UAE Space Agency

Industry News

UAE Space Economy Spending Increases 27.1 Percent to AED 5.52 Billion

Total expenditure in the UAE space economy expanded by 27.1 percent to AED 5.52 billion, according to the latest Space Economic Survey released by the UAE Space Agency and the Federal Competitiveness and Statistics Centre. The commercial sector accounted for 48 percent of total spending, reaching AED 2.64 billion. The survey also recorded significant increases in Emirati participation, youth employment, and female representation across the sector.

Industry News

UAE Unveils Asteroid Belt Probe as Space Sector Tops Dh44 Billion

Sheikh Hamdan bin Mohammed attended the unveiling of the UAE-developed probe for the Emirates Mission to the Asteroid Belt, which achieved flight readiness in under two years. The probe will journey five billion kilometres aboard the MBR Explorer to study seven asteroids, ending with an autonomous landing on 269 Justitia. Sheikh Hamdan noted that the UAE space sector is now valued at over Dh44 billion, with targets to double economic returns by 2031.

Industry News

UAE Launches Altair-1, First Commercial Satellite Built in the Country

The UAE has launched Altair-1, its first domestically manufactured commercial satellite, aboard a SpaceX rideshare mission from California. Assembled at Orbitworks' KEZAD facility in Abu Dhabi, the satellite is the first of a planned 10-satellite AI-enabled Earth observation constellation. The milestone aligns with the UAE's National Space Strategy 2031 and industrial manufacturing initiatives.