On July 20th, the UAE’s first rocket to Mars lifted off from Tanegashima spaceport in Japan. It carried the Hope Probe, regarded as a vehicle for inspiration, and is now on a 500-million-km journey to study the weather and climate on the Red Planet.
Rather than repeat the measurements and processes that have already been taken on Mars, the UAE consulted with NASA’s Mars Exploration Program Analysis Group to see what research a UAE probe could productively add to the current findings.
In recent years, the UAE government has invested more attention and money into space initiatives, including the formation of the UAE Space Agency and establishment of a national space law.
United Arab Emirates will seek to encourage both investment in space ventures in the country as well as investment by domestic funds into the broader space industry under a new plan. The plan seeks to encourage foreign investment in the UAE’s emerging space sector, while also encouraging the country’s own investment vehicles to invest in the industry, either within or outside the country.
The UAE Space Law aims to create a legislative and regulatory environment for the national space sector in line with the UAE’s other laws and regulations.
The law is being implemented during a transformational time within the global space sector. This transition continues to present new opportunities for start-ups and small to medium-sized businesses. The UAE Space industry is not only benefiting the national economy, but it is also helping 17 other industries that include the environmental sector, the transport sector, and the insurance sector.
UAE’s investments in the space industry have exceeded AED22 billion, and the sector has provided 1,500 jobs at 57 space-related entities, five space research and development centers, and three universities offering space degrees. The commercial side of the sector has also tied up with the world’s seventh-largest satellite operator in terms of revenue, Al Yah Satellite Communications Company, and Thuraya Telecommunications Company.
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