OQ Technology Invited to UAE-LUX Space Investment Workshop

OQ Technology was invited to be within the two companies selected from Luxembourg space/telecom startup scene to present the company’s 5G IoT vision over non-terrestrial networks in the UAE/Luxembourg Space Investment Workshop in Abu Dhabi.
The company pitched the concept and business case to a group of Luxembourg and UAE hi-tech investors who are interested in NewSpace impact and activities.
The UAE Space Agency, in partnership with Luxembourg Space Agency and Abu Dhabi Global Market (ADGM), organised the UAE/Luxembourg Space Investor Forum.
The event brought together high-level officials from both the UAE and Luxembourg to convene with investment stakeholders, companies, and experts from the space industry and public authorities to exchange experiences in space sector investment trends.
The workshop, supported by the Embassy of Luxembourg in Abu Dhabi, saw attendees participate in discussions that will drive forward the UAE space industry as well as current and future partnerships between the UAE and Europe.
Attended by high officials as the Luxembourg Crown Prince, Luxembourg Minister of Economy, and UAE Minister of State for Higher Education and Advanced Skills and Chairman of the UAE Space Agency, the event has been a great success.
“We are very proud to be among two companies invited from Luxembourg’s space/telecom startup scene to present the country in the startup pitching session of the Space Investment Forum in UAE – UAE is on of the important countries for OQ where many of our clients are located and will benefit from out Satellite 5G IoT services” – Omar Qaise – Founder and CEO of OQ Technology.