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ANNUAL REPORT 2021

Satellite Technology.

Critical Communications.

Human Progress.

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AT A GLANCE

Satellite Technology.

Critical Communications.

Human Progress.

Al Yah Satellite Communications Company PJSC (Yahsat) is a public company listed on the Abu Dhabi Securities Exchange. A subsidiary of Mubadala Investment Company, Yahsat offers multi-purpose satellite services to more than 150 countries across Europe, the Middle East, Africa, South America, Asia and Australasia.

Take a Glance

Based in Abu Dhabi, UAE, and a subsidiary of Mubadala Investment Company, Yahsat offers multi-mission satellite services through our integrated business units – Yahsat Government Solutions, Thuraya, YahClick (powered by Hughes), YahLink and Yahlive.

Who we are
WHAT WE OFFER
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Yahsat provides a wide range of fixed and mobile satellite solutions for land, maritime and aero platforms to governments, enterprises, communities and individuals in over 150 countries across Europe, the Middle East, Africa, South America, Asia and Australasia. In 2020, Yahsat commenced construction of Thuraya-4 NGS, the next generation telecommunications system, which is due to enter service in 2024.

What we offer
Our Businesses
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Our Business Lines

Mobile Satellite Services operator for L-band based voice and data solutions

  • Infrastructure
  • Managed Solutions
  • Data Solutions
  • Mobility Solutions
  • Broadcast Solutions

These go to market under the following brands:

Yahsat Government Solutions

Managed end-to-end secure communication solutions and government capacity

Thuraya

Mobile Satellite Services for reliable direct-to-device voice and data solutions

YahClick

High-speed satellite broadband for consumer, enterprise and government users

YahLink

IP trunking solutions, corporate networking and backhauling capacity

Yahlive

Premium services for broadcasters and a select choice of TV channels

1 12% of 2021 consolidated revenues when incorporating Yahsat’s 20% share of Hughes do Brasil (HdB).

OUR GLOBAL FOOTPRINT
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Yahsat’s fleet of five geostationary satellites reaches more than 80% of the world’s population, enabling critical communications including broadband, video broadcasting, backhauling, and mobile voice and data solutions.

Our competitive advantage
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A highly attractive investment proposition with strong cash flow, a progressive dividend policy and significant growth potential.

  • Global connectivity enabler providing critical solutions
  • Significant growth potential
  • High-quality, well-invested asset base
  • Industry pioneer in fast-growing emerging markets
  • The UAE Government’s preferred partner
  • Highly attractive financial profile
  • Proven senior leadership and supportive shareholder
Who Are We
WHO ARE WE
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Based in Abu Dhabi, UAE, and a subsidiary of Mubadala Investment Company, Yahsat offers multi-mission satellite services through our integrated business units – Yahsat Government Solutions, Thuraya, YahClick (powered by Hughes), YahLink and Yahlive.

Who we are
What We Offer
WHAT WE OFFER
Download

Yahsat provides a wide range of fixed and mobile satellite solutions for land, maritime and aero platforms to governments, enterprises, communities and individuals in over 150 countries across Europe, the Middle East, Africa, South America, Asia and Australasia. In 2020, Yahsat commenced construction of Thuraya-4 NGS, the next generation telecommunications system, which is due to enter service in 2024.

What we offer
Our Businesses
Our Business
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1 12% of 2021 consolidated revenues when incorporating Yahsat’s 20% share of Hughes do Brasil (HdB).

Our Business Lines

Mobile Satellite Services operator for L-band based voice and data solutions

  • Infrastructure
  • Managed Solutions
  • Data Solutions
  • Mobility Solutions
  • Broadcast Solutions

These go to market under the following brands:

Yahsat Government Solutions

Managed end-to-end secure communication solutions and government capacity

Thuraya

Mobile Satellite Services for reliable direct-to-device voice and data solutions

YahClick

High-speed satellite broadband for consumer, enterprise and government users

YahLink

IP trunking solutions, corporate networking and backhauling capacity

Yahlive

Premium services for broadcasters and a select choice of TV channels

Our Global Footprint
OUR GLOBAL FOOTPRINT
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Yahsat’s fleet of five geostationary satellites reaches more than 80% of the world’s population, enabling critical communications including broadband, video broadcasting, backhauling, and mobile voice and data solutions.

Our Competitive Advantage
Key differentiators
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Our competitive advantage

A highly attractive investment proposition with strong cash flow, a progressive dividend policy and significant growth potential.

