The UAE Space Agency is developing an integrated program to support the space startups and SMEs (Small and medium-sized enterprises) to contribute to the national space economy through partnerships with various partners in the country.
The main initiatives of the program are:
- Space Economy Stimulus Packages
- Space Labs
- Establishing Space Economic Zones
The objectives of the initiatives
- Creating an attractive and integrated business environment to meet local and international needs.
- Enhancing the competitiveness of companies operating in the space economy, which contributes to enhancing the demand for space applications and services.
- Stimulating innovation and growing the sector's economic contribution to the country's non-oil GDP.
Space Package Incentives
- Express Permit: A permit issued by the Agency to practice specific space activities, including licenses, permissions, and approvals, according to the Federal Law No. (12) of 2019 regarding the regulation of the space sector.
- Space Labs: Through space labs, companies will get the chance to utilize the space facilities in the UAE in partnership with space centers. In addition to the space technical consultancy service that will be provided by space expertise.
- Accelerators Program: Acceleration program opportunities will be provided by our partners to help space startups and SMEs accelerate their business and take it to the next level.
- Funds and Financial Solutions: Funds and attractive financial solutions will be provided by our partners to help space startups and SMEs sustainable their growth in the UAE.
- Working Spaces: in cooperation with its local partners in the Emirates of Abu Dhabi and Dubai, the program's first phase will provide offices and working spaces at competitive rates in an integrated Space-ecosystem environment that helps companies grow and develop their business.
- Promotion Opportunities: The UAE Space Agency will offer promotion opportunities that will companies expand their space expertise network and get the latest updates of the rapidly growing space sector through participating in various national and international space conferences and events.
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