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…
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…
UAE Secures Historic Agreement with US for Lunar Gateway Airlock, Paving the Way for Emirati Astronauts in Moon Missions
The UAE has officially entered into a significant agreement with the United States to contribute an airlock to NASA’s Lunar Gateway station, marking a historic milestone that also paves the way for Emirati astronauts to participate in upcoming Moon missions….
UAE’s Rashid Rover Set to Land on the Moon: A Historic Milestone for Arab Space Exploration
UAE’s Rashid Rover Set to Land on the Moon: A Historic Milestone for Arab Space Exploration
UAE President announces $817m fund to boost space sector with an advanced satellite project
UAE President Mohamed bin Zayed has announced an $817 million investment and development fund for the space sector, called The National Space Fund. The fund’s first project, named Sirb after the Arabic term for a flock of birds, will launch…
Rising High: The Growing Satellite Industry in the United Arab Emirates
Satellites launched by the UAE
12 SpaceTech companies in the KSA and UAE
The SpaceTech industry in the United Arab Emirates and the Kingdom of Saudi Arabia has been rapidly expanding in recent years. Both countries have made significant investments in space technology, with a particular focus on satellite communications and Earth observation….
As UAE’s space sector grows in stature, SpaceTech fund and accelerator are natural next steps
SpaceTech companies are among the 16 startups chosen as part of the 2021 cohort of Hub71, Abu Dhabi’s global tech ecosystem The UAE has been making concerted efforts to secure a front-row seat in the global Space Race. The nation…