Industry Updates

'SAMENA Daily' - News

CST concludes a series of awareness meetings with investors and entrepreneurs in the space sector

The Communications, Space and Technology Commission (CST) has concluded a series of specialized awareness sessions on investment in the Space sector, organized in partnership with the Venture Capital and Private Equity Association (VCPEA).

The series included a session aimed at enhancing the relationship between investors and promising Space companies, as well as raising awareness among the Association’s investors of the promising opportunities in this vital sector.

The series featured many initiatives including awareness events for investors and promising companies, as well as educational workshops.

The concluding session started with a brief presentation highlighting key emerging technologies in the Space sector and the investment opportunities they offer, followed by a panel discussion moderated by the CEO of VCPEA, Mr. Qusai AlSaif, with the participation of several investors in the Space sector.

The discussion explored recent developments witnessed by entrepreneurs and investors in the Space industry, highlighted key enabling technologies, such as AI and IoT, and examined their impact on other sectors, including food security, urban development, and defense, with the sector’s growing investment volume and rapid adoption of its solutions.

This session is part of CST’s efforts to develop a stimulating investment environment in the Space sector, enhance its role as an innovative economic driver contributing to the diversification of income sources, enable national talents, and support the growth of startups in alignment with the goals of Saudi Arabia’s Vision 2030.



Source: https://www.cst.gov.sa/en/media-center/news/N2025122401

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