Abu Dhabi, United Arab Emirates – Space 42 announced its consolidated financial results for the nine-month period ending September 30, 2025, recording revenues amounting to 363 million US dollars.
According to a statement issued, Space Services, the company’s largest business unit, recorded an 11% growth in third-quarter revenues compared to the previous quarter.
Backed by a new $700 million, 15-year government contract, it went into effect on July 1 following the successful launch of the Thuraya-4 satellite.
In addition to achieving double-digit growth in managed solutions revenue.
This momentum is expected to continue with the launch of new applications in the national security and commercial sectors.
The company maintained strong profit margins thanks to continuous operational improvement.
Space 42 concluded the past nine months with cash and short-term deposits amounting to $755 million, and contracted future revenues worth $6.7 billion.
In addition to obtaining new financing facilities worth $696 million supported by export credit agencies to finance the development program for the “Yah-4” and “Yah-5” satellites.
In October, the company received an additional $300 million advance payment from the UAE government under the $5.1 billion, seventeen-year government contract.
This enhanced its financial flexibility and ability to implement its ambitious strategy.
