August 13th, 2026 - 05:42 GMT
Most listed space companies around the world are still burning cash in pursuit of the dream, so it says something that Space42, the Middle East’s flagship space firm just reported a USD$6.3 billion contracted backlog and more than USD$1.1 billion in the bank. Space42's first-half results, with revenue up 15% and satellite-to-phone services on standard devices targeted for commercial rollout by the end of 2026, are the kind most space companies globally can't show, and that's what makes the regional story worth a closer look according to Josh Gilbert, Lead ...
