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Oman launches space accelerator programme to boost innovation
Oman launches space accelerator programme to boost innovation

Observer

time3 days ago

  • Business
  • Observer

Oman launches space accelerator programme to boost innovation

MUSCAT: In a significant move in furtherance of Oman Vision 2040, the Sultanate of Oman has launched the Oman Space Accelerators Programme—an innovative programme to foster in-country capabilities in the global space sector and establish a knowledge-based economy. Commissioned by the Ministry of Transport, Communications and Information Technology (MoTCIT), the accelerator is Oman's first and is being established in partnership with Ankaa Space & Technologies and UK space innovation business Exotopic. Dr Ali bin Amer al Shidhani, Under-Secretary for Communications and Information Technology, explained: 'It is the first-of-its-kind accelerator programme in Oman that is initiated to serve technology companies that want to venture into the growing space industry. The programme will provide technical guidance, awareness training, and official networking with investors, global corporations, and world space industry legends.' He continued, "The long-term vision of the accelerator is to equip 10 Omani companies with the necessary tools and expertise to be path-breaking drivers of the space economy, contributing directly to Oman Vision 2040's innovation and human capital targets." The 15-week programme, extending from late August through early December, will support ten Omani startups, small and medium-sized enterprises, entrepreneurs, and academics with a fast-track sequence of training workshops and business development exercises. Dr Saoud bin Humaid al Shoaili, Head of the National Space Programme, linked the programme to broader national interests: "As part of an effort to realize the ambitious goals of the National Space Programme and Oman Vision 2040, we launched a comprehensive strategy aimed at developing strong national capabilities in the sector." Dr Al Shoaili also explained that the project fosters a competitive culture that encourages creative solutions, and the first three entities are awarded to encourage sustainable activities corresponding to strategic goals of the industry. The programme will focus on key space industry domains such as communications, earth observation, geospatial analytics, navigation, drones, AI and machine learning, advanced computing, data storage, IoT, spacecraft simulations, startup acceleration, and technology innovation. He outlined the three strategic pillars of the programme: institutional capacity, individual skills development, and entrepreneurial and commercial capability. 'Since January 2023, we've implemented a number of targeted initiatives to strengthen Omani expertise and readiness in the space domain, in line with national aspirations,' he said. Ghaida al Jabri, Project Manager at Ankaa Space & Technologies, highlighted the inclusive and collaborative nature of the project. "Oman has worked on this programme in partnership with MoTCIT, Al Ankaa, and Exotopic in the National Space Programme. It is a demonstration of direct contribution to the innovation and private sector development pillars of Oman Vision 2040." She added, "The programme aims to fast-track the growth of domestic entities and put them in a position to be at the forefront of Oman's new space economy." Speaking to the Observer, Dan Veal, Principal Investigator at Exotopic, emphasised the strategic timing of Oman's entry into the space race. "Oman is entering the international space sector at a critical time when neighboring nations are heavily investing in space technologies. The project represents a significant opportunity for young Omanis and small and medium enterprises to take up a forward-thinking and fast-growing global industry." He noted, "Given the data-driven nature of the space economy, it's quite open for new entrants to make a significant impact quite soon. Oman has a good chance of competing at the regional and global level."

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