The AED 378 million contract between Space42's Bayanat Smart Solutions and EDGE's FADA will enhance the nation's geospatial capabilities over the next five years
Abu Dhabi, UAE, 18 February 2025 Space42 (ADX: SPACE42), the UAE-based AI-powered SpaceTech company with global reach, announced a strategic collaboration FADA, an EDGE Group entity established to develop the UAE's sovereign geospatial analytics capabilities to significantly advance the UAE's Earth Observation (EO) downstream capabilities. The contract, valued at AED 378 million, aims to provide comprehensive solutions across various sectors.
The collaboration will leverage data from Space42's Foresight Constellation of SAR satellites, first launched in August 2024 and expanded in January 2025. Space42 and FADA will collaborate with multiple government end-users to continuously develop the platform capabilities over the next few years.
Hasan Al Hosani, CEO of Bayanat Smart Solutions, Space42, said: Our strategic partnership with FADA further enables Space42 to continue delivering premium geospatial insights that enhance national capabilities and operational efficiency. This collaboration will elevate the capabilities of our Earth Observation technologies and contribute significantly to the UAE's strategic objectives in data-driven decision-making. By leveraging advanced analytics and multi-source geospatial data, we will provide unparalleled insights that add significant value to government entities.
Waleid Al Mesmari, President Space & Cyber Technologies, EDGE, said: This partnership between Space42 and FADA marks a major milestone in advancing Earth Observation technology in the region. With the launch of FADA, EDGE's new space company, we are reinforcing our commitment to pioneering advanced technologies and strengthening national capabilities. FADAs mission to develop sovereign space solutions and drive innovation in satellite systems aligns with this collaboration. Together, we are setting a new benchmark in geospatial capabilities to support a safer, more sustainable future for the UAE and beyond.
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The AED 378 million contract between Space42's Bayanat Smart Solutions and EDGE's FADA will enhance the nation's geospatial capabilities over the next five years 
