Yahsat appoints Amit Somani as Chief Growth and Strategy Officer

01/04/2024

Mr. Somani will oversee the development and implementation of the company's growth strategy and spearhead global strategic partnerships

Abu Dhabi, United Arab Emirates, 1 April 2024: Al Yah Satellite Communications Company (ADX: YAHSAT), the UAE's flagship satellite solutions provider, has announced the appointment of Amit Somani as Chief Growth and Strategy Officer.

Mr. Somani, a veteran of the satellite communications industry, rejoins Yahsat with over 27 years of experience in satellite communications and management consulting. He already has extensive knowledge of Yahsat across various roles during his previous tenure with the company from 2010 to 2022. These included Vice President of Strategy and Business Development and most recently Chief Strategy Officer from 2014 to 2022.

In his new leadership role with Yahsat, Mr. Somani will oversee the development and implementation of the company's growth strategy in addition to spearheading its global strategic partnerships and alliances. This expanded position reaffirms Yahsat's accelerated efforts to successfully implement its wider growth strategy. Mr. Somani's expertise will be crucial in enabling the company to diversify its range of products and solutions while venturing into new emerging market segments and expanding its satellite capabilities.

Ali Al Hashemi, Group Chief Executive Officer of Yahsat, said: We would like to welcome Amit back into the Yahsat family. His appointment is part of Yahsat's continuous efforts to attract the best talent from across the satellite communications industry who can help us deliver on our ambitious growth strategy. His in-depth knowledge of the satellite communications industry and his proven leadership capabilities will be crucial in advancing our goals.

Mr. Al Hashemi highlighted Mr. Somani's active participation in implementing Yahsats successful IPO and listing on the Abu Dhabi Securities Exchange (ADX) in 2021, as an example of his ability to deliver exceptional results.

Amit Somani, Chief Growth and Strategy Officer of Yahsat, said: I am delighted to return to Yahsat and contribute to its ambitious mission of transforming the space industry in the UAE and the wider region. It is a pleasure to resume my journey with Yahsat and contribute to its growth, innovation, delivering exceptional solutions for its valued customers, building upon its strong foundations, strategic partnerships, and operational excellence.

Mr. Somani will return to Yahsat in this new role on 1st April 2024, after a two-year stint as Chief Executive Officer of the UAE-based international hedge fund consortium, ABS Global.

He holds an Executive Master of Business Administration (EMBA) degree from the London Business School and a MEng. degree in Electrical Engineering, from the University of Nottingham, UK.

LINK:	https://www.yahsat.com:443/en/news-and-media/news/2024/yahsat-appoints...
	See more stories from yahsat

Middle East Stories

21/11/2024

Construction is underway at First Westlake Logistics Park

Construction is underway at First Westlake Logistics Park Construction on First Gulfs latest industrial development First Westlake Logistics Park in Ja...

19/11/2024

Space42 Appoints Q Market Makers (QMM) as Liquidity Provider to Enhance Market Accessibility

The appointment reflects Space42s commitment to building a dynamic market enviro...

11/11/2024

Space42 and the Ministry of Education launch SpaceTech educational campaign for UAE students

Space42 and the Ministry of Education launch SpaceTech educational campaign for ...

30/10/2024

Space42 and nybl unveil revolutionary AI solution to boost efficiency and productivity in oil and gas industry

The launch follows the successful implementation on 27 oil wells using an oil an...

28/10/2024

Space42 Secures Exclusive Naming Rights for Abu Dhabi's Newest Multi-Purpose Venue

The multi-design, state-of-the-art Space42 Arena in Al Raha Beach, Abu Dhabi w...

15/10/2024

Space42 and nybl unveil revolutionary AI solution to boost efficiency and productivity in oil and gas industry

Dubai, 15 October, 2024 : Space42 and nybl unveil revolutionary AI solution to ...

01/10/2024

Space42 Debuts on Abu Dhabi Securities Exchange Following Merger of Bayanat and Yahsat

Space42 is a new, UAE-based AI-powered SpaceTech company with a global reach, in...

