ISU MSS 2024

Tag Archives: Vision 2030

Saudi Arabia launches astronaut program and partners with Axiom to fly two astronauts to space

Human spaceflight services provider Axiom Space, has signed an agreement with the Saudi Space Commission (SSC) for a future flight opportunity no earlier than 2023, Axiom said. Under the agreement, Axiom will train Saudi astronauts for human spaceflight and conducting scientific research in space.

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Virgin Group Cuts Off Space Investment Talks With Saudi Arabia Amidst Khashoggi Murder Allegation

The Virgin Group, the parent company of Virgin Galactic and Virgin Orbit, has withdrawn from all discussions over a U.S.$1 billion investment in its space activities with Saudi Arabia's Public Investment Fund (PIF) following the alleged torture and murder of dissident Saudi journalist Jamal Khashoggi in the Saudi Consulate in Istanbul, Turkey, on 2 October 2018.

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Saudi Arabian Delegation Visits UAE Space Agency in Abu Dhabi

The UAE has become a trailblazer in the Arab world in the field of space and satellite technology, an effort that is a part of a wider economic diversification initiative by the UAE government to ween the Gulf Arab state off of its economic dependency on hydrocarbons. It appears that neighbouring Gulf Arab countries are taking note, as a recent visit to the UAE Space Agency by a prominent delegation from the Kingdom of Saudi Arabia demonstrates.

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Saudi Arabia and Virgin Announce Partnership on Spaceflight, Satellite Launch, and Space-Centric Entertainment Industry

The Public Investment Fund (PIF) of Saudi Arabia and Virgin Group (Virgin), have signed a non-binding Memorandum of Understanding (MoU) for a partnership under which PIF intends to invest approximately $1 billion into Virgin Galactic, The Spaceship Company and Virgin Orbit, with an option for $480 million of future additional …

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Saudi Arabia’s TAQNIA Space Signs Agreement With Bank Albilad for Satellite Financing

A joint cooperation agreement has been signed between Bank Albilad and TAQNIA space which includes a long-term financing process to provide satellite Internet communications, voice communication, and satellite TV reception services. TAQNIA Space aims to transfer and market satellite technology, support the sustainable development of GDP, diversify the economy, create …

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