven multi-intelligence platform, GIQ, which integrates data from space and ground assets.

The company was formerly known as Bayanat AI PLC and changed its name to Space42 PLC in October 2024.

Space42 PLC was incorporated in 2022 and is based in Abu Dhabi, the United Arab Emirates. Space42 PLC operates as a subsidiary of Group 42 Holding LTD.

Space42 PLC
Country United Arab Emirates
Founded 2022
Industry Engineering, Accounting, Research, Management, and Related Services
Employees 541
CEO Karim Sabbagh

Contact Details

Address:
Al Sarab Tower
Abu Dhabi
United Arab Emirates
Phone 971 2 641 0000
Website space42.ai

Stock Details

Ticker Symbol SPACE42
Exchange Abu Dhabi Securities Exchange
Fiscal Year January - December
Reporting Currency USD
SIC Code 8700

Key Executives

Name Position
Karim Sabbagh Chief Executive Officer
Andrew Cole Chief Financial Officer
Bruno Priuli Head of Investor Relations