Space42 Plc · ADX:SPACE42
Space42 — Investor Presentation (November 2025)
30 slides from Space42's investor presentation, November 2025
Slide 1: Space42 Investor Presentation November 2025
Space42 Investor Presentation November 2025 Copyright © 2024 Space42 Plc (Space42) This document contains Space42's proprietary and confidential information. Any disclosure, copying, distribution or use is prohibited, if not otherwise explicitly agreed with Space42 in writing.
Slide 2: Speakers
Speakers Karim Michel Sabbagh Andrew Cole Bruno Priuli Managing Director Chief Financial Officer VP of Investor Relations Copyright © 2024 Space42 Plc (Space42) 2
Slide 3: Topics
Topics 1 Key highlights 2 Space42: at intersection of SatCom, Geospatial and AI 3 Strategy update 4 Financial profile
Slide 4: Key highlights
ISPACERES Key highlights
Slide 5: Key Highlights
Key Highlights Clear Strategic Plan Based on four core pillars focused on assuming leadership positions in geospatial data and AI platform services, NTN1 services and providing secure connectivity solutions Laying Foundations for Sustainable Growth Space Services double digit revenue growth2 as Thur
Slide 6: Space42: at intersection of SatCom, Geospatial and AI
2 Space42: at intersection of SatCom, Geospatial and AI
Slide 7: Enlighten the world from space
Enlighten the world from space Space42 is an unprecedented combination between Yahsat's advanced satellite (S) communication capabilities and Bayanat’s geospatial (G) data analytics expertise to create an artificial intelligence (AI) powered space technology champion • Tech-enabled innovation throug
Slide 8: Space42 to become a global leader in AI-driven space technology
Space42 to become a global leader in AI-driven space technology AI Analytics AI-enabled advanced multi-intelligence data analytics generating insights derived from space assets Space42 is uniquely positioned to leverage capabilities across all three sectors SatCom Geospatial Combination creates oppo
Slide 9: Business aligned with growth trends
Business aligned with growth trends Operating in double-digit growth markets 2025 Global Market Size CAGR 2025 - 2030 • Secure satellite Military satellite communications with 11% government long-term Space Services Market size 2025: communications Space Services USD 26Bn contract 11% CAGR (2025-203
Slide 10: Assets covering entire value chain – from Earth to Space
Assets covering entire value chain – from Earth to Space Geostationary Al Yah 1–3 Thuraya T2 & T3 Thuraya T4 AY4 & AY5(1) 6 Orbit (GEO) Satellites AI Multi-intelligence Platform Satellites in (36,000 km above Earth) orbit and two Integrated for SatCom and Geospatial in pipeline GIQ, AI-powered multi
Slide 11: Strategy update
ISPACERES Strategy update
Slide 12: Translating vision into reality
Translating vision into reality Core pillars and sectorial priority will secure sustainable long-term growth CORE PILLARS Preferred partner for premium geospatial data 1 Build tier-1 sovereign multi-sensor EO assets and capabilities Global leader in GeoInt AI platform and services 2 Deliver actionab
Slide 13: Smart Solutions
Smart Solutions Core Pillars 1 and 2 Foresight Constellation 1 Map Africa 1 GeoInt AI-platform and services 2 SAR satellites AI and geospatial capabilities that enable data-driven development Resolution Daily 25 cm Revisit time Technology Partner 99% 1200 MHz Operational Payload uptime technology ▪
Slide 14: Space Services: Core Pillars (1/3)
Space Services Core Pillars 3 (1/3) x Announcement of Equatys, in partnership with Viasat, to + deliver Direct-to-Device future space system Business Neutral wholesale “Space TowerCo” – shared Phased deployment approach with commercial Model and scalable multi-tenant infrastructure roll-out targeted
Slide 15: Space Services: Core Pillar (2/3)
Space Services Core Pillar 3 (2/3) Direct-to-Device (D2D) market forecast – USD billion Smartphone IoT +18% 25 26 Total addressable market1 USD Bn 22 24 24 CAGR 21 2028-40 19 16 Any Standard phone: ~1.5 Bn 13 20 21 17% 11 19 19 20 16 17 8 14 6 11 Standard IoT devices: ~2.5 Bn 4 2 3 3 4 4 4 4 5 5 23%
Slide 16: Space Services: Core Pillar (3/3)