  • Global connectivity enabler providing critical solutions
  • Significant growth potential
  • High-quality, well-invested asset base
  • Industry pioneer in fast-growing emerging markets
  • The UAE Government’s preferred partner
  • Highly attractive financial profile
  • Proven senior leadership and supportive shareholder
CHAIRMAN

STATEMENTS

In 2021, Yahsat demonstrated sustained strength and resilience amidst continued economic disruption, laying strong foundations for growth in 2022 and beyond, as it continues to provide critical connectivity to government and commercial customers in the UAE and beyond.

Musabbeh Al Kaabi
Chairman

Yahsat delivered a strong financial performance in 2021, laying solid foundations for growth in 2022 as we continue to expand both our government and commercial businesses, and strengthen our leadership in the global satellite industry.

Ali Al Hashemi
Chief Executive Officer

2021 was a significant year for Yahsat. Not only did we successfully list on the ADX stock exchange but, in parallel, we delivered a robust operational performance amidst challenging trading conditions.

Andrew Cole
Chief Financial Officer
2021

HIGHLIGHTS

Revenue
US$ 407.6m

+1.23%

Net income
US$ 69.8m

+1.23%

Total Assets
US$ 1,862.2m

+1.23%

Equity attributable to the shareholders
US$ 841.4m

+1.23%

Adjusted EBITDA
US$ 240.5m

+1.23%

2007
  • Yahsat established
2008
  • UAE Government signed as Yahsat’s anchor customer
2009
  • Established broadcast JV with Yahlive (SES)
2011-2012
  • Yahsat’s first and second satellites Al Yah 1 and Al Yah 2 launched
  • YahClick launched for broadband across Africa, the Middle East and Asia
2015
  • Space Systems and Technology Programme – Cubesat (Khalifa University, UAE Space Agency, Northrop Grumman)
2018
  • Al Yah 3 launched, expanding YahClick further (Africa and Brazil)
  • Majority acquisition of Thuraya, adding mobile satellite solutions to Yahsat portfolio
  • Established JV with Hughes (BCS) for Africa and West Asia using Al Yah 2 / Al Yah 3
2019
  • Established JV with Hughes (HdB) for Brazil
2020
  • Thuraya-4 NGS ordered, with 15-year UAE Government contract
2021
  • Initial Public Offering on ADX
  • Appointed by UAE Government to assess fleet expansion
  • Launched Star Technologies JV
  • Contracted SpaceX to launch Thuraya-4 NGS
  • Partnered with Cobham SATCOM for Thuraya-4 NGS platform and products
  • Launched nextgen mobility platforms
  • Raised over US$ 700 million Term loan and ECA financing
  • Signed several multi-year commercial contracts for both fixed and mobile solutions
DRAG
OUR

BUSINESS MODEL

Finance

Sizeable contracted future revenues providing visibility and security on top line revenue and dividends

Lean cost structure with strong cost discipline across business

Stringent capital allocation with robust governance

High cash conversion ratio

Robust capital structure – strong balance sheet, low net debt and low leverage

spectrum

~200 active ITU filings to support future missions and strategy

Good access to markets across footprint

Unique spectrum rights including valuable L-band

human capital

Experienced, long-serving team with proven track record of growth

Internationally diverse and highly-specialised workforce

Long track record of developing and attracting local talent

UAE-based team with security clearance necessary to support government needs

technology & assets

Well-invested infrastructure assets across space and ground

Fleet of five satellites spanning five continents, with one more under construction

Modern infrastructure spanning both FSS and MSS

business & relationships

UAE’s flagship satellite operator

Recognised industry leader, nationally and internationally

Strong distribution presence and partnerships

Strong relationship as a trusted partner with the UAE Government

Deep partnerships with global industry leaders

our vision

To be the global partner of choice for reliable, innovative and affordable satellite solutions.

Our Mission

To deliver exceptional value to our customers, shareholders and partners by focusing on the following:

Quality

Being an industry centre of excellence for our customers and partners by offering innovative, reliable and affordable satellite solutions.

human capital

Empowering our employees to succeed and become proud role models in their communities.

growth

Anticipating and fulfilling the satellite communications needs of governments, enterprises, communities and individuals across our footprint.

Our Value Proposition

A leading fixed and mobile satellite services operator offering integrated satellite communications solutions to over 150 countries.

