Dubai launches Dh1B Space Cooperation Programme
Dubai has initiated a Dh1 billion International Space Cooperation Programme to boost global collaboration in space research and development. This program aims to strengthen the UAE's position in advanced space technologies and industries, opening opportunities for startups in the sector.
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, launched a Dh1 billion ($272 million) International Space Cooperation Programme. The initiative seeks to foster global collaboration in space research, development, and advanced technologies.
The program is designed to solidify the UAE's leadership in the global space sector and attract talent and investment. It provides a significant boost to local and international startups working on space-related innovations, creating a fertile ground for new ventures and technological advancements.