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:
- Earth Observation (EO) Platform Regulations: This establishes a framework for private companies to set up and run EO service platforms.
- Application for Obtaining a Permit to Provide Earth Observation (EO) Platform Service: This outlines the requirements and application process for obtaining a permit to operate an EO platform.
Goals of the Initiative
- Grow the EO Services Market: The aim is to create a supportive environment for private companies to develop and offer EO services.
- Stimulate Economic Growth: By fostering a thriving EO sector, the initiative aims to generate value-added products and contribute to the Kingdom’s GDP.
- Facilitate Innovation: The platform will connect EO data providers (e.g., satellite companies) with value-added service providers who can develop and analyze the data for various applications.
The application document emphasizes the importance of user rights, secure data trading, and data preservation. This ensures a trustworthy and reliable environment for both data providers and users.
The CST encourages interested companies to review the documents and apply for a permit to operate an EO platform. This presents a unique opportunity to participate in the development of the Kingdom’s space sector and contribute to a growing market.
For more info: https://cst.gov.sa/sl/k52