The Centre for Space Futures, hosted by the Saudi Space Agency, will contribute to local and global advances in space technologies and sustainability.
The World Economic Forum has signed an agreement with the Saudi Space Agency to establish a Centre for the Fourth Industrial Revolution (C4IR) focused on space.
The Centre for Space Futures, set to open in autumn 2024, will be hosted by the Saudi Space Agency. It aims to facilitate public-private discussions on space collaboration, incorporating best practices from the Forum and its communities into the global space sector and generating contributions to accelerate space technologies.
Jeremy Jurgens, Managing Director, World Economic Forum, said: 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 recognises 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 centre in the C4IR network to focus exclusively on space. It will work alongside the existing national centre, C4IR Saudi Arabia, to advance Saudi Vision 2030, the countrys roadmap for economic diversification, global engagement and enhanced quality of life.
Mohammed Al Tamimi, CEO of Saudi Space Agency, added: “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.”