05/09/2024

Element Celebrates Grand Opening of New Facility at Bronte Station

In a milestone for Bronte Station Business Park, Element Materials Technology, a global leader in materials and product qualification testing, inspection, and ...

30/07/2024

Yahsat reports robust first half results for 2024

Resilient first half performance with stable Normalised EBITDA and net income Revenue, profitability and cash flow guidance reiterated for the full year Abu D...

18/07/2024

Yahsat holds high-level forum for Zimbabwe Government Ministries showcasing its advanced s...

Yahsat accelerates efforts to expand in Zimbabwe following agreement with Satcom...

10/06/2024

Yahsat contracts Airbus for the construction of Al Yah 4 and Al Yah 5 satellites

- Fully flexible, software-defined payloads will allow in-orbit reconfiguration of coverage area, capacity and communication frequencies - Full programme cost...

29/05/2024

Yahsat partners with SATCOM Technologies to deliver advanced satellite communications solutions in Zimbabwe

Marrakech, Morrocco, 29 May, 2024 : Marrakech, Morrocco, 29 May 2024: Al Yah Sa...

24/05/2024

Yahsat Awarded Highest Tier 4 Certification from World Teleport Association

The certification underscores world-class standards of services at Yahsat's Abu Dhabi Teleport Abu Dhabi, United Arab Emirates, 21 May 2024: Al Yah Satelli...

22/05/2024

Yahsat partners with Eutelsat Group to leverage EUTELSAT KONNECT satellite to drive growth...

EUTELSAT KONNECT satellite will enhance Yahsat's satellite network with mult...

15/05/2024

Thuraya unveils groundbreaking next generation IP NEO terminal developed in collaboration with Cobham Satcom

Abu Dhabi, 15 May, 2024 : IP NEO is a Thuraya 4-ready lightweight portable sate...

15/05/2024

Thuraya unveils groundbreaking next generation IP NEO terminal developed in collaboration ...

Abu Dhabi, 15 May, 2024 : IP NEO is a Thuraya 4-ready lightweight portable sate...

14/05/2024

Yahsat reports strong first quarter results for 2024

Highest ever Q1 revenue with Normalised EBITDA growth of 7% Profitability, cash flow and capital expenditure guidance reiterated Abu Dhabi, United Arab Emirat...

10/05/2024

Thuraya network coverage restored in the Indo-China region as recovery measures underway

Abu Dhabi, 10 May 2024: Further to our previous communications about the unexpec...

10/05/2024

Thuraya network coverage restored in the Indo-China region as recovery measures underway

Abu Dhabi, 10 May, 2024 : Abu Dhabi, 10 May 2024: Further to our previous commu...

09/05/2024

Yahsat welcomes high-level delegation from South Africa led by HE Deputy President Paul Ma...

The visit discussed potential for Yahsat to expand its presence in South Africa ...

25/04/2024

Bayanat and Yahsat Shareholders Approve Merger to Create SPACE42

Bayanat AI PLC (ADX: BAYANAT), a leading AI-powered geospatial solutions provider, and Al Yah Satellite Communications Company P.J.S.C. (ADX: YAHSAT), the UAE&#...

25/04/2024

Thuraya Telecommunications Company PJSC announced on 5 April 2024 the opening of board nominations from 5 April 2024 ending on 15 April 2024. We have received the following nominations:

23/04/2024

Bayanat and Yahsat Shareholders Set to Vote on Recommended Merger on 25 April

The merger will provide vertical integration potential and enhanced product offerings to capture regional and international opportunities for revenue growth and...

23/04/2024

Thuraya signs agreement with CYSEC to offer powerful satellite encryption and cybersecurity solution

Abu Dhabi, 23 April, 2024 : Partnership delivers greater cybersecurity to Thura...

