UAE Aerospace
Industry Takes Giant Step Forward with Launch of
Yahsats Third Satellite
25 June, 2014
Yahsathas announced plans to launch their third
satellite in 2016, extending their commercial Ka-band
coverage to an additional 17 countries and 600
million users. This third satellite places
Yahsat as the world’s eighth largest operator in
terms of revenue and as a leader in innovative
satellite solutions.
Homaid
Al Shemmari, CEO of Aerospace and Engineering
Services at Mubadala, said: “Yahsat is one of
the UAE’s great success stories. With the launch
of Al Yah 3, we are well positioned to reach our
goal of becoming a global leader in the
provision of advanced satellite services. The
launch of the company’s third satellite within
less than a decade of operation is a clear
signal of the UAE aerospace industry’s
intentions for the future.”
The
UAE’s investment in space exploration, aerospace
and the satellite industry is encouraging a new
generation of UAE National science and
technology leaders across multiple disciplines.
A young company with a work force of over 57%
UAE Nationals already, Al Yah 3 will create new
career opportunities for UAE Nationals, through
a new program developed for the Al Yah 3
project, which will allow a select group of
students to follow the end-to-end satellite
manufacturing process. The students will gain
hands-on experience, securing their careers in
the industry and building capabilities which
benefit the broader UAE technology and aerospace
sector.
His
Excellency Jassem Bu Ataba Al Zaabi, Chairman of
Yahsat’s Board of Directors, said: “The UAE is
rapidly developing as a key player in the global
satellite industry, becoming the region’s hub
for satellite innovation. With the support of
our leadership, customers, partners and
suppliers, Yahsat is the leading regional
operator for the deployment of government
satellite communication programs, as well as
pioneering innovative commercial platforms. The
next goal is to make our value proposition a
global one.”
Masood
M. Sharif Mahmood, Yahsat Chief Executive
Officer said: “Al Yah 3 marks another milestone
for Yahsat, expanding our footprint to new
markets and reinforcing our vision to be the
global partner of choice for reliable,
innovative and affordable satellite solutions.
The success of both Y1A and Y1B in providing
government, NGO, consumer and corporate services
has given us the drive to explore new growth
avenues.”
Al Yah 3
will utilize the most advanced technology
available in the market, will extend the
company’s commercial Ka-band coverage across the
African continent and will for the first time
cover South America. The service will provide
wide reaching, reliable and cost effective
satellite broadband and internet connectivity to
unserved and underserved communities, consumers,
enterprises and telecom operators.
“Our
success is in large part to the world-class
international experts and Emirati professionals
that work side by side to make Yahsat a truly
multicultural company that encourages and drives
our employees to meet and exceed challenges with
confidence,” added Mahmood.
Yahsat
will soon be announcing its partners for the
manufacture and launch of Al Yah 3, and will
continue to explore options for the provision of
its ground and network system. The company will
also continue discussions to finalize its
strategic distribution partnerships across
Africa and Brazil. Given the unique
qualities of each market, the go to market model
will be tailored to ensure customer experience
and value are optimised.
Al Yah 3
will be an all Ka-band high throughput
satellite, with a unique design that optimizes
cost, capacity, coverage and flexibility. It
will enable delivery of affordable broadband,
directly or indirectly to over 600 million users
in both continents, specifically covering more
than 9
5%
of the population in Brazil. This is in line
with Yahsat’s goal to encourage social and
economic development by providing people with a
platform to access information, enabling them to
enter the digital sharing stage as well as
facilitate businesses to expand their network
and help create jobs.