Dr Sherif Sedky, CEO of the Egyptian Space Agency (EgSA), has unveiled a new plan to grow Egypt’s space capabilities. The agency will establish a joint-stock company dedicated to manufacturing satellite components. Additionally, the plan involves creating a marketing company for the agency’s products and launching an electronic platform where users can browse and purchase satellite images.
The CEO stated these actions align with Egypt’s strategic goals to localise space technology. According to the Middle Eastern News Agency, this is a crucial step in achieving success in various vital sectors.
Additionally, while providing Dr Sedky with an update on the agency’s progress in establishing the joint-stock company, he noted, “The procedures for creating this company are currently underway and nearing completion. This initiative is a key part of the agency’s strategy to boost Egypt’s capabilities in satellite component production.”
Dr Sedky outlined the new company’s primary objectives in the context of Egypt’s space technology development. According to his remarks, the company will localise the designing, developing, and manufacturing of satellite components and subsystems within Egypt. Moreover, this will result in strengthening the country’s precision manufacturing capabilities. This strategy underscores Egypt’s commitment to achieving self-sufficiency in space technology, which Dr Sedky emphasised as crucial for supporting national security and developing sovereign technological capabilities.
According to Dr Sedky, creating a company to market EgSA products is a critical strategic move. This initiative aims to significantly enhance the economic potential of the agency’s data and products. Furthermore, the company will focus on meeting the Egyptian market’s demand for high-quality, competitively-priced satellite images. This, in turn, will support various national development efforts, including urban planning and monitoring agricultural and other national projects.
Also, the CEO announced that the Egyptian Space Agency has developed and launched an online platform for browsing and purchasing satellite imagery. This platform is now operational and designed to provide users with easy access to satellite images. According to Dr Sedky, the system will serve many clients, including government institutions, private businesses, and research institutions. This will allow them to view and acquire satellite imagery conveniently.
Dr Sedky further emphasised that this platform is a crucial resource for various sectors. Its high accuracy and accessibility make it particularly valuable for urban planning, environmental monitoring, and disaster management. The platform’s competitive pricing structure positions it as a preferred option for organisations seeking precise satellite data to enhance their development initiatives.
Source: https://spaceinafrica.com/2024/08/23/egsas-new-initiative-at-enhancing-its-space-capabilities/
