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“Yousef Al Amiri”
UAE Establishes $820 Million Space Investment Fund

The United Arab Emirates has established an $820 million (AED3 billion) fund to boost the nation’s space sector, with initial plans to produce a constellation of synthetic aperture radar satellites named Sirb to image Earth. Arabian Business reports: The new investment and development fund will support local and international companies who are playing a part in the country’s space engineering, sciences, and research applications – which already saw previous ambitious […]

  • Parabolic Arc
  • July 18, 2022