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The UAE Space Agency will work closely with the private sector to ensure that start-ups and entrepreneurs have the opportunity to participate
The UAE is expected to become a global player in space exploration within the next 50 years.
New country An interstellar journey to explore Venus The asteroid belt is an opportunity to impart knowledge to the private sector.
In outlining the huge business opportunities for the UAE Space Agency, Sarah bint Yousef Al Amiri, Minister of State for Advanced Technologies and Chairman of the UAE Space Agency, recently reiterated that the country’s aerospace industry can be a key driver of economic growth and prosperity.
When delivering a keynote speech at the Space Business Forum at Expo 2020 Dubai, Al Amiri emphasized that her primary goal is to ensure that the UAE becomes a global player in the space industry.
“From the future of travel and the next frontier of business innovation to creating an environment that encourages sustainable growth, space represents the next frontier of innovation. Our mission to explore the asteroid belt between Venus and Jupiter and Mars will be a catalyst for progress. , Is also an opportunity to transfer knowledge to the private sector,” she said.
In this effort, the UAE Space Agency will do more Close cooperation with the private sector Ensure that start-ups, entrepreneurs and new companies have the opportunity to enter the space race.
It will further deepen collaboration and cooperation with local and global stakeholders, make the industry easier to enter, and create an attractive and competitive ecosystem that encourages business innovation.
“This will support the creation of new Emirates aerospace companies and promote the development of a competitive and attractive ecosystem to consolidate the UAE aerospace industry’s position as a global player,” Al Amiri said.
“We will work hand-in-hand with the private sector to ensure that the scientific and technical expertise in our interplanetary missions is available, while creating a strong regulatory and commercial framework to consolidate our innovation-driven economy.”
Nandini Silka
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