About Thuraya
Thuraya is a company based in Dubai (United Arab Emirates) founded in 1997 was acquired by Yahsat in April 2018.. Thuraya operates in a competitive market with competitors including Eutelsat, ViaSat, SES Satellites, Astroscale and Kymeta, among others.
- Headquarter Dubai, United Arab Emirates
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Sectors
Aerospace, Defense & MaritimeTelecommunications
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Dubai Islamic Bank
& 3 more
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Employee Count
Employee Count
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Acquired by
Yahsat
(Apr 26, 2018)
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Funding Insights of Thuraya
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(09 Nov 2000)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2013 | Amount | Debt – Conventional - Thuraya | Valuation |
investors |
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| Nov, 2000 | Amount | Debt – Conventional - Thuraya | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Thuraya
Thuraya has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Dubai Islamic Bank, Yahsat and UNB. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Commercial bank offering investment banking services
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Founded Year | Domain | Location | |
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Offers banking products like accounts, loans, and credit cards to individuals and businesses.
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Founded Year | Domain | Location | |
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Commercial bank
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Thuraya
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Thuraya
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Thuraya Comparisons
Competitors of Thuraya
Thuraya operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Eutelsat, ViaSat, SES Satellites, Astroscale and Kymeta, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of commercial satellite coverage, broadband network, and data connectivity services
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| domain | founded_year | HQ Location |
Satellite-based communication services are provided to diverse business sectors.
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| domain | founded_year | HQ Location |
Satellite-based communication services are delivered via MEO constellation.
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| domain | founded_year | HQ Location |
Satellite solutions for space debris removal are developed.
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| domain | founded_year | HQ Location |
Cloud-based antenna systems for satellite communications are provided.
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| domain | founded_year | HQ Location |
Satellite-based communication services for data and voice are provided globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Thuraya
Frequently Asked Questions about Thuraya
When was Thuraya founded?
Thuraya was founded in 1997 and raised its 1st funding round 3 years after it was founded.
Where is Thuraya located?
Thuraya is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Who is the current CEO of Thuraya?
Ahmed Ali Humaid Al Shamsi is the current CEO of Thuraya.
What does Thuraya do?
Thuraya was established in 1997 in Dubai, United Arab Emirates, within the telecommunications sector focused on satellite technology. Mobile satellite services are offered through a platform that supports maritime voice and data communications, alongside handheld satellite phones and Wi-Fi hotspot devices. Operations emphasize reliable connectivity for remote and mobile users across global regions.
Who are the top competitors of Thuraya?
Thuraya's top competitors include Astroscale, Kymeta and ViaSat.
Who are Thuraya's investors?
Thuraya has 4 investors. Key investors include Dubai Islamic Bank, Yahsat, UNB, and ANZ Sharing.
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