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SpaceTech in GCC Region 2022/Q3

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Image by Massimiliano Morosinotto

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This case study is focused on the state and development of SpaceTech in GCC as of August 2022.

 SpaceTech Activity in GCC Region Q3 2022 summarizes vital observations in the SpaceTech ecosystem, a rapidly evolving and exponentially growing industry within Gulf Cooperation Council (GCC) region. In it, we have assembled information about key industry trends and created a database of 40 SpaceTech companies, 14 leading investors, and 11 R&D Centres and Hubs, including top space agencies. 

With a few major GCC companies achieving significant advances in their sphere in recent years, there are numerous prospects for further development of SpaceTech in GCC. The countries have already achieved major progress in developing and expanding the SpaceTech sector, providing the industry with additional levels of technological progress and hosting a large number of SpaceTech companies, events, and activities within its borders.