Emerging $634bln space economy is key focus at Dubai Airshow

Emerging $634bln space economy is key focus at Dubai Airshow

The 18th edition of Dubai Airshow 2023, which will take place from 13-17 November, will see an increased focus on space technologies with the emerging space economy on a trajectory to grow beyond $634 billion by 2026. With the support of the UAE Space Agency, the airshow will be offering a platform for companies and investors who are keen to see and learn about the latest space technologies from industry trailblazers at the biggest Space pavilion to date, organisers of the event said. With space now expected to be a key component for the future growth of individual countries and the aerospace industry as a whole, it will be a key theme at this year’s Dubai Airshow. Following the signing of a Memorandum of Understanding (MoU) between Dubai Airshow and the UAE Space Agency at the 2021 Airshow, the two parties are collaborating to further enhance the event’s focus on space, strengthening this year’s offering “The UAE has made great strides in building national capabilities in earth observation, training astronauts, sending missions to the moon and soon to the asteroid belt. The most critical component in the next five to ten years will be to build major capabilities in the