A total of 217 space sector start-ups and entrepreneurs received funding exceeding $2.5 billion throughout 2017, with 14 having been founded in the Middle East, a statement at the final day of the Global Aerospace Summit in Abu Dhabi revealed.
Of the 217, 121 are based in the US, according to Mark Boggett, Managing Director of Serphim Capital, who moderated a panel discussion on the space sector as an entrepreneurial haven.
In the following Interview with Dr. Mohammed Al Ahbabi, DG, UAE Space Agency, iotwas revealed that theUAE is leading the region in both space and aerospace technology.
How many satellites does the UAE own and operate?
How is the planetary mission to Mars 2117 being used to build a space nation?
Watch the video here.