Orbitworks: The Middle East’s First Private Space Infrastructure Company Launched
Slice of Manufacturing Team
08/30/2024
Key Highlights:
- Orbitworks formed by Marlan Space and Loft Orbital as the Middle East's first private space infrastructure company.
- $100 million initial investment to produce up to fifty 500 kg LEO satellites annually.
- Facility construction for satellite integration and testing to begin shortly, with the first satellite launch expected by Q1 2026.
Source (Business Wire)
Quotes
“ “We have long believed in the dynamism and growth of the UAE’s space sector, and we are proud to be playing a small part in the country’s journey to becoming a space powerhouse." ”
Pierre-Damien Vaujour, CEO at Loft Orbital
Our Take:
Orbitworks represents a transformative step in the UAE's ambition to solidify its position as a leader in space technology. By establishing the Middle East’s first private space infrastructure company, the UAE is positioning itself at the forefront of commercial satellite production in the region. The collaboration between Marlan Space and Loft Orbital not only brings advanced technology to the region but also creates significant opportunities for local industries and talent. The focus on integrating AI and collaborating with local manufacturers underscores the UAE's commitment to innovation and technological leadership in the space sector.
