Egypt explores space technology partnerships with UAE and local firms

Date: 2025-05-05
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The Chief Executive Officer of the Egyptian Space Agency, Prof. Dr. Sherif Sedky has hosted high-level delegations from UAE's Space42 and Egypt's Triangle Group at the agency's headquarters. The meeting focused on expanding cooperation in cutting-edge space technologies, smart communications, and AI-powered geospatial analytics. 

The UAE delegation was led by Space42 Chief Commercial Officer Sulaiman Al Ali and joined also by Triangle Group's Business Development Director Hossam Jamal Al Shahawi, representing the 215-year-old Egyptian conglomerate with diversified interests across key economic sectors. 

Discussions centered on knowledge transfer and joint initiatives that align with Egypt's national development goals and its aspirations to become a regional hub for space technology. Potential collaboration areas included satellite communications, Earth observation systems, and AI-driven spatial data applications for urban planning and resource management. 

"This engagement marks an important step in strengthening Egypt's position in the global space economy," stated Prof. Sedky. "By combining international expertise with local capabilities, we can accelerate innovation in sectors critical to our nation's progress." 

The meeting outcomes are expected to contribute to Egypt's growing space ecosystem, which recently saw the successful launch of several indigenous satellites and the establishment of specialized research facilities. Both UAE and Egyptian companies expressed strong interest in converting the discussions into concrete projects that would serve development priorities across Africa and the Middle East. 

Space42 (ADX: SPACE42) is a UAE-based AI-powered SpaceTech company that integrates satellite communications, geospatial analytics, and artificial intelligence capabilities to enlighten the world from space. Established in 2024 following the successful merger between Bayanat and Yahsat, Space42's global reach allows it to address the rapidly evolving needs of its customers in governments, enterprises, and communities. Space42 comprises two business units: Yahsat Space Services and Bayanat Smart Solutions. 

The Yahsat Space Services unit focuses on upstream satellite operations for both fixed and mobility satellite solutions. The Bayanat Smart Solutions unit integrates geospatial data acquisition and processing with AI to inform decision-making, enhance situational awareness, and improve operational efficiency. Space42's major shareholders include G42, Mubadala, and IHC.

By:  Nana Appiah Acquaye

 

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