Font Size

- Aa +

Tue 28 Jan 2020 11:34 AM

Font Size

- Aa +

UAE-based start-ups and investors to attend global space tech meet in India

Jasmal Husein Al Zaabal, Consul General of UAE in India, to be among speakers at two-day event

UAE-based start-ups and investors to attend global space tech meet in India

The global space industry is estimated to be of $250-300 billion in size.

Investor groups, start-ups and space technology professionals from the UAE and other Middle East countries will be among hundreds of experts and industry leaders from around the world who will be participating in a two-day global conclave on space technology to be held in Thiruvananthapuram, the capital city of south Indian state Kerala.

The two-day space event, to be held from January 31, which will explore the paradigm shift in the global space industry - estimated to be of $250-300 billion in size - is slated to be addressed, among others, by Jasmal Husein Al Zaabal, Consul General of the UAE in India.

Dr K Sivan, chairman of the Indian Space Research Organisation (ISRO); Dr Arbinda Mitra, principal scientific advisor to the Government of India; Dr Gilles Rabin, director innovations, CNES Connect; Rakesh Sasibhushan, CMD, Antrix; Venkat Katkuri, head – defence & space, Airbus; and prof Daniel Baker, director, LASP, University of Colorado, will be among the industry experts who will be speaking at the event.

The event is organised by India’s first Space Park, being developed by the Kerala government in Thiruvanathapuram, with investments and participation from private industry and top institutions including ISRO.

Finute Technology and Alfa Design, which have operations in the UAE through their parent companies, are among 15 space-tech companies and start-ups which will be participating in the event.

Main topics to be covered by the meet include: “Space industries - opportunities ahead”, “Investment in space”, “New space legal & regulatory challenges”, “Space data-opportunities ahead” and “Space tech for science and academic missions”. 

The meet will also have presentations by industry speakers, start-up promoters, interactions and networking sessions.

“This event will bring together international space-tech companies, space industry bodies, start-ups, innovators, academicians and investors to deliberate and explore opportunities for collaboration and co-creation,” Santhosh Kurup, CEO of Space Park, told Arabian Business.

 “An exponential growth is expected in the space tech industry in the next few years, with private consumers looking for services like never before and traditional government-run programmes are likely to be taken up by private organisations,” Kurup added.

The event is also expected to help the Kerala government attract space-tech companies, space start-ups and investors to the Space Park project, the first of its kind coming up in India.

​The state-of-the-art Space Technology Park is envisaged to become a major manufacturing hub for space-related technology, research and development. It will feature three focus areas - high tech manufacturing, electronic component and software development.

Digital magazine: Read the latest edition of Arabian Business online

For all the latest tech news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.