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00:00The priority for us is to develop our technical capabilities
00:06and to be able to offer new services.
00:10For example, we are currently working on a new system for ground monitoring,
00:20which is known as SAR.
00:22This will allow us to offer new services for ground monitoring in the UAE and regionally.
00:30This is one of the initiatives we are working on.
00:35Another initiative is what is known as HAPS, or high-altitude satellite stations.
00:47This is a new field, not only for Space 42, but for the whole world.
00:52We are in the field of designing and manufacturing these stations in the UAE.
00:58As an example of the geographical expansion,
01:03today we have a contract with an Indian company, Niva Aeronautics.
01:11You mentioned two projects that you are currently working on.
01:14One of them is a partnership project between Iliasat and Bayanat.
01:17When do you expect to finish this ground monitoring project?
01:20Do you have any numbers on the costs or anything similar?
01:23We will implement this project in the second half of this year.
01:31Our mission is to design and manufacture, and to operate these stations.
01:39For us, this is a long-term project.
01:45For us, it is important not only to provide this technology,
01:51but to be able to develop it and offer these services in the long term.
01:57Since you mentioned the companies' communities,
02:02you mentioned India and this new station,
02:05similar to high-altitude satellites,
02:09when do you expect to implement it on the ground?
02:12I read in a previous statement that it will be in the second half of this year.
02:16That's right.
02:17This is the goal.
02:18As long as we are working on design and manufacturing,
02:25we have the ability to develop this field in a short period of time.
02:33But the project in India will start this year.
02:37After India, who is the market that can implement such a project?
02:41There are a number of negotiations, but I can't tell you about them today.
02:45Most of these negotiations are on communities in the Asia region.
02:51Because geographically, they need these capabilities the most.
02:57We may have talked about expansion plans,
02:59but there are projects that are already underway.
03:01We are talking about the Suraya 4, for example.
03:04How will this project be implemented?
03:06And other satellite projects.
03:08Suraya 4 is an artificial moon that will be completed this year.
03:16The goal is to launch it this year.
03:19And we will start offering services next year, in 2025.
03:25At the same time, there are two projects that we started in design and manufacturing.
03:31Alia 4 and Alia 5.
03:33These two projects amount to about 12 billion dirhams.
03:40They include manufacturing, operation, and development of space and ground systems.
03:50These two satellites will be launched in 2027 and 2028.