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

09:00 26.08.2024
A holding company affiliated with an Emirati royal family is injecting a new joint venture between Abu Dhabi-based Marlan Space and startup Loft Orbital with over $100 million to grow the region’s domestic satellite manufacturing capabilities. The joint venture, called Orbitworks, will be the first commercial firm in the United Arab Emirates to mass manufacture […] © 2024 TechCrunch. All rights reserved. For personal use only....
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