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Follow on Google News | Oasis500 Holds “Space Ventures” Press ConferenceAmman, Jordan (November 2015) – Oasis500 held, in cooperation with King Abdullah II Fund for Development (KAFD)
By: Oasis500 Oasis500’s partnership with KAFD, ESA and EIB aims to bring together the efforts, attract investments and develop the fund’s financial resources; collectively aiming to enhance the credibility of the project and facilitate it’s full scale launch. Mr. Yousef Hamidaddin, Oasis500 CEO exhibited the importance of space technologies in servicing different walks of life; such as in transportation and the environment; “Today, we celebrate the fruit of our cooperation with Oasis500 in preparation to launch the first phase of the space ventures fund; which we are proudly supporting to transform global inventions into products that meet local and regional market’s needs, through companies founded by our young entrepreneurs” Mr. Fakhoury concluded by stressing on the fund’s support to the project to facilitate the launch of the first phase, and on the importance of partnering with different parties to strengthen the role of Jordan as a pioneer in the region. It’s worth mentioning that the European Space Agency (ESA) is Europe’s gateway to space. Its mission is to shape the development of Europe’s space capability and ensure that investment in space continues to deliver benefits to the citizens of Europe and the world. ESA’s role is to develop the European space programme and carry it through. ESA's programs are designed to find out more about Earth, its immediate space environment, our Solar System and the Universe, as well as to develop satellite-based technologies and services, and to promote European industries. ESA also works closely with space organizations outside Europe. End
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