Saudi Space Agency and World Economic Forum to Launch Centre for Space Futures
Saudi Space Agency is partnering with the World Economic Forum to establish the Centre for Space Futures, slated to open in autumn 2024. This initiative aims to facilitate public-private dialogues on space collaboration, integrate best practices from the Forum and…
NSSA and TUA: A Landmark Meeting for Space Collaboration
Dr. Mohamed Al-Aseeri, Director General of the National Space Science Agency (NSSA) of Bahrain, shared exciting news of his successful meeting with H.E. Mr. Yusuf Kıraç, President of the Turkish Space Agency (TUA), on April 25th, 2024. This meeting marked…
Bayanat & Yahsat Shareholders Approve Merger, Forming SPACE42
Bayanat and Yahsat shareholders have approved the merger, creating SPACE42! The merger of G42 geospatial AI company Bayanat and Mubadala satellite services subsidiary Yahsat has been given the green light, forming a $4 billion group named SPACE42. The General Assembly…
US Embassy Celebrates 248th Independence Day with Shared US-Saudi Vision for Space Exploration
The US Embassy in Riyadh celebrated the 248th anniversary of Independence Day with a reception hosted by Ambassador Michael Ratney. The event, attended by guest of honor Prince Faisal bin Abdulaziz bin Ayyaf, Riyadh Region mayor, highlighted the future of…
Orbital EOS Designs Gaia, the World’s Best AI in Hydrocarbon Spill Detection, with 98% Accuracy in Predictions
Valencian company Orbital EOS has designed Gaia, the world’s best artificial intelligence tool for satellite detection of hydrocarbon spills in the ocean, with nearly 98% accuracy in its predictions. Pablo Benjumeda, Director of Operations at Orbital EOS, explains that their…
New Regulations Open Up Space for Earth Observation (EO) Businesses
The Communications and Space Technology Commission (CST) has launched an initiative to boost the Kingdom’s space sector and economy. They’ve issued two key documents: Goals of the Initiative The application document emphasizes the importance of user rights, secure data trading,…