Photo: Yahsat

Yahsat’s dedicated government arm Yahsat Government Solutions (YGS) has won a nearly $250 million contract from the UAE government. Yahsat announced the deal, Feb. 14. YGS will provide 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.

Yahsat has been providing operations and maintenance services since 2011 on its first two satellites, Al Yah 1 and Al Yah 2, which form part of a 15-year capacity services agreement 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.

“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. It is a sign of confidence in our offering and lays even stronger foundations for the future growth in our relationship. The mandate boosts Yahsat’s contracted future revenues to provide more visibility on the long-term financial outlook for the Group,” Ali Al Hashemi, group CEO of Yahsat, said in a statement.