2 space financings involving United Arab Emirates since 2015, and 1 investment and M&A deals, each with its terms and primary sources.
Randeep Bubbra | Lawyer | Making space financeable
One square per financing, by date of signing, pricing or announcement. Volume in US$bn at approximate annual average rates; 2026 runs to 27 Oct 2026.
| Year | Government and other | Total |
|---|---|---|
| 2021 | 1 · US$700m | 1 · US$700m |
| 2022 | – | 0 · US$0m |
| 2023 | – | 0 · US$0m |
| 2024 | – | 0 · US$0m |
| 2025 | 1 · US$696m | 1 · US$696m |
| 2026 | – | 0 · US$0m |
Yahsat US$700.5m hybrid financing for Thuraya-4 NGS, Jun 2021.
| Type | Financings | Funded (US$) |
|---|---|---|
| Export credit | 2 | US$1.4bn |
Natixis (2), Bpifrance (2), Credit Agricole CIB (1), Societe Generale (1), Santander (1), UK Export Finance (1), Euler Hermes / Allianz Trade (1), SFIL (1).
Counts are financings on file where the bank or lender is named. All lenders.
| Date | Financing | Type | Amount |
|---|---|---|---|
| 23 Jul 2025 | Space42 US$695.5m ECA-backed facility for Al Yah 4 and Al Yah 5 | Export credit | US$695.5m |
| Jun 2021 | Yahsat US$700.5m hybrid financing for Thuraya-4 NGS | Export credit | US$700.5m |
| Date | Deal | Type | Value |
|---|---|---|---|
| 14 Jul 2021 | Yahsat IPO on the Abu Dhabi Securities Exchange | IPO | AED 2.68bn |
Totals are US$ equivalents of funded deals at approximate annual average rates; programme-level and conditional commitments are listed but left out. Records come from public, primary sources. How the register is built.
Deals, terms and the clauses behind them, for the people financing satellite operators, launch and space infrastructure. By Randeep Bubbra.
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