Year: 2024

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,…

Oman’s Space Industry Takes a Leap Forward with Landmark Partnership

Etlaq Spaceport and Etco Space Sign Historic Agreement A new chapter unfolds for Oman’s space ambitions as Etlaq Spaceport and Etco Space join forces. This strategic partnership, announced at a momentous event hosted by Omantel, promises to propel the nation’s…

SES Signs MoU with Aramco to Accelerate Digital Transformation

SES, a global leader in satellite-based connectivity solutions, has signed a MoU with Aramco, a prominent integrated energy company, to explore collaboration opportunities. The aim is to leverage high-performance MEO satellite connectivity services to accelerate Aramco’s digital transformation goals, particularly…

Uniting Gulf Countries for Space Leadership: The Imperative for a Regional Body

In the vast expanse of space, collaboration is key. The Gulf region, with its strategic location, rapid economic growth, and burgeoning interest in technology and innovation, is poised to become a significant player in the global space industry. However, as…

Navigating the Legal Frontier of Space Tourism: Regulations, Risks, and Opportunities

As the possibility of space tourism becomes more tangible, the legal landscape governing such ventures is coming sharply into focus. The prospect of civilians journeying beyond Earth’s atmosphere for leisure or exploration purposes raises a plethora of legal considerations, ranging…