Tawazun Economic Council and the UAE's flagship satellite services operator, Yahsat, have signed a Memorandum of Understanding (MoU) to establish a new company to develop critical in-country capabilities in relation to the development and manufacture of advanced satcom solutions within the UAE, with a focus on building intellectual property locally for increased national security and advanced technology development.
Under the MoU, the new company will develop technologies and produce products around three main streams: Aeronautical Satcom Technologies, Satellite Modem Technologies and Enablement of other Satcom Products and Technologies (Picture source: Tawazun)