Enabling critical communications including broadband, broadcasting, backhauling, and mobile voice and data solutions.

Wide range of C, Ku, Ka, and L-band solutions for land, maritime and aero platforms to governments, enterprises, communities and individuals.

A fleet of 5 satellites reaching more than two-thirds of the world’s population, with a sixth under construction.

Al Yah 1

Al Yah 2

Al Yah 3

Thuraya-2

Thuraya-3

Thuraya-4 NGS
(under construction)

Our businesses
Infrastructure (securedcapacity) and Managed Solutions
Land mobile voice and data, IoT and M2M solutions, maritime and aero connectivity
Consumer broadband, enterprise connectivity, WiFi hotspot, backhaul solutions
IP trunking solutions, Corporate VSAT, carrier solutions using C-band
Broadcasting solutions

Our values underpin everything we do:

Respect

Reliability

Agility

Customer Focus

Creativity

OUR CUSTOMERS
(governments, enterprises, communities and individuals)

Secured, reliable and multi-purpose connectivity solutions

Affordable satellite solutions to connect the unconnected across more than 150 countries

Strategic and sovereign advanced satellite solutions for the UAE Government

Enriched and value-added solutions

Countries covered

150+

Our Employees

Exciting technical and business work environment to develop and maximise potential

Progression, learning, diversity and inclusion

Strong leadership, experience and opportunity for growth

Number of nationalities

42

Our Shareholders

Attractive and progressive dividends

High-growth and value creation opportunities

Solid investment opportunity reinforced with long-term AA+ customer contracts

Adjusted EBITDA

US$ 240.5m

Our Nation

Supporting the development of UAE Nationals and a powerful UAE space sector

Contributing to the Abu Dhabi 2030 Vision

Enhancing the national economy by partnering and creating new opportunities

Emiratisation

52%

Emiratisation excluding third party contractors.

Our Strengths

Sustainable Value Creation

For Our Stakeholders

OUR

STRATEGY

Expand core government business in infrastructure and managed solutions
  • Solidify our core business to deliver more missions, more solutions and more value
  • Enrich and expand our portfolio of government products, solutions and services
  • Diversify our government business to more entities in the UAE, including civil, and penetrate more strategic international markets
  • Differentiate through unique products and solutions, deeper distribution relationships and higher value add
  • Accelerate commercial business across Yahsat Government Services, Thuraya and YahClick
  • Expand market share in growing Fixed Satellite Services (FSS) and Mobile Satellite Services (MSS) markets and regions, by capitalising on unique relationships, technologies and business models
Diversify and expand commercial business
  • Capitalise on the increasingly critical role played by satellite in the global connectivity and applications ecosystem, including IoT
  • Drive strategic partnerships to invest and diversify into adjacent service areas to better serve customers
Invest and partner to diversify and grow
  • Create long-term value collaboration with other key players in the broad UAE space and technology ecosystem
  • Support UAE 2030 agenda by spurring new in-country development in space, technology and industrialisation
Build on position as the UAE’s flagship satellite operator
Expand core government business in infrastructure and managed solutions
  • Entered into 15-year agreement with the UAE Government for services on upcoming satellite Thuraya-4 NGS
  • Entered into strategic partnerships to deploy mission-ready defence vehicular systems
  • Appointment by the UAE Government to assess fleet expansion for future defence capacity needs
Diversify and expand commercial business

Managed Solutions

  • Accelerated commercial business lines and signed new customers for both FSS and MSS solutions
  • Signed MoU with Mubadala Petroleum to explore advanced satellite technologies

Mobility Solutions

  • Secured long-term distribution agreement worth US$ 86 million with an existing global service partner
  • Evolved GTM with eight new distribution agreements and business models, including establishment
  • of new partnerships to address multiple verticals including government, maritime and aero
  • Launched new products (e.g. maritime tracking and monitoring) and strengthened foundation for future strategic growth portfolio (maritime, IoT, government, enterprise)

