What Happened
Private Investment Quadruples Amid Economic Diversification
Oman’s space sector has seen significant growth, with private investment almost quadrupling in 2025, according to a government official. The number of companies operating in the sector has increased from 11 in 2023 to 25 in 2025, with about 65 percent of space projects entering implementation under the national space policy. Oman has also signed an agreement with Airbus Defence and Space for the design, manufacturing, and launch of the communications satellite OmanSat-1, with operations scheduled to begin in 2029. This development was reported by AGBI.