02/04/2024

Algrie Tlcom Satellite unveiled as official distributor in Algeria for new SKYPHONE by Thuraya

Abu Dhabi, 02 April, 2024 : Abu Dhabi, United Arab Emirates, 2 April 2024: Thur...

01/04/2024

Yahsat appoints Amit Somani as Chief Growth and Strategy Officer

Mr. Somani will oversee the development and implementation of the company's growth strategy and spearhead global strategic partnerships Abu Dhabi, United A...

21/03/2024

Bayanat and Yahsat shareholders to vote on recommended merger to create SPACE42 on 25 April

- A circular was issued today setting both entities' General Assembly Meetin...

21/03/2024

Bayanat and Yahsat shareholders to vote on recommended merger to create SPACE42 on 25 Apri...

- A circular was issued today setting both entities' General Assembly Meetin...

18/03/2024

Thuraya partners with Niflink to deliver telemedicine and eLearning to users across its network

Abu Dhabi, 18 March, 2024 : Abu Dhabi, 18 March 2024: Thuraya Telecommunication...

18/03/2024

Thuraya partners with Niflink to deliver telemedicine and eLearning to users across its ne...

Abu Dhabi, 18 March, 2024 : Abu Dhabi, 18 March 2024: Thuraya Telecommunication...

22/02/2024

Thuraya unveils SKYPHONE by Thuraya' - the world's most powerful consumer smartphone with satellite connectivity at Mobile World Congress 2024

Abu Dhabi , 22 February, 2024 : The first universal Direct-to-Device (D2D) Android smartphone with satellite voice and SMS capability Abu Dhabi, 22 February 2...

22/02/2024

Thuraya unveils SKYPHONE by Thuraya' - the world's most powerful consumer smartphone with...

Abu Dhabi , 22 February, 2024 : The first universal Direct-to-Device (D2D) Andr...

21/02/2024

Yahsat sets the bar high for global connectivity as it unveils Project SKY', an ambitious...

The industry disruptive strategy is primed to transform the lives of billions of...

20/12/2023

Introducing Space42, a new AI-powered space technology champion with global reach, and its Board of Directors

Abu Dhabi, 20 December 2023: Further to the announcements made by Bayanat AI PLC...

20/12/2023

Introducing Space42, a new AI-powered space technology champion with global reach, and its...

Abu Dhabi, 20 December 2023: Further to the announcements made by Bayanat AI PLC...

19/12/2023

Bayanat and Yahsat boards recommend merger to create an AI-powered space technology champi...

The combination will bring together complementary capabilities to create a UAE-b...

27/11/2023

Yahsat to Demonstrate Space Technologies' Critical Role in Empowering Climate Solutions du...

Yahsat's next-generation climate tech solutions to support efforts to mitiga...

21/11/2023

Thuraya collaborates with Norway-based AnsuR Technologies to distribute its advanced video...

Asmira video compression technology delivers advanced capabilities to end users ...

21/11/2023

Thuraya collaborates with Norway-based AnsuR Technologies to distribute its advanced video compression solutions

Abu Dhabi, 21 November, 2023 : Abu Dhabi, UAE, 20 November 2023: Thuraya Teleco...

21/11/2023

Thuraya collaborates with Norway-based AnsuR Technologies to distribute its advanced video...

Abu Dhabi, 21 November, 2023 : Abu Dhabi, UAE, 20 November 2023: Thuraya Teleco...

16/11/2023

EDGE Selects Yahsat to Provide Satellite Communication Solutions for its REACH-S Airborne ...

Yahsat's reliable and secure connectivity solutions to be installed on EDGE&...

15/11/2023

Yahsat, Bayanat and ICEYE Expand SAR Satellite Fleet to Seven Spacecraft Covering the Midd...

Dubai, 15 November, 2023: Bayanat (a leading provider of AI-powered geospatial s...

07/11/2023

Yahsat Reports Strong Third Quarter Results for 2023

Third quarter revenues grew 8% versus prior year, second highest on record Nine-month revenues and Normalised EBITDA increased 3% underpinned by double digit g...