Space42
About
Publicly listed regional tech company referenced as a driver of index momentum.
Founders
Recent News
Post détente - UAE
Regional players are expanding despite geopolitical tensions: Adnoc cut spot crude sales to Asia, Space42 is pursuing international commercial growth, DTC and Bolt added vehicles to their platforms, and Parkin is entering Egypt.
UAESA (United Arab Emirates Space Agency) Statistics (2026)
UAESA sits on an AED 3 billion National Space Fund supporting satellite manufacturing, commercial partnerships and private-sector integration with MoUs and industry ties to firms such as Hex20, Orbital Space, Space42 and Fada.
Robo.ai Announces Core Executive Appointments, Forming a Local UAE Leadership Team at Neurovia AI
Robo.ai appointed a local UAE leadership team for its Neurovia AI subsidiary — Khalifa Mohammed Alshehhi (CEO), Ziad Shaltuni (Chief Growth Officer) and Ahmed Alhashmi (CMO) — to commercialise the NeuroStream™ visual data processing platform across government and enterprise markets in the Gulf.
Regional conflict drags MENA startup funding down 22%
MENA startup funding fell 22% in H1 2026 to $1.35 billion with deal count down 41%; funding was highly concentrated in a few large rounds (notably CargoX, Mal and CNTXT AI) and early-stage activity slowed markedly.