UAE NEWSPACE INNOVATION PROGRAM
Incubation & Acceleration
UAE NEWSPACE INNOVATION PROGRAM
Turning space-related ideas into viable businesses with the potential to bolster the growth and competitiveness of the UAE space industry
Driving Innovation In Space
The UAE NewSpace Innovation Program is a joint initiative by the UAE Space Agency and Krypto Labs to accelerate the growth of four tech businesses in the field of NewSpace, which refers to the rise of the private spaceflight industry that aims to make space more accessible, affordable and commercial, for scientists and the general public.
The program falls under the National Space Investment Promotion Plan which aims to heighten the role of the space industry in contributing to the economy of the UAE, while encouraging a culture of interest in the space sector, in efforts to establish a knowledge-based competitive national economy built on innovation and the latest technologies.
The Program
A 3-month incubation and acceleration program open for groundbreaking entrepreneurs, startups, university students and staff, and small and medium-sized enterprises, to transform their space-related ideas and/or MVPs into commercially viable and scalable market-ready products.
We are looking for teams to build solutions across the following categories:
Innovations in Space
Sciences
Extending Human
Presence in Space
Exploration &
Communications in Space
Benefits From The Program
- AED500,000 worth of development professional services per each team.
- Access to a 3-month incubation and acceleration program focusing on business creation, marketing, sales, growth strategies, and pitching to investors.
- One-on-one mentorship with world-class space tech experts.
- Access to lab facilities and equipment.
- Access to the UAE Space Agency and Krypto Labs’ global and local networks.
- Free workspace.
- Media exposure.
- Potential investment.
Eligibility Criteria
The UAE NewSpace Innovation Program is targeted at entrepreneurs, tech startups, university students, faculty members, researchers, government employees and registered SMEs in the ideation stage or with an MVP or a startup.
To be eligible, applicants have to comply with the following criteria:
- Innovation: the idea must be innovative
- Originality: the idea must be unique and fully developed by the team
- Feasibility: the idea must be feasible
- Scalability: the idea must create a scalable product
- Impact: the idea must bolster the growth and competitiveness of the space industry
- Clarity: the idea must contain a clear technical approach
- Team: the team must have a relevant background
- Emiratization: at least one team member must be a UAE citizen
- NewSpace: the idea must fall under one of the program’s categories
