{"id":48778,"date":"2025-07-23T23:21:15","date_gmt":"2025-07-23T15:21:15","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/space42-secures-eca-financing-for-al-yah-4-and-5\/"},"modified":"2025-07-23T23:21:15","modified_gmt":"2025-07-23T15:21:15","slug":"space42-secures-eca-financing-for-al-yah-4-and-5","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/space42-secures-eca-financing-for-al-yah-4-and-5\/","title":{"rendered":"Space42 Secures ECA Financing for Al Yah 4 and 5"},"content":{"rendered":"<\/p>\n<p><b>Space42<\/b> has secured export credit agency (ECA)-backed financing to fund the Al Yah 4 and Al Yah 5 satellites.&nbsp;<\/p>\n<p>Space42 announced $695.5 million in financing on Wednesday, arranged by Cr\u00e9dit Agricole CIB, Santander CIB, Societe Generale, and Natixis and backed by Bpifrance Assurance Export.&nbsp;<\/p>\n<p>Yahsat, now part of Space42, contracted Airbus Defence and Space last year to build the two Geostationary (GEO) satellites, which will replace Al Yah 1 and Al Yah 2. The satellites, both based on the Airbus Eurostar Neo platform, are scheduled for launch in 2027 and 2028.<\/p>\n<p>The satellite program is backed by a $5.1 billion, 17-year government contract that starts in 2026 for multi-path critical connectivity solutions, Space42 said.&nbsp;<\/p>\n<p>\u201cThis strategic pillar focuses on enhancing secure communication capabilities across defense and civil domains through multi-orbit satellite networks that ensure uninterrupted connectivity for mission-critical applications. The ECA financing structure optimizes our cost of funding and provides increased financial flexibility to execute our growth agenda,\u201d CFO Andrew Cole said.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Space42 has secured export credit agency (ECA)-backed financing to fund the Al Yah 4 and Al Yah 5 satellites.&nbsp; Space42 announced $695.5 million in financing on Wednesday, arranged by Cr\u00e9dit Agricole CIB, Santander CIB, Societe Generale, and Natixis and backed by Bpifrance Assurance Export.&nbsp; Yahsat, now part of Space42, contracted Airbus Defence and Space last [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":48780,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-48778","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/48778"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=48778"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/48778\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/48780"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=48778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=48778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=48778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}