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DIFC Innovation Hub and MBRSC Partner to Position Dubai as the Global South’s Leading Hub for SpaceTech Commercialisation, Finance, and Insurance |
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Global South’s Leading Hub for SpaceTech Commercialisation, Finance, and InsuranceThe Mohammed Bin Rashid Space Centre (MBRSC) and DIFC’s Innovation Hub today signed a Memorandum of Understanding (MoU) at the Dubai Airshow, marking a defining step in advancing Dubai’s leadership in the global space economy. The partnership will establish “Space for Earth Labs” — a joint platform dedicated to accelerating the commercialisation and adoption of space technologies, connecting pioneering ventures with governments, industries, and financial institutions across the Global South. By linking innovation, finance, and policy, the initiative aims to position Dubai as the world’s foremost centres for the commercial application of space technologies, space finance and insurance, while cultivating the next generation of Emirati space entrepreneurs and reinforcing the UAE’s vision of a diversified, knowledge-based economy. Housed within the DIFC Innovation Hub in partnership with MBRSC, Space for Earth Labs will serve as the launchpad for SpaceTech commercialisation. The platform will offer a fully integrated ecosystem — providing end-to-end support from venture licensing and co-working to curated start-up programs that help global innovators land, grow, and scale their technologies across the region.
The first initiative under Space for Earth Labs is a Geospatial Accelerator, developed in partnership with RELM Insurance, a leading specialty insurance for the space economy, artificial intelligence and emerging economic sectors. The program will invite global and regional scale-ups to pilot Earth Observation (EO) and AI-driven solutions tackling urgent challenges in climate resilience, environmental monitoring, infrastructure optimisation as well as insurance applications. Participating entities will include leading public agencies and corporates who will act as end-users of the technologies piloted. Through this collaboration, DIFC and MBRSC will foster public–private partnerships that transform cutting- edge research and space data into commercially viable solutions with measurable impact — advancing national priorities in sustainability, innovation, and resilience. The Geospatial Accelerator is now open for submissions, inviting innovators worldwide to scale their solutions His Excellency Salem Humaid AlMarri, Director General, MBRSC, said, “The partnership with DIFC reflects a His Excellency Arif Amiri, Chief Executive Officer of DIFC Authority, said: “With more than 1,500 FinTech and Operating from the DIFC Innovation Hub, Space for Earth Labs serves as a dedicated platform for SpaceTech |
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