SPACE42 PLC - SPACE42

Activities

Space42, formerly Bayanat AI, is an artificial intelligence company that specializes in providing geospatial and surveying solutions. With over 40 years of experience in geospatial mapping, Bayanat AI combines this expertise with the power of predictive AI. Their geospatial data is trusted and high-quality. Bayanat AI offers predictive intelligence solutions that leverage AI algorithms to analyze geospatial data. These solutions provide valuable insights for various sectors. Bayanat AI's smart operations solutions enhance efficiency and effectiveness across different domains. They optimize processes using geospatial information and AI-driven analytics. Bayanat AI contributes to smart mobility by integrating geospatial data into transportation systems. This includes solutions related to traffic management, route optimization, and urban planning. Bayanat AI was established on 4 February 2008 and initially focused on geographical information systems. Bayanat later expanded into geospatial and data analytics/artificial intelligence ("AI"), leveraging its trusted, high-quality data to provide products and solutions to the most discerning customer. Bayanat became a subsidiary of Mubadala in 2011 and, in 2016, became a division of Emirates Defence Industries Company ("EDIC"). In 2020, Bayanat was acquired by G42 - an Abu Dhabi based global leader in AI and cloud computing focused on exploring the full potential of AI as a tool to drive change across industries and businesses. The integration of Bayanat's geospatial expertise and G42's AI capabilities created a synergized geospatial intelligence ("GIQ") competency that is leveraging the diverse internal ecosystem of G42. In summary, Bayanat AI plays a crucial role in advancing geospatial intelligence through AI-powered data analytics, making it a trusted partner across the UAE, the Middle East, and beyond.