Politics Economy Country 2025-11-19T19:12:28+00:00

Maldives Sign Agreements for Space Sector Development

On the second day of the space conference, the Maldives signed several key agreements. National companies have signed memoranda of understanding with South Korean partners to develop space infrastructure and support innovation in this vital sector.


Maldives Sign Agreements for Space Sector Development

The second day of the space conference featured the signing of several agreements and memoranda of understanding within the exhibition pavilion. One of the key events was the signing of a memorandum of understanding between the national company 'Madari Space' and the South Korean company 'Innospace', a leading global provider of launch services. The aim of the document is to enhance infrastructure development. Another memorandum was signed between the Maldives Space Research Institute and the national company 'Alliances', one of the companies in the Economic Space Zones program. The agreement aims to support the development of the Maldives' sovereign space capabilities and foster innovation in this vital sector. Furthermore, the parties agreed to implement joint projects in research and development, advanced technology development, and building a long-term partnership.