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The Saudi Space Agency and the World Economic Forum establish a global space center

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Through this center, the Saudi Space Agency will manage and lead initiatives in cooperation with the World Economic Forum, which will contribute to achieving many key goals, including establishing a global platform to maximize economic value.

In a step that strengthens the position of the Kingdom of Saudi Arabia in the field of space and technology, the Kingdom, represented by…Space agency, In cooperation with World Economic Forum, signed Agreement with the forum The global economic crisis to establish a “Future Space Center” in its territory.

It is the first center of its kind that will provide the necessary support for the growth of the economic, research and innovation fields of space.

“center The future of space “He comes to be a leader in supporting the growth of economic, research and innovation areas of space. The Saudi Space Agency will manage and lead initiatives in cooperation with the World Economic Forum, with the aim of achieving several key goals, including establishing a global platform to maximize the economic and environmental value of the space sector.

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The agreement was signed by Dr. Mohammed Al-Tamimi, CEO of the Saudi Space Agency, and Jeremy Jurgens, Director-General of the World Economic Forum, within the framework of the special meeting of the World Economic Forum, which witnessed the arrival of a number of prominent figures in the field of space and economics.

In his statement, Dr. Mohammed Al-Tamimi stressed the center’s commitment to strengthening the space economy globally and expanding knowledge, stressing the importance of the strategic partnership with the World Economic Forum. For his part, Jeremy Jurgens explained that the joining of the Center for the Future of Space to the C4IR network reflects recognition of the importance of cooperation in the areas of technological innovation, policy and sustainability.

This step aims to support the growth of the economic, research and innovative space sector, as the center will work to manage and lead initiatives in cooperation with the Saudi Space Agency. The center is expected to contribute to achieving several main goals, including establishing a global platform to maximize the economic and environmental value of the space sector, and developing best practices and regulatory and legislative policies.

 

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