Space Services Core Pillar 3 (3/3) Smart Capital, Scalable Returns Space42 L-band spectrum ▪ Accretive investment in Equatys as co-founder, with capital commitment comparable to GEO-like mission investment and return i.e., double digit IRR Spectrum Synergy, Global Reach ▪ Unprecedented value enhance
Slide 17: Enhance leadership position in secure connectivity solutions
Space Services Core Pillar 4 Enhance leadership position in secure connectivity solutions Al Yah 4 and Al Yah 5 program on track ▪ Next-gen GEO satellites reinforce leadership position in secure connectivity ▪ Preliminary Design Review completed and Critical Design Review in advanced stages Expected
Slide 18: Strategic plan objective
Strategic plan objective Guided by five principles Programmatic Scalability Growth Prioritize clearly defined growth Unlock opportunities and business programs that bring incremental models which can be materially and recurring value scaled and are not constrained by geography, customer segment or s
Slide 19: Financial profile
ISPACERES Financial profile
Slide 20: Financial Highlights
Financial Highlights Revenue shortfall reflects on-going strategic and operational Resilient financial performance during transition period transformation of Smart Solutions whilst Space Services accelerates, with revenue shortfall partially offset by lower cost base growing by 11% quarter-on-quarte
Slide 21: Income Statement Highlights
Income Statement Highlights Financial extracts 9M’25 9M’24 YoY Δ Revenue 363 428 (15%) (66) ▪ Revenue headwinds (-15%) reflect transformation of Smart Solutions as it Cost of revenue (77) (96) 20% 19 refocuses on programmatic engagements aligned to strategic capabilities of Staff costs (89) (89) 0%
Slide 22: Financial Performance - Revenue
Financial Performance - Revenue ▪ Revenue shortfall reflects Smart Solutions strategic and +22% operational transition as well as temporary timing shifts in -15% milestone execution of a major program 428 136 ▪ Space Services grew revenues in Q3 by 11% vs Q2 following 363 111 start of operations of
Slide 23: Future Contracted Revenue – Space42
Future Contracted Revenue – Space42 Figures in USD million USD 6.7 Bn of contracted revenue provides visibility over future cash flows 94% of cumulative contracted revenue relates to Space Services 5,111 6,677 5,028 416 83 366 441 49 6,249 Of which: AY 4&5 – USD 5.1Bn 373 CSA - USD 0.3Bn T4 - USD 0.
Slide 24: Cash Bridge – Space42
Cash Bridge – Space42 Debt repayment and CapEx drive reduction in cash -407 1,163 114 190 ▪ Strong operating cash ▪ CapEx totaled USD 217 331 flow driven by Space million with almost ~67% Services, partially offset related to satellite 755 by reimbursement of CSA development, primarily advance Al Ya
Slide 25: Strong Balance Sheet
Strong Balance Sheet Balance sheet extracts 9M’25 FY’24 9M YTD Δ Fixed Assets (Satellites, ground systems/infrastructure, land and buildings, incl. 872 546 1 325 capital work in progress) ▪ Equity increased over 9-month period by USD 41 million Capital work in progress (CWIP incl. T4, AY4 and AY5, H
Slide 26: Growth supported by significant organic investment
Growth supported by significant organic investment Projected CapEx of more than USD 1.3Bn over next five years to support growth CapEx roll-out 2025-2029 CapEx by program 425 5% 86 324 24% 57 298 83 61 23 47 170 220 52 131 16% 55% 218 17 47 190 101 69 62 15 2025 2026 2027 2028 2029 T4 AY4&5 SAR Othe
Slide 27: Financial Framework built on Three Pillars
Financial Framework built on Three Pillars Capitalize on superior standalone and merged Vision SGAI services and pursue profitable growth opportunities, leading to increased company valuation Organic Growth 1 Inorganic Growth 2 Returns Maximization 3 Strategic Scalability, value-chain expansion Cash
Slide 28: Appendix
ISPACERES Appendix
Slide 29: Disclaimer
Disclaimer Information contained in this presentation represents a summary of condensed pro forma consolidated financial statements for first nine-months ended 30 September 2025 (9M 2025 Financial Statements) of Space42 PLC and its subsidiaries (Space42). This presentation does not purport to contai
Slide 30: space42.ai ir@space42.ai
space42.ai ir@space42.ai Copyright © 2024 Space42 Plc (Space42) This document contains Space42's proprietary and confidential information. Any disclosure, copying, distribution or use is prohibited, if not otherwise explicitly agreed with Space42 in writing.