Yahsat Wins Best Marine Satellite Technology Accoladeat
Middle EastTechnology Excellence Awards 2022
- The game-changingsolution, Thuraya MarineStar,from Yahsat’s mobility arm Thuraya, is a resounding success inmaritime safety and sustainable fishing globally.
- Thuraya MarineStar acceleratesdigitalization of critical applications like SOS, fish catch reporting,vessel tracking and monitoring.
Abu Dhabi, United Arab Emirates, 11 January 2023 – The UAE’s flagship satellite solutions provider, Yahsat (ADX: AEA007501017), has won the Best Marine Satellite Technology of the Year award at Middle East Technology Excellence Awards 2022for Thuraya MarineStar, the integrated voice and data communications solutionfrom its mobility arm, Thuraya.The accolade recognizes MarineStar’s innovative value-based technology and the impact it has had on maritime safety and sustainable fishing globally. The solutionproved to be exceptionally effective during the COVID-19 pandemic when it provided stranded seafarers an affordable means to communicate amid heightened travel restrictions.Theaward was receivedby Thuraya’s Chief Strategy and Marketing Officer, Jassem Nasser.
Commenting on the win, Yahsat’s Chief Commercial Officer, Sulaiman Al Ali stated, “We are delighted to have won the award, as it is a fitting endorsementof our commitment todeveloping sustainable solutionsfor crew safety and preservingmarine life.Thuraya MarineStar’sfeature-rich design and flexible pricing modelprovideregional fishing operators a strong competitive advantage, making it their go-to solution for affordablecommunications at sea. With vessel operators prioritizing crew communications, MarineStar has become a critical component of crew welfare. Its tracking and monitoring capabilities enable seafarers to followmaritime safety and fishing regulations without incurring unwantedcosts. Currently, no other entry-level maritimesolutionoffers a similar value proposition.”
Thuraya MarineStar is the preferred maritime solution in its asset class, having won theMobile Satellite Users Association’s (MSUA) ESG Impact Innovation Award earlier this year. Built to high standards and resilient to harsh environments, it increases productivity and efficiency by digitalizing criticalapplications such as SOS, fish catch reporting, vessel tracking and monitoring. Its performance is further enhanced when combined with Thuraya’s low-cost turnkey web-based tracking and monitoring service, SatTrack for Marine. SatTrack provides an easy-to-use online dashboard that displays data from Thuraya MarineStar terminals and enables fish catch reporting, which is critical for sustainable fisheries.
The nature of Yahsat’s business as an integrated satellite communications solutions provider brings with it the potential to create positive social and environmental impacts. Reliable maritime voice and data solutions from Thuraya, ranging from low-cost basic devices to
high-end broadband data terminals help vessel owners improveonboard safety, environmentalsustainability, compliance and crisis communications during emergencies.
Al Yah Satellite Communications Company PJSC (Yahsat) is a public company listed on the Abu Dhabi Securities Exchange (ADX) and a subsidiary of Mubadala Investment Company PJSC, offering multi-mission satellite services in more than 150 countries across Europe, the Middle East, Africa, South America, Asia and Australasia.
Yahsat’s fleet of 5 satellites reaches more than 80% of the world’s population, enabling critical communications including broadband, broadcasting, backhauling and mobility solutions. Based out of Abu Dhabi in the UAE, Yahsat provides C, Ku, Ka and L-band satellite communications solutions for land, maritime and aero platforms to consumers, governments and enterprises. Its businesses consist of Yahsat Government Solutions, Thuraya, YahClick (powered by Hughes) and YahLink. Yahsat also participates in Hughes do Brasil, an equity partnership with Hughes, and Yahlive, an equity partnership with SES. In 2020, Yahsat began construction of Thuraya 4-NGS, the next generation telecommunications system for Thuraya, which is expected to commence services in H1 2025.
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About Thuraya Telecommunications Company
Established in 1997, Thuraya offers innovative communications solutions to a variety of sectors including maritime, energy, government, broadcast media, military, aerospace and humanitarian NGO. Thuraya’s superior network enables clear communications and uninterrupted coverage across two-thirds of the globe by MSS, global VSAT coverage and around the world through its unique GSM roaming capabilities. The company’s diverse range of technologically advanced and dependable mobile satellite handsets and broadband devices provide ease of use, value, quality and efficiency. Through relevant partnerships, Thuraya stays ahead by delivering solutions and supporting applications that meet the rapidly transforming nature of market demands. Thuraya remains committed to keeping everyone within reach in any circumstance by making accessible the essential tools required for vital connectivity.
Neither this announcement nor anything contained herein constitutes a financial promotion, or an invitation or inducement to acquire or sell securities in any jurisdiction.