UAE Announces $810 Mn Investment & Development Fund for Space Sector
The UAE Space Agency on Sunday announced a new $810 million national investment and development fund for the space sector, The National Space Fund.
The Fund will support groundbreaking new programmes launched to support international and Emirati companies co-operating in leading-edge space sector engineering, sciences, and research applications.
The National Space Fund was announced under the auspices of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister, and Ruler of Dubai UAE.
The Fund’s first project to be launched to space will be a constellation of advanced remote sensing satellites using radar technologies to provide unparalleled imaging capabilities.
Sarah bint Yousef Al Amiri, Chairwoman of the UAE Space Agency, said: "A long-term plan and programme for the development of the Emirates’ space sector is in place to create economic opportunities and space sciences and engineering here in the UAE.
"We are planning for a bright future filled with new challenges and openings for our young people – and this fund is precisely targeted at building opportunities for international co-operation in building Emirati enterprises."
The Fund will actively encourage partnerships between international and local enterprises, providing them with incentives as a part of the UAE Space Agency’s Space Economic Zones Programme.
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Salem Al Qubaisi, Director General of the UAE Space Agency, said, "The National Space Fund will encourage global partnerships to establish themselves here in the Emirates, providing new and vital technology platforms and development."
The Fund’s first investment will be in the development and launch of a constellation of advanced imaging satellites for the Emirates, using the SAR (Synthetic Aperture Radar) technology.
The constellation is to be named Sirb after the Arabic term for a flock of birds and will address the critical need for better environmental and land usage monitoring, data collection and analysis to meet today’s global challenges.
The planned satellites will be able to create highly detailed and complex radar ‘images’ of land use, ice cover, surface changes and characterisation, with a wide range of scientific, civil and commercial applications.
Sarah Al Amiri said "SAR technology leapfrogs traditional imaging satellites, providing more powerful imaging using X-band radar technologies, allowing us to continue observations day and night, through fog and cloud cover as well as combining observations to create big data pictures.
"These small-scale satellites are more agile, faster to develop and more powerful – an indicator of the types of new generation systems that technology is now making possible."
SAR technology combines the power of imaging satellites with cloud and ground penetrating capabilities that will open up applications from urban planning to archaeology and from weather prediction to atmospheric quality analysis and climate change mapping.
Critically, the SAR radar-based technology can provide high-resolution images for remote sensing applications regardless of sunlight illumination and weather conditions.
The six-year satellite development programme will see the first satellite launch in three years, a much faster time to launch than was possible using traditional earth observation satellite design principles.
The Sirb satellites will be built through several partnerships between the Emirati public and private sectors together with international players.
As well as addressing critical human needs for more wide-ranging data, the Sirb constellation provides a private sector opportunity that bridges the gap between the Emirates Mars Mission and the upcoming Beyond Mars Mission to Venus and the Main Asteroid Belt, due to launch in 2028.
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