Dubai PR Network, Online Press Release from Dubai and Middle East
 
Business and Economy
Filter PR by
  

Investments in the future of aerospace and space set to be showcased at the Global Aerospace Summit

 
Investments in the future of aerospace and space set to be showcased at the Global Aerospace Summit

24 September 2024 – Abu Dhabi, United Arab Emirates: Global Aerospace Summit, a premier forum spearheaded by CEO’s bringing together the world's aerospace supply chain, is set to drive greater sustainability, youth engagement, and innovation across the industry. The Summit, taking place from 25 to 26 September in the UAE capital, has grown in stature and significance to become the premier platform for high-level dialogue and strategic insights for the industry.

This long-standing event, currently in its seventh edition, continues to bring together the brightest minds and cutting-edge solutions in the aerospace, space and defence sectors consistently attracting government officials, industry CEOs, and leading academics dedicated to advancing the sectors around the world. Sponsors and participants at the Summit will share knowledge, forge new relationships, and celebrate achievements, to shape the future of aerospace.

Key themes on display at the Summit include aerospace technology, policy and investment, with business discussions focusing on the aviation and aerospace realms. The Summit will explore advancements in space and the connectivity opportunity presented by satellite broadband, and emerging technologies such as artificial intelligence, electric propulsion, hydrogen-powered aircraft, and more.

Since its first edition in 2012, the Global Aerospace Summit has solidified the UAE’s position as a leading hub for aerospace, with the aviation industry becoming a major driver for economic growth.  The space economy is forecast to reach $1.8 trillion by 2035, up from $630 billion in 2023 and growing at an average of 9% per annum – well above the growth rate of global gross domestic product (GDP).

Waleid Al Mesmari, President – Space & Cyber Technologies, EDGE said: “As a platinum sponsor of the Global Aerospace Summit, EDGE values the unique opportunity to connect with key players in the defence, space, and aviation sectors. The event facilitates high-level dialogue, enabling us to share knowledge, explore advancements, and forge strategic partnerships that drive innovation locally. It also provides a platform to showcase EDGE’s expanding sovereign capabilities in space. The Summit continues to be an essential forum for collaboration and shaping the future of the aerospace industry.”

Panel sessions will focus on aerospace trends, space communication, air travel demand, sustainability, air cargo and advanced aerial mobility. High-level speakers include Ricardo Conde, President of the Portuguese Space Agency, H.E Dr. Mohamed Alahbabi, Senior Advisor – Space and Cyber Technologies at EDGE Group, and Nicole Mauthe, Board Director & Founder of NMI Engineering. Global business aviation trends, such as supersonic travel and sustainability initiatives, as well as critical issues in liquidity, mergers and acquisitions (M&A), and supply chain resilience for original equipment manufacturers (OEMs) will also be discussed.

“At AmCham Abu Dhabi, we are committed to fostering the expansion of the US-UAE bilateral relationship by promoting collaboration within the aerospace and defence sector. This critical partnership has been instrumental in driving advancements and economic growth, with over 140 US companies participating in the Dubai Airshow 2023 and the many US companies participating in this year's Global Aerospace Summit, the largest US presence to date. The UAE and US' collaboration and investments in defence hardware and services highlights the depth and importance of our shared interest in this sector. These enduring partnerships support regional stability and prosperity, underscoring our shared commitment to security, innovation, and excellence in aerospace” said Liz Beneski, CEO of AmCham Abu Dhabi.

The NextGen Leaders initiative is a key part of the Summit, inspiring and nurturing the next generation to close the gap between young talent and industry leaders. The programme supports the UAE’s Emiratisation objectives, fostering talent development to magnify the potential of the region’s brightest minds.

VISTA, a dedicated area that introduces global start-ups, is set to shake up the aerospace industry, featuring companies ranging from crypto to eVTOLS. Engaging content will be on display on the Innovation Hub stage, with participants having the chance to pitch their solution live in front of an esteemed panel of investors.

Sponsors of the Summit include Diamond sponsors NMI Engineering, Platinum sponsor Edge and Gold Sponsor Airbus. Silver sponsors include Electra, Mino Space, Neste, Spirit Aerosystems, Maxar Intelligence, Electron Aerospace, EGH and Air India SATS Partnership, and Fly Victor.

