UAE-Based Consortium Leads $1 Billion Satellite Project

This story is from 2026-09-09. It is preserved in the archive; the latest stories are on the live feed.

A consortium of companies, led by the UAE’s Marlan Space and US-French space startup Loft Orbital, plans to invest $1 billion as they add 40 satellites to an AI-infused constellation.

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2026-09-09 10:27 · Bloomberg AI
UAE-Based Consortium Leads $1 Billion Satellite Project

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