In a groundbreaking development that expands Israel’s ever-evolving tech footprint, hiSky, an Israeli satellite communications firm, has announced its first substantial collaboration in the United Arab Emirates (UAE). This collaboration, a result of the Abraham Accords, signifies a melding of technological prowess and diplomatic progress, as detailed in the article “Israeli satellite communications company hiSky expands to the UAE” by Calcalistech.
Founded in 2015, hiSky aims to revolutionize the satellite communication sphere by offering cost-effective, smart solutions tailored for voice and data communication through a network of compact satellite terminals. The entry into the UAE market is facilitated through a strategic partnership with Al Yah Satellite Communications Company (Yahsat), a prominent UAE-based satellite communications company established in 2007 by Mubadala Investment Company.
This partnership is poised to leverage hiSky’s innovative Smartellite family of IoT terminals and network management system, alongside Yahsat’s robust infrastructure which includes five operational satellites. It represents a notable synergy between Israeli innovation and UAE’s ambitious telecommunications vision, targeting maritime, mobility, and low-data IoT applications sectors.
The deal not only underscores the business potentials unlocked by the Abraham Accords but also sets a benchmark for future technological collaborations between Israel and UAE. It also represents a substantial stride towards diversifying economic relations and fostering technological exchanges that benefit wide sectors across borders. By venturing into the UAE, hiSky not only accesses a new and dynamic market but also establishes its foothold in a region that holds immense potential for satellite and communication technologies.
Furthermore, this partnership could act as a catalyst for additional regional cooperation in technology and innovation, encouraging other firms to explore reciprocal investments. The collaboration between hiSky and Yahsat is expected to accelerate economic growth and technological modernization, enriching the tech ecosystems in both countries.
In essence, hiSky’s expansion into the UAE is a testament to the capabilities of diplomatic groundwork laid by the Abraham Accords, which continue to break new ground in fostering peace and economic synergy in the Middle East. This partnership not only benefits the direct stakeholders but also has far-reaching implications for the region’s future in satellite communications and beyond.