Additional partners and sponsors include Aerospace Xelerated, GE Aerospace, Shield AI, Audacia, PPMDC, ADNOC, AMCham, DSMC International, GAES, GAL, and the US - UAE Business Council.

'I'm delighted to have the opportunity to share insights from our industry leading ‘Pay Here, Use There’ Sustainable Aviation Fuel solution at the upcoming edition of the Global Aerospace Summit. Over the past two years, in partnership with Neste, the world’s leading producer of SAF, we have observed that a significant cohort of flyers are willing to pay more to take credible climate action when they fly. I look forward to sharing these insights with the delegates at the event's conference panel entitled ‘Accelerating SAF Production and Adoption',' said Simon D’Oyly, general manager, MENA at Fly Victor.

Keynote addresses include a session titled ‘Milestones and future endeavours shaping the nation's space ambitions’ by H.E Salem Al Marri, Director General of Mohamed Bin Rashid Space Centre, and Ali Rajab, Executive Vice President, GACA; Board Member, Saudi Air Connectivity Program, delivering an address titled ‘Saudi Air Connectivity Program: Updates and progress.’

The two-day event will take place on 25-26 September at the St. Regis, Saadiyat Island Resort in Abu Dhabi, the UAE capital, and a hub of economic development. The Summit explores new ways to enhance technological and strategic capabilities, attract investment, strengthen domestic SMEs in the aerospace supply chain and emphasises environmental responsibility.


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 21185 times
PR Category : Business and Economy
Posted on : Wednesday, September 25, 2024  8:40:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Bridgestone and Al Jawaden Group announce strategic partners...
Next Story : Avyanco: Pioneering Business Set-Up and Tax Consultancy in t...
Email this article Print this article

Share this article with your friends and followers
NewsVine
 
 
Most Viewed Press Release posted in the last 7 days
Wfp welcomes us$25 million grant from ksrelief for its operations in yemen [46818-Views]
Fall-ing for Benefit Cosmetics: How to Nail the Autumn Look, even if It's Still 35°C [32792-Views]
SITA and AACO advance on collaboration to tackle aviation's toughest sustainability challe... [28913-Views]
IATA to Offer Digital Currencies in Financial Settlement Systems [28077-Views]
Cathay Pacific celebrates the launch of direct passenger flights between Hong Kong and Riy... [14678-Views]
Leading Hospitality Services and Emirates Green Building Council forge partnership to driv... [9992-Views]
Renowned italian group expands operations in dubai [9196-Views]
SHEIN UAE Bus Tour Promises a Fashionable Celebration on Wheels [8827-Views]
Latest on Kanika Kapoor at Burj Al Arab—All the Details Are Below! [8171-Views]
Persil Shampoo Pioneers Fabric Sustainability Revolution with High-Care Rebrand [6937-Views]
Dubai Active Industry 2024: A Hub of Innovation, Connection and Insightful Discussions w... [6363-Views]
Dubai Muscle Show 2024 Set to Deliver an Epic Weekend of Fitness, Inspiration and Bodybuil... [6179-Views]
Mohammed Bin Rashid Library Offers Visitors a Rich Cultural Agenda [5945-Views]
Dubai College of Tourism Partners with Coursera to Expand Access to Hospitality Education ... [5560-Views]
Tadej Pogačar and UAE Team Emirates Agree to Long-Term Contract Extension Until 2030 [5461-Views]
RTA Celebrates 15th Public Transport Day [5461-Views]
Dubai Police & Dubai Duty Free win Titles of Badminton Competition of the 12th "Sheik... [5281-Views]
Diwali delights served onboard and in lounges for Emirates' customers [5018-Views]
Hotpack Global conducts Breast Cancer Awareness session [4990-Views]
Under the patronage of His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan Regional... [4957-Views]
Experience Halloween @ Emirates Park Zoo & Resort - “Creepy Carnival” [4949-Views]
MoHAP launches National Supplementary Measles Immunization Campaign 2024 in Cooperation wi... [4834-Views]
DXB achieves top sustainability milestone with global accreditation [4826-Views]
Taiwan Excellence Unveils 16 Semifinalists for "Go Green with Taiwan" [4625-Views]
DSBK Racing Launches the 2024-2025 Middle East Championship at Dubai Autodrome, Setting th... [4596-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
Back to Section Home

Related Stories

 
Top Sections
 
Top Stories