Loft Orbital and Marlan Space Join Forces to Create First Satellite Production Company in the Middle East
SAN FRANCISCO-Abu Dhabi-based Marlan Space, a new space company affiliated with International Holding Company (IHC), has established a joint venture with Loft Orbital to form Orbitworks, the Middle East’s first private space infrastructure company. Orbitworks marks a significant milestone in…
Bayanat and Yahsat Successfully Launch UAE’s First SAR Satellite
Strategic Collaboration Expands Bayanat and Yahsat’s Global Earth Observation Capabilities, Strengthening UAE’s Leadership in the Space Sector Abu Dhabi, UAE — Bayanat AI PLC (ADX: BAYANAT), a leading provider of AI-powered geospatial solutions, and Al Yah Satellite Communications Company PJSC…
Mohammed Bin Rashid Innovation Fund (MBRIF) Welcomes Latest Cohort of Innovators to Join its Innovation Accelerator Program
Dubai, UAE – 05 June 2024: Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance to support innovation in the UAE, has announced the selection of entrepreneurs for Cohort 8 of its Innovation Accelerator…
UAE Space Agency and INNOSPACE Sign Memorandum of Understanding to Enhance Space Commercialization Efforts
The UAE Space Agency and INNOSPACE, a South Korean private spaceflight startup specializing in small satellite launch vehicles, have signed a memorandum of understanding (MoU) to bolster cooperation in space commercialization. The signing ceremony took place in Seoul on May…
MBRIF and AzurX Forge Strategic Partnership to Propel Innovation in the Space Sector
Dubai, UAE – May 30th, 2024 – Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance to support innovation in the UAE, has announced a strategic partnership with AzurX, a leading private space and satellite…
Gulf Cooperation Council Unites for Space Exploration: Workshop Highlights Regional Collaboration
The General Secretariat of the Cooperation Council for the Arab States of the Gulf recently organized a pivotal workshop titled “Cooperation in the Field of Space,” aimed at fostering collaboration among Gulf nations in space exploration and development. The workshop,…
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