Hosted by the Saudi Space Agency and in collaboration with the World Economic Forum, the Centre for Space Futures, aims to facilitate public-private discussions on space collaboration. 

The two entities will collaborate to ensure that the center incorporates the best practices from the World Economic Forum and its communities into the global space sector to accelerate space technologies.

Scheduled to open later this year, HE Dr. Mohammed Altamimi, CEO of the Saudi Space Agency, stated that the center is committed to nurturing a vibrant, prosperous, and sustainable space economy on a global scale.

“By developing principles, expanding knowledge, refining models, and cultivating partnerships, we aim to responsibly harness the vast opportunities of space,” he added.

Meanwhile, Jeremy Jurgens, Managing Director of the World Economic Forum, emphasized that the significance of the global space sector cannot be overstated. Its impact ranges from monitoring the effects of climate change to enhancing human connectivity through satellites.

“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,” he added.

The Centre for Space Futures is the first in the C4IR Network to focus on space exclusively. Working alongside the existing national center in Saudi Arabia, it will strive to champion the goals outlined in Vision 2030.