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Life Style / Science & Environment

UAE earmarks $820 million to build satellites, fund space plan

Published: 17 Jul 2022 - 11:23 am | Last Updated: 17 Jul 2022 - 11:26 am
File image used for illustration purposes only

File image used for illustration purposes only

Bloomberg

The United Arab Emirates will set up a 3 billion dirham ($820 million) fund to develop satellites as well as support an ambitious space program that’s already put a probe into Martian orbit and includes plans to explore Venus.

The program will include the establishment of a national fund with a capital of three billion dirhams, and the launch of a national program for the development of modern radar satellites, UAE Ruler Mohammed bin Zayed said. The satellites will provide 24-hour all-weather earth imaging.

"The project will contribute to the UAE’s efforts to develop solutions to climate change, environmental sustainability and improved disaster management,” the country’s media office said. Applications will include detection of oil spills, monitoring ships, as well as search and rescue.
The Gulf nation said the move will make it the first Arab country to develop a constellation of Synthetic Aperture Radar Satellites. With plans to explore Venus within seven years and land on an asteroid, in addition to launching a spacecraft into Martian orbit, the UAE already has the Middle East’s most ambitious space program.

The country established a Space Agency in 2014, sent its first astronaut to the International Space Station five years later, and plans to send an unmanned spaceship to the moon in 2024.