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Loft Orbital forms joint venture with UAE-based firm to scale satellite production in the Middle East

TechCrunch LogoTechCrunch1w ago

Loft Orbital forms joint venture with UAE-based firm to scale satellite production in the Middle East - TechCrunch

Quick Summary:

The joint venture, called Orbitworks, will be the first commercial firm in the United Arab Emirates to mass manufacture satellites.

EV startup Canoo’s chief technology officer Sohel Merchant has left the company, two people familiar with his departure have told TechCrunch.

The UAE sent its first astronaut (or privately funded “spaceflight participant” as NASA put it) to the ISS in 2019; two years later, it became the latest member of a very small group of nations to put a probe into Martian orbit.


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Article Details

Author / Journalist: Aria Alamalhodaei

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-26 @ 06:00:00 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1057 words

Reading Time: 6 minutes read

Sentences: 45 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22253943

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