Al Alamya Plans 80% Marlan Stake

The International Holding Company announced its intention to acquire 80% of Marlan Space, a company specializing in space technologies and advanced innovations, in order to strengthen its presence in the emerging space economy sector. The deal will enable the company to expand its portfolio in satellite infrastructure, advanced manufacturing, and space technologies, as Marlan Space focuses on developing space systems based on artificial intelligence and advanced sensing and monitoring technologies. The aim of the acquisition is to build a strategic platform that contributes to sustainable growth and long-term value creation in a sector experiencing global momentum, driven by decreasing launch costs and increased demand for space data and services. This move aims to enhance the position of Global Group in the space economy and to provide an advanced platform for developing space capabilities from Abu Dhabi, with a focus on the international satellite technologies market and the development of a competitive space infrastructure.

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