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United Arab Emirates launches $820M fund to boost domestic space economy

The United Arab Emirates will pour more than $800 million into space initiatives through a massive new fund, with the first investment going toward the establishment of a remote sensing satellite constellation.
That constellation, called “Sirb” (the Arabic word for a flock of birds), will use synthetic aperture radar technology to capture high-resolution images. The country listed border control, oil spill detection and ship detection and tracking among the practical uses for the satellites. The UAE aims to launch the first satellite in three years, with the entire satellite program to last ar

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