Al Yah Satellite Communication Company PJSC (ADX:YAHSAT) acquired an unknown minority interest in Esat Global, Inc. on October 11, 2022. In addition to Al Yah Satellite Communication Company PJSC investment in Esat Global, Inc, Thuraya, its mobility business, has signed a commercial agreement with Esat Global, Inc., which will provide Thuraya with secure and long-term access to an end-to-end Low Power Wide Area Network(LPWAN) IoT system and portfolio.

Al Yah Satellite Communication Company PJSC (ADX:YAHSAT) completed the acquisition of an unknown minority interest in Esat Global, Inc. on October 11, 2022.