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Watching the launch of the Hope Mars probe at the Mohammed bin Rashid Space Centre. The centre's assistant director says private sector involvement is essential

Private sector ‘always better’ says UAE space industry head

The UAE is working to lure greater private sector participation in its space industry, according to an official from the Mohammed Bin Rashid Space Centre.  “We are putting a lot of effort towards including the private sector in our projects,” Mohammad Al Ghafri, assistant director general of the aerospace engineering sector at MBRSC, said this […]

Traffic on Fourth Street, Abu Dhabi. The Yahsat and Bayanat merger could help bring self-driving cars to the emirate

UAE merger creates world’s most valuable listed space company

The world’s most valuable publicly listed space company has been created after shareholders of analytics provider Bayanat and “satellite solutions” company Al Yah Satellite Communications Company (Yahsat) agreed to a merger. The deal will help to further Abu Dhabi’s ambitions to be at the centre of the drive towards autonomous vehicles. The newly created Space42 […]

The uncrewed Cygnus space freighter, from which were launched two satellites built by students from Abu Dhabi's Khalifa University

Shareholders to vote on merger to create UAE space giant

Shareholders of two Abu Dhabi technology companies will vote on Thursday on a proposed merger to create a $4 billion space organisation.  Bayanat AI and Al Yah Satellite Communications Company, better known as Yahsat, will hold their general assembly meetings simultaneously. The proposed merger will create Space42, an AI-powered space technology champion for the Middle […]

saudi space debris

Space trash offers Saudi Arabia a new revenue source

Saudi Arabia is targeting lucrative and environmentally critical opportunities in the rubbish removal sector – in outer space. More than 27,000 man-made objects larger than 10 centimetres, such as defunct satellites and spent rocket stages, orbit Earth, according to Nasa. This space debris puts at stake billions of dollars of assets such as spacecraft and […]

space greenhouse gas Satellite

Spacecraft that spots Gulf gases wins extra funding

A Bahraini-British project to develop a spacecraft that will monitor Gulf greenhouse gas emissions from space has been awarded a further £1.4 million ($1.8 million) grant by the UK Space Agency. The partnership between the Bahrain National Space Science Agency, YBA Kanoo Group in Manama, and the University of Leicester and Geospatial Insight of Birmingham […]

This photo taken from the International Space Station shows the 'blue halo' of the Earth's stratosphere

Saudi Arabia plans tourist flights into the stratosphere

From 2026, well-heeled tourists in Saudi Arabia will be able to book a day trip that is out of this world: a near-space flight priced at $164,000 per person. Halo Space, a Madrid-based company that is developing a craft for flights into the Earth’s stratosphere, has chosen the kingdom as one of its departure bases […]

Saudi Arabia's first robot, Sara, is inspected by a visitor at Leap in 2023. This year she was joined by a male counterpart, Mohammad

Saudi Arabia ‘leads GCC’ in adoption of robotics

The rising number of robotics companies in Saudi Arabia has helped the kingdom become a regional leader in the adoption and development of the technology, experts have told AGBI.  The number of robotics companies registered in the country surged to 2,344 in the second quarter of 2023, up from 1,537 a year earlier, according to […]

Oman has 14 space projects planned, including a public satellite

Oman’s growing space sector attracts $52m in investments

Oman has attracted investments worth OMR20 million ($52 million) in its growing space sector over the past two years, a senior government official said. The investments have increased after the issuance of the executive space programme last year, Dr. Ali Al Shidhani, under-secretary of communications and IT at the ministry of transport, communications, and information […]

Visitors at the Leap Technology Conference in Riyadh

Saudi Arabia backs tech startup sector with $888m

Saudi Arabia has announced investments worth $888 million to support the local tech startup and venture capital sector. The funds will support industries such as digital payments, e-gaming and artificial intelligence (AI). The announcement was made on the second day of the Leap international technology conference taking place this week in Riyadh. Saudi Arabia has […]

Yahsat estimated its contracted future revenue at AED25bn, equivalent to 15 times full-year revenue

Yahsat 2023 profit rises to $116m on revenue growth

Al Yah Satellite Communications Company, known as Yahsat, said net income grew 9 percent to AED424 million ($116 million) in 2023, driven by revenue growth across all operating segments. Revenue grew 6 percent year on year to AED1.7 billion, with all four operating segments exceeding the top end of the previous guidance range of AED1.6-1.7 billion. […]

SpaceGuardian is a joint venture between Saudi Arabia's Front End Limited Company and New York-based SpaceKnow

US-Saudi venture will use AI to analyse space data

A US-Saudi joint venture has been launched in the kingdom to use satellite imagery to monitor infrastructure development, traffic congestion and carbon sequestration, the natural process of CO2 storage in the atmosphere. Front End Limited Company, based in Alkobar, the Eastern Province of Saudi Arabia, and SpaceKnow, a New York technology company dedicated to transforming […]

A NASA engineer tests a CubeSat's solar array. Small, modular CubeSats can help a range of Saudi monitoring programmes.