Data Solutions

  • More than doubled direct-to-market subscriber base in South Africa, while the overall YahClick subscriber base grew by 20% to over 18,000
  • Signed pan-African agreement with iSat Africa for connectivity services
  • Signed multiple enterprise and wholesale deals, including for cellular backhaul, dramatically increasing the Data Solutions contracted future revenues to over US$ 22 million by 31 December 2021
Invest and partner to diversify and grow
  • Broadened participation in value chain with formation of JV to develop and manufacture satellite communications technology
  • Thuraya-4 NGS progressing and on track to commence commercial operations in 2024
  • Selected Cobham as broadband platform provider on Thuraya-4 NGS to bring next generation and best-in-class product portfolio to both government and commercial customers
Build on position as the UAE’s flagship satellite operator
  • Laid foundations for new strategic platforms to serve UAE and international governments and enterprises, including Group 42 for Situational Awareness, including remote sensing and AI-enabled geospatial analytics
  • Khalifa University’s second CubeSat ‘DhabiSat’ launched to International Space Station (ISS)
  • Solidified position as a satellite centre of excellence through talent attraction and retention as well as development of national expertise
Expand core government business in infrastructure and managed solutions
  • Sustain core business by securing new long-term FSS capacity agreement with the UAE Government (on two potential new satellites, Al Yah 4 and Al Yah 5)
  • Secure multi-year O&M extension with extended scope with the UAE Government
  • Capture more value by deepening participation both up and down the value chain
  • Become sole provider for all UAE satcom by expanding government offerings, and expand commercial base and reach to other regional governments
Diversify and expand commercial business

Managed Solutions

  • Complete transition from previous project delivery function into higher value-add system integrator
  • Continue expansion into adjacent government entities and international government customers

Mobility Solutions

  • Enhance products and services portfolio, and expand solution and applications offering
  • Accelerate strategic M2M/IoT, regional maritime and government business
  • Push into major strategic markets within coverage area and continue seeking partnerships to drive and unlock value

Data Solutions

  • Accelerate uptake in all segments and regions through targeted and customised GTM models, from D2M to VNO/Wholesale
  • Push for selective geographic expansion, leveraging interim third party capacity in case current fleet does not have coverage
  • Drive new segments and increase market share of cellular backhaul solutions for mobile network operators
Invest and partner to diversify and grow
  • Seek new investment opportunities to build further across all platforms
  • Embrace complementarity of newspace on Yahsat business to capture value and broaden scope
  • Continue current trajectory of organic growth combined with strategic UAE partnerships, and consider potential horizontal or vertical M&A to build scale if value proposition is strong
Build on position as the UAE’s flagship satellite operator
  • Deliver first phase of solutions from Star Technologies JV to UAE Government and expand scope to drive more products to more customers, including international
  • Strengthen collaboration with G42 to create a UAE remote sensing industrial champion
  • Continue focussing on national talent development and further nurture solid UAE G2G relationships

Strategic Objectives

Highlights

  • Entered into 15-year agreement with the UAE Government for services on upcoming satellite Thuraya-4 NGS
  • Entered into strategic partnerships to deploy mission-ready defence vehicular systems
  • Appointment by the UAE Government to assess fleet expansion for future defence capacity needs

Managed Solutions

  • Accelerated commercial business lines and signed new customers for both FSS and MSS solutions
  • Signed MoU with Mubadala Petroleum to explore advanced satellite technologies

Mobility Solutions

  • Secured long-term distribution agreement worth US$ 86 million with an existing global service partner
  • Evolved GTM with eight new distribution agreements and business models, including establishment
  • of new partnerships to address multiple verticals including government, maritime and aero
  • Launched new products (e.g. maritime tracking and monitoring) and strengthened foundation for future strategic growth portfolio (maritime, IoT, government, enterprise)

Data Solutions

  • More than doubled direct-to-market subscriber base in South Africa, while the overall YahClick subscriber base grew by 20% to over 18,000
  • Signed pan-African agreement with iSat Africa for connectivity services
  • Signed multiple enterprise and wholesale deals, including for cellular backhaul, dramatically increasing the Data Solutions contracted future revenues to over US$ 22 million by 31 December 2021
  • Broadened participation in value chain with formation of JV to develop and manufacture satellite communications technology
  • Thuraya-4 NGS progressing and on track to commence commercial operations in 2024
  • Selected Cobham as broadband platform provider on Thuraya-4 NGS to bring next generation and best-in-class product portfolio to both government and commercial customers
  • Laid foundations for new strategic platforms to serve UAE and international governments and enterprises, including Group 42 for Situational Awareness, including remote sensing and AI-enabled geospatial analytics
  • Khalifa University’s second CubeSat ‘DhabiSat’ launched to International Space Station (ISS)
  • Solidified position as a satellite centre of excellence through talent attraction and retention as well as development of national expertise

