Al-Alamiya Aims for 80% of Marlan
The International Holding Company announced its intention to acquire an 80% stake in Marlan Space, a company specializing in the space sector and related technologies. This move aims to strengthen its presence in the modern space technology market. The acquisition seeks to expand the company’s portfolio in satellite technology and advanced technological innovations, benefiting from the global growth of the space economy, where launch costs are decreasing and demand for satellite data and services is increasing. This step will enhance Marlan Space’s capabilities and support its international expansion through the development of space infrastructure, satellite technologies, and high-tech satellite solutions, with a focus on Abu Dhabi markets and worldwide. The deal is awaiting regulatory approvals and represents a major investment in the technology and space sector, which is experiencing significant global transformations.
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