Saudi CubeSats could send green monitoring into orbit

Saudi Arabia plans to launch two nanosatellites – also known as CubeSats – per year to help with environmental issues such as finding water and locating oil spills. These will also play a security role in monitoring the large territory, a space cybersecurity expert said at a Saudi defence forum.  CubeSats – low-altitude, cheap-to-produce microsatellites […]

Sultan Al Neyadi is one of the UAE's first astronauts. Middle East governments have stepped up investment in space

Middle East cash injection to propel space industry to $75bn

The value of the Middle East space sector is expected to hit $75 billion by 2032, and a new report predicts that spending will increase by 92 percent over the next decade. The region’s space economy has trebled in 10 years to reach an estimated $25 billion in 2023, according to the white paper published […]

Astronomy, Outer Space, Moon

UAE partners with Nasa to develop lunar space station

The UAE’s Mohammed bin Rashid Space Centre (MBRSC) and Nasa have agreed to collaborate on the Gateway project, the world’s first space station to orbit the moon. As part of the agreement, MBRSC will provide Gateway’s Crew and Science Airlock module. The US state space agency will fly a UAE astronaut to Gateway in a […]

The UAE launched the Rashid Rover a year ago, the country's first mission to the moon

Merger to create astronomic UAE space company

Two Abu Dhabi technology companies are planning a merger to create a $4 billion space organisation for the region.  The boards of Bayanat and Yahsat have voted to recommend a merger to shareholders, a filing to the Abu Dhabi Stock Exchange on Tuesday revealed. The proposal will create a company with an implied market capitalisation […]

Sheikh Mohammed bin Rashid Al Maktoum hosts the Space Agencies Leaders' Summit at Cop28 Video length: 06:07

Space data joins the battle against greenwashing

Space data is a vital tool for measuring decarbonisation and preventing greenwashing, an industry expert has told AGBI at the Cop28 conference in Dubai. “There is no other way to monitor [decarbonisation and carbon credits] at that scale if it wasn’t for Earth observation data,” said David Merren, assistant director for analytics and spatial at […]

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum and Sheikh Khaled bin Mohamed bin Zayed Al Nahyan have implemented the next phase of the Sirb satellite programme

UAE takes next step in developing satellite industry

The Crown Princes of Abu Dhabi and Dubai have launched the execution phase of the UAE’s Sirb satellite programme, which aims to commercialise satellites and the data they generate.  Sirb – Arabic for a flock of birds – consists of a constellation of synthetic aperture radar satellites.  Highly accurate, the satellites will support a wide […]

Saudi investment minister Khalid Al-Falih, said that granting the first investment license in the space sector to Aspace will encourage others to invest in the kingdom

Aspace granted licence to build satellite facility in Saudi Arabia

Hong Kong-based Aerospace Technology Group Limited (Aspace) will invest SAR1 billion ($266.58 million) to set up an advanced satellite manufacturing company in Saudi Arabia after being granted the first investment licence in the space sector. The facility will manufacture components, subsystems and satellites, state-owned Saudi Press Agency reported. Abdullah Al-Swaha, chairman of the Saudi Space […]

SpaceX and Tesla CEO Elon Musk recently met President Erdogan in New York while the Turkish leader was visiting the UN

Elon Musk’s Starlink applies for Turkey licence  

SpaceX’s satellite internet venture Starlink has applied for a licence in Turkey after a meeting in the US between its founder Elon Musk and President Recep Tayyip Erdoğan. Ömer Fatih Sayan, Turkey’s deputy transport and infrastructure minister, confirmed that the application has been filed. “Starlink, which offers low Earth orbit satellite services, expressed their desire to operate […]

Paradigm 3D launches its new Dubai facility, which the company hopes will take some business away from traditional manufacturers

Dubai 3D factory muscles in on aviation sector

A new 3D printing facility in Dubai, certified to produce airplane components, is anticipated to cut into a portion of traditional global aviation manufacturers and maintenance hubs. Paradigm 3D has invested AED20 million ($5.5 million) to establish a factory using technology from Stratasys, an American-Israeli maker of industrial 3D printers that are used by industry […]

Yahsat's contracted future revenue now rises to AED25.7 billion, over 16 times its 2022 annual revenues

Yahsat bags $5.1bn contract from UAE government

Al Yah Satellite Communications Company (Yahsat) has won an AED18.7 billion ($5.1 billion) contract from the UAE government to provide satellite capacity and managed services for 17 years. The contract, for its government services arm, Yahsat Government Solutions, includes related operations, maintenance and technology management services of ground segment satellite systems and terminals currently provided […]

Dubai space

Space tech company launches Dubai HQ and listings plan

A US space tech company is setting up a regional headquarters in Dubai. Orion Applied Sciences and Technology (OrionAST), a global provider of high-resolution satellite data, is establishing a base in Dubai Silicon Oasis and intends to list its shares on Dubai Financial Market. The company has also launched a subsidiary, Open Skies Industries, to […]