Future Focus

  • Sustain core business by securing new long-term FSS capacity agreement with the UAE Government (on two potential new satellites, Al Yah 4 and Al Yah 5)
  • Secure multi-year O&M extension with extended scope with the UAE Government
  • Capture more value by deepening participation both up and down the value chain
  • Become sole provider for all UAE satcom by expanding government offerings, and expand commercial base and reach to other regional governments

Managed Solutions

  • Complete transition from previous project delivery function into higher value-add system integrator
  • Continue expansion into adjacent government entities and international government customers

Mobility Solutions

  • Enhance products and services portfolio, and expand solution and applications offering
  • Accelerate strategic M2M/IoT, regional maritime and government business
  • Push into major strategic markets within coverage area and continue seeking partnerships to drive and unlock value

Data Solutions

  • Accelerate uptake in all segments and regions through targeted and customised GTM models, from D2M to VNO/Wholesale
  • Push for selective geographic expansion, leveraging interim third party capacity in case current fleet does not have coverage
  • Drive new segments and increase market share of cellular backhaul solutions for mobile network operators
  • Seek new investment opportunities to build further across all platforms
  • Embrace complementarity of newspace on Yahsat business to capture value and broaden scope
  • Continue current trajectory of organic growth combined with strategic UAE partnerships, and consider potential horizontal or vertical M&A to build scale if value proposition is strong
  • Deliver first phase of solutions from Star Technologies JV to UAE Government and expand scope to drive more products to more customers, including international
  • Strengthen collaboration with G42 to create a UAE remote sensing industrial champion
  • Continue focussing on national talent development and further nurture solid UAE G2G relationships
Key performance indicators
Revenue
US$
407.6
m

+1.23%

Net income
US$
69.8
m

+1.23%

Adjusted EBITDA
US$
240.5
m

+1.23%

Commercial broadband users
US$
18,300
m

+1.23%

DFCF
US$
179.5
m

+1.23%

Commercial narrowband users
US$
231,000
m

+1.23%

Contracted future revenues
+US$ 2.0b

+1.23%

OUR

BUSINESS REVIEW

Managed satellite-based services for land, sea and air
  • Secured end-to-end managed solutions and government capacity
  • Bespoke turnkey satcom platforms
  • Defence, government and mission critical applications for land, sea and air
Mobile satellite operator for L-band voice and data solutions
  • Coverage in 150+ countries, reaching over 2/3 of world’s population across EMEA, Asia and Australasia
  • Serving a variety of sectors including government, consumer, enterprise and NGO, on land, at sea and in the air
  • 230,000+ subscribers and 390+ roaming agreements globally
  • Addressing the high-growth direct-to-user mobile satellite solutions sector
  • Broad portfolio of solutions with next generation platforms being rolled out to accelerate growth, including in attractive IoT & maritime sectors
High-speed satellite broadband for consumers, enterprises, Mobile Network Operators and governments
  • Leading satellite internet broadband provider across Brazil, Africa, Middle East and South West Asiaenabled through its Ka-band high-throughput satellites
  • Covering over 1 billion people in high-growth, emerging markets throughout our footprint
  • Affordable broadband solutions to consumers, enterprises, Mobile Network Operators and governments
  • Flexible go-to-market model through a comprehensive network of in-market service providers
Direct-to-home TV broadcasting of leading content to over 110 million viewers
  • Provision of television broadcast capacity and services through an equity partnership between Yahsat and SES
  • 180+ television and 25 radio channels carried on Yahlive capacity
  • 20+ markets the Middle East, North Africa, South West Asia and Europe
  • 110+ million viewers
Managed satellite-based services for land, sea and air
  • Secured end-to-end managed solutions and government capacity
  • Bespoke turnkey satcom platforms
  • Defence, government and mission critical applications for land, sea and air
Mobile satellite operator for L-band voice and data solutions
  • Coverage in 150+ countries, reaching over 2/3 of world’s population across EMEA, Asia and Australasia
  • Serving a variety of sectors including government, consumer, enterprise and NGO, on land, at sea and in the air
  • 230,000+ subscribers and 390+ roaming agreements globally
  • Addressing the high-growth direct-to-user mobile satellite solutions sector
  • Broad portfolio of solutions with next generation platforms being rolled out to accelerate growth, including in attractive IoT & maritime sectors
High-speed satellite broadband for consumers, enterprises, Mobile Network Operators and governments
  • Leading satellite internet broadband provider across Brazil, Africa, Middle East and South West Asiaenabled through its Ka-band high-throughput satellites
  • Covering over 1 billion people in high-growth, emerging markets throughout our footprint
  • Affordable broadband solutions to consumers, enterprises, Mobile Network Operators and governments
  • Flexible go-to-market model through a comprehensive network of in-market service providers
Direct-to-home TV broadcasting of leading content to over 110 million viewers
  • Provision of television broadcast capacity and services through an equity partnership between Yahsat and SES
  • 180+ television and 25 radio channels carried on Yahlive capacity
  • 20+ markets the Middle East, North Africa, South West Asia and Europe
  • 110+ million viewers
OUR

