Breaking News :

Oman and Switzerland Strengthen Bilateral Cooperation with Multiple Memoranda of Understanding

Empowering Coastal Women in Oman: “Mina” Project Unveiled

Information Minister Affirms Keenness to Strengthen Communication with International Media Institutions

“Oman’s Education and Innovation Drive: Sultan Haitham’s Vision”

UAE Space Agency launches National Space Academy to develop national cadres

HM The Sultan Presides over 8th Term Convening of Council of Oman

Selecting Topics Phase Launched of “Together we Make Progress” Forum

HM The Sultan Issues 2 Royal Decrees

Interior Minister visits Operations Chamber of Shura Council Elections

Omanis Cast Ballots for Shura Council’s 10th Term Membership

“Navigating Talent Challenges in Oman’s Telecom Sector”

“Bank Merger in Oman: A Human Resources Transformation Story”

Omantel’s 5G Excellence Recognized with “Samena Communications Award”

NHS scientist awarded £58,000 after being named ‘Paininarse’ on spreadsheet

‘Kill list’ | Mystery doc shows list of LinkedIn staff facing redundancy, days before HR announcement

HM The Sultan Receives Ambassadors’ Credentials

“Empowering Omani Women: A Message of Hope and Progress”

Mohammed bin Rashid opens GITEX GLOBAL

“The Unforgettable Wisdom of Elon Musk: Never Giving Up”

HH Sayyid Bilarab Chairs Meeting of Omani Startups’ Supervisory Committee

“Dhi Yazan bin Haitham Al Said Inaugurates Duqm Economic Forum “

Omani Woman: Clear Vision & Remarkable Achievements

“Strategies for Cultivating a Healthy and Productive Work Environment”

“Essential Reading for HR Professionals: 17 HR Books You Can’t Miss in 2023”

“Future-Proofing Your Career: Essential Skills for Tomorrow’s Job Market”

MAWARED annual book

Transformational Leadership: Inspiring Change and Achieving Excellence

“al sulaam Program (Episode four) with Dr. Aamal al bussaidi .”

“al sullam Program (Episode Two) with Dr. Ahmed Al-Ghusani.”

Nama Group and Omani Society for Human Resource Management (OSHRM) announce strategic partnership in Human Resources development

Tender Results of Government Treasury Bills Worth RO 36.13 Million Issued

The Impact of Social Media on Shaping Consumer Habits

Tips and Advice for Making Your Project one of the Most Successful Ventures in 2024

“Launch of Jadarat: Phase Three Unveiling for Enhanced National Employment Opportunities”

Ministry of Commerce and Industry Collaborates with Qatar University to Organize Auditors’ Qualifying Test

Minister of Education Stresses Importance of Communicating with Parents to Enrich Integration of Students with Disabilities Into Educational System

Information Ministry organises training course

Maktoum bin Mohammed meets with Ruth Porat, President of Google

Scholarly Research Award Dedicated to Civil Retirement, Social Insurance Launched

A Lab to Develop Services for People with Disabilities Kicks off

December 4, 2023

SRTI Park and UAE Space Agency sign a cooperation agreement


(WAM) — The Sharjah Research Technology and Innovation Park (SRTI Park) and the UAE Space Agency have signed a cooperation agreement to explore new areas of collaboration by leveraging each other’s capabilities, especially in the aerospace technology sector.
The move is part of SRTI Park’s strategy to position Sharjah as a global destination for aerospace innovation and research by tapping into the global aerospace market which grew from $261.12 billion in 2022 to $278.43 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%.

A Memorandum of Understanding (MOU) was signed at the Dubai Air Show by Hussain Al Mahmoudi, CEO of SRTI Park, and Eng. Salem Al Qubaisi, Director General of the UAE Space Agency.

SRTI Park is already home to companies specialising in aerospace sectors, including those developing drones, VR applications, virtual training solutions and conductive concrete which has applications at airports.

Al Mahmoudi said: “We are delighted to sign this MoU with such a dynamic organization as the UAE Space Agency. This agreement represents a significant step in our commitment to sustainable projects, particularly those aligned with the aerospace sector. This historic MOU is part of SRTI Park’s goal of making Sharjah a hub for aerospace innovation and research. We are uniquely placed to welcome and nurture companies dedicated to advancing space sciences and aerospace technologies.”

SRTI Park’s diverse projects — such as Virtual Reality and Augmented Reality applications, the Virtual Training Center simulating aviation environments for cabin crew training, and innovative projects like Conductive Concrete — have direct relevance to the aviation industry.

In extending an invitation to companies engaged in aerospace technologies, the SRTI Park provides an ideal ecosystem for research-intensive businesses. The Park offers cutting-edge research facilities, state-of-the-art laboratories, and a supportive environment conducive to groundbreaking innovations.

The gamut of facilities and benefits include — Research Infrastructure (State-of-the-art laboratories, testing facilities, and collaborative spaces for research and development initiatives); Investment Support (Tailored support for investors, including streamlined licensing processes and access to funding opportunities) and Collaborative Ecosystem (Opportunities to collaborate with leading academic institutions, researchers, and industry experts within the SRTIP community).

Al Mahmoudi added: “The overarching goal is to position Sharjah as a global destination for aerospace innovation and research. We extend a warm welcome to companies engaged in aerospace-linked innovations to join the Park’s dynamic ecosystem, leveraging its strategic location, cutting-edge facilities, and collaborative networks to drive advancements in space sciences and aviation technologies.”

According to the newly signed MoU, SRTI Park and the UAE Space Agency will work towards ‘contributing to the development plans and programs in the country,’ driven by shared objectives of enhancing bilateral relations and a belief that cooperation between the two parties contributes to local development.

The UAE Space Agency is participating in several initiatives at the Dubai Airshow. This includes dedicated areas for the Planet X Challenge and the Space Economic Zones Programme. The UAE Space Agency seeks to enhance the role of private sector startups in the field of space in the UAE to promote the country’s global position as a pioneer in the field of space investment and entrepreneurship.

Read Previous

UAE Space Agency launches National Space Academy to develop national cadres

Read Next

Morocco King Grants Order of Throne to Former Ambassador of Oman

Most Popular