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ADFD announces satellite launch
Gulf Today
|February 08, 2026
In a strategic move reinforcing the United Arab Emirates’ position as a global hub for the manufacturing of small and medium-sized satellites, Abu Dhabi Fund for Development (ADFD) signed a cooperation agreement with Orbitworks, a leading Emirati company in space technology with a strong regional and international track record, to launch a dedicated satellite capacity for the Fund, in collaboration with a select group of local partners.
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The satellite will support monitoring and evaluation of development and investment projects financed by ADFD across multiple regions worldwide, enhancing data accuracy, operational oversight, and evidence-based decision-making through advanced technologies and innovative solutions. The agreement was signed on the sidelines of the World Government Summit by Mohamed Saif Al Suwaidi, Director-General of ADFD, and Dr Hamdullah Mohib, Chief Executive Officer of Orbi
Dit verhaal komt uit de February 08, 2026-editie van Gulf Today.
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