CASE STUDIES

Delivering

a self-sustaining satcom industry in the UAE

Star Technologies launched to develop and manufacture satellite communications technology.

Download

Enabling

remote education during the pandemic

High-speed internet connectivity via satellite to support smart learning for 300 students in remote areas of the UAE.

Download
OUR
Sustainability at Yahsat

To ensure we are in the best possible position to effectively continue and improve our contributions towards promoting sustainable development, we set out to meet three key objectives as a Company in 2021 and 2022. The first objective was to identify and understand the sustainability-related areas of most importance to the Group as a whole. The second was to develop an appropriate approach to report on and manage these areas. The third objective was to develop a sustainability strategy to improve the Group’s overall ESG/sustainability performance.

We are committed to operating with integrity and maintaining the highest professional and ethical standards in every aspect of our business. Through our established and evolving governance structures, we aim to ensure all of our operational activities are performing as intended, including complying with local and international regulations, improving business performance and ensuring stakeholder interests continue to be met.

Through our technological excellence and customer-centric approach, we strive to provide innovative, reliable and affordable satellite solutions to Yahsat’s customers. Such solutions enable communities around the world to connect with each other, and provide Yahsat with multiple opportunities to create positive community impacts.

We know that our achievements at Yahsat are fundamentally built upon the cumulative abilities and attitudes of our workforce. We are committed to empowering our employees to succeed and to become role models in their communities. A key objective is to attract and retain highly-talented employees while simultaneously promoting Emiratisation. By building a diverse, egalitarian and safe working environment, we strive to maximise employee wellbeing.

We are committed to reducing adverse environmental impacts stemming from Yahsat’s operational activities. Through reductions in our energy consumption and the exploration of incorporating renewable energy sources where possible, we are working hard to reduce our total carbon emissions. We are also seeking to reduce our resource consumption and increase material resource lifespans wherever possible.

Business partnerships continue to be a crucial component of Yahsat’s success. By prudently forming mutually beneficial partnerships, we strive to ensure all stakeholder concerns and associated risks are sufficiently addressed and monitored, as well as contributing towards national space ambitions.

Reliable Corporate Governance

We are committed to operating with integrity and maintaining the highest professional and ethical standards in every aspect of our business. Through our established and evolving governance structures, we aim to ensure all of our operational activities are performing as intended, including complying with local and international regulations, improving business performance and ensuring stakeholder interests continue to be met.

Serving Customers & Communities

Through our technological excellence and customer-centric approach, we strive to provide innovative, reliable and affordable satellite solutions to Yahsat’s customers. Such solutions enable communities around the world to connect with each other, and provide Yahsat with multiple opportunities to create positive community impacts.

Investing in People

We know that our achievements at Yahsat are fundamentally built upon the cumulative abilities and attitudes of our workforce. We are committed to empowering our employees to succeed and to become role models in their communities. A key objective is to attract and retain highly-talented employees while simultaneously promoting Emiratisation. By building a diverse, egalitarian and safe working environment, we strive to maximise employee wellbeing.

Promoting Environmental Protection

We are committed to reducing adverse environmental impacts stemming from Yahsat’s operational activities. Through reductions in our energy consumption and the exploration of incorporating renewable energy sources where possible, we are working hard to reduce our total carbon emissions. We are also seeking to reduce our resource consumption and increase material resource lifespans wherever possible.

Developing The Right Business Partnerships

Business partnerships continue to be a crucial component of Yahsat’s success. By prudently forming mutually beneficial partnerships, we strive to ensure all stakeholder concerns and associated risks are sufficiently addressed and monitored, as well as contributing towards national space ambitions.