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Saudi Space Agency, World Economic Forum Announce New Centre for Space Futures

The World Economic Forum (WEF) and the Saudi Space Agency have joined forces to establish the Centre for Space Futures, a pioneering initiative dedicated to space-related advancements.

Expected to open in autumn 2024, the Centre will be hosted by the Saudi Space Agency and will serve as a platform for public-private discussions on space collaboration, incorporating best practices from the Forum and its communities into the global space sector.

“The Centre is committed to fostering a vibrant, prosperous, and sustainable space economy globally. By developing principles, expanding knowledge, refining models and cultivating partnerships, we aim to responsibly harness the vast opportunities of space,” Dr. Mohammed Altamimi, CEO of the Saudi Space Agency said.

Recognising the impact of the global space sector on Earth, Jeremy Jurgens, Managing Director of the World Economic Forum, added: “From monitoring the effects of climate change to increasing human connectivity via satellites, the impact of the global space sector on Earth cannot be overstated. The addition of the Centre for Space Futures into the C4IR Network recognizes the importance of addressing various topics such as space technological innovation, policies and regulatory, as well as sustainability.”

The Centre for Space Futures is the first center within the network of Fourth Industrial Revolution Centers to focus solely on space.

It will work in tandem with the existing national center in Saudi Arabia, C4IR Saudi Arabia, to advance the goals of Saudi Vision 2030.

Saudi Vision 2030 is the country’s comprehensive roadmap for economic diversification, global engagement, and an enhanced quality of life.

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Arabian Business

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