ABU DHABI, United Arab Emirates, Dec. 16, 2018 (Hughes Network Systems PR) — Al Yah Satellite Communications Company (Yahsat), a leading global satellite operator based in the United Arab Emirates and wholly owned by Mubadala Investment Company (Mubadala), and Hughes Network Systems (HUGHES), a subsidiary of EchoStar Corporation (EchoStar) (NASDAQ: SATS), a premier global provider of satellite communication solutions, today announced the commencement of a joint venture to provide commercial satellite services across Africa, the Middle East and southwest Asia.
The agreement to form the joint venture was announced in September 2018, during the World Satellite Business Week Conference held in Paris, and was subject to regulatory and other approvals that have now been obtained. The newly formed company is bringing services to market as “YahClick, powered by Hughes,” and is now operational.
An Ariane 5 booster delivered two communications satellites into the wrong orbits on Thursday, but their owners say the spacecraft are healthy and will be able to reach their intended destinations using on-board propulsion.
DULLES, Virg., 26 May 2015 (Orbital ATK PR) – Yahsat, the Masdar Institute of Science and Technology and Orbital ATK, signed a memorandum of understanding (MoU) on May 25, 2015 in Abu Dhabi, United Arab Emirates (UAE) to announce the joint creation of the Gulf-region’s first Master’s level advanced studies space program, endorsed by the Massachusetts Institute of Technology (MIT).
The MoU was signed in the presence of HH Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai. The signing was also attended by key government officials and Chairmen of Yahsat, The UAE Space Agency and Masdar Institute.
The MoU was signed by Dr. Ahmed Belhoul, CEO of Masdar, Masood M. Sharif Mahmood, CEO of Yahsat and Tom Wilson, Vice President of Strategy and Business Development, on behalf of David W. Thompson, President and CEO of Orbital ATK.