UAE will witness the launching of its second locally operated satellite within the next few months. The satellite will be operated by Mubadala-owned Al Yah Satellite Communications Company (Yahsat).
In April 2011, Yahsat flew Y1A, its first satellite into space. The company prides itself as the first military-commercial satellite carrier in the Middle East. The company spent $1 billion on its space programs consisting of two satellites designed for both commercial and military uses.
The satellite, made by Eads Astrium and Thales Alenia, provides secure satellite communications for government agencies like military institutions. The upcoming Y1B will serve both commercial and military institutions. It will provide cost effective consumer broadband services in nearly 25 countries in Africa, the Middle East and South West Asia.
Analysts expect the global government and military communications market to reach $9 billion in gross revenues by 2018. The Middle East is poised to become a key growth region for the commercial satellite market.
Inmarsat’s director of government services Gordon McMillan said that the growing popularity of the commercial satellite communication system, along with the rising demand for greater bandwidth, offers good market opportunities for commercial satellite communications carriers.
Rising restrictions on military budget allows is strengthening the governments’ demand for commercial satellite services.
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