Non-public area launch automobile firm Innospace is ready to take part in constructing an area knowledge middle within the United Arab Emirates (UAE).
Innospace introduced on Nov. 19 that it signed a memorandum of understanding (MOU) with Madari House for joint development and commercialization cooperation of a UAE area knowledge middle on the Dubai Airshow at present being held within the UAE. By way of this settlement, Innospace and Madari House will collectively discover new area enterprise areas together with area knowledge middle development, launch and satellite tv for pc operation-linked service growth, and associated commercialization alternative discovery, specializing in the Korean and UAE markets.
Each corporations will collectively uncover launch service alternatives reflecting international area know-how demand and market atmosphere, and collectively assessment know-how integration plans and enterprise fashions. Specifically, they plan to debate particular collaboration potentialities for constructing next-generation space-based knowledge platforms by combining Innospace’s built-in service system capabilities encompassing system growth, element and system environmental testing, launch companies, and knowledge transmission and reception companies with Madari House’s area knowledge middle growth capabilities.
Madari House is an area knowledge middle growth startup headquartered in Masdar Metropolis, Abu Dhabi, UAE, which goals to offer safety, reliability, and AI solution-based knowledge companies to international customers by growing area knowledge facilities that mix high-capacity knowledge storage know-how with satellite-based high-performance computing. With help from the Mohammed Bin Rashid Innovation Fund (MBRIF) established by the UAE Ministry of Finance, the corporate is constructing next-generation knowledge storage and processing infrastructure operated in low Earth orbit (LEO). In cooperation with the Mohammed Bin Rashid House Centre (MBRSC) and the United Nations Workplace for Outer House Affairs (UNOOSA), it’s pursuing the check launch of an area knowledge middle pilot system in low Earth orbit in 2026.
Kim Soo-jong, CEO of Innospace, mentioned, “This MOU will function a strategic start line for constructing new area applied sciences and enterprise fashions by means of cooperation with UAE corporations,” including, “The mix of Innospace’s built-in service capabilities with Madari House’s regional community and area knowledge middle growth experience will turn into an essential basis for creating globally main enterprise alternatives within the area knowledge middle area within the medium to long run.”
