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The UAE Space Agency's National Space Fund is worth AED 3 billion. Its Emirates Mission to the Asteroid Belt launches in March 2028 on a 5 billion km journey, and 50% of the project's work has been given to UAE-based private companies.

Updated October 2026 · Figures checked 21 October 2026

National Space Fund
AED 3bn1
National Space Fund
Mission work for UAE private companies
50%2
Mission work for UAE private companies
Asteroid mission launch
20282,3
Asteroid mission launch
Journey of the MBR Explorer
5bn km2
Journey of the MBR Explorer

Space

The National Space Fund

The AED 3 billion fund supports programmes in which international and Emirati companies cooperate on space engineering, science and research. It aims to build infrastructure for the space industry and attract start-ups and specialist companies.1

The asteroid mission

The MBR Explorer will fly past six asteroids and then release a lander built by the Technology Innovation Institute on the seventh, 269 Justitia. Launch is set for a three-week window in March 2028.2,3

Frequently Asked Questions

How can companies join the UAE space sector?

The UAE Space Agency's AED 3 billion National Space Fund supports programmes with international and Emirati companies, and half of the asteroid mission's work has been given to UAE-based private companies.

Sources

  1. UAE Government Portal: The National Space Fund
  2. UAE Space Agency: Emirates Mission to the Asteroid Belt
  3. The National: MBR Explorer probe enters final tests for 2028 mission (October 2026)

Figures checked 21 October 2026. Prepared by Invest-Emirates.ae for general information. It is not investment, tax or legal advice; please confirm details with a qualified adviser before acting.

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