Californian startup Loft Orbital forms joint venture Orbitworks with Marlan Space in Abu Dhabi to mass-manufacture satellites.

Loft Orbital, a Californian startup, has formed a joint venture called Orbitworks with Marlan Space, an Abu Dhabi-based space company, to scale up satellite production in the Middle East. Orbitworks aims to produce 50, 500-kg satellites annually, receiving $100M+ funding from a royal Emirati family. This venture will be the first commercial firm in the UAE to mass-manufacture satellites, as the country continues to invest in its space industry.

August 26, 2024
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