Luxembourg’s Successful Space Mission In Dubai

The Luxembourg Chamber of Commerce organized and accompanied a delegation of startups and aerospace majors to the “International Astronautical Congress” in the United Arab Emirates. The event marked an important occasion to promote the sector and the actors of the Grand Duchy abroad.

As the sponsor of the Luxembourg national pavilion at Expo 2020 Dubai, the Luxembourg Chamber of Commerce organized an economic mission focussing on the space sector.

The initiative took place during the International Astronautical Congress (IAC) from 24 to 30 October 2021 and was held for the first time in the Middle East.

International Promotion And Support

Initiated annually by the International Astronautical Federation, “this must-attend event for the global space ecosystem attracts nearly 6,000 participants from around the world,” said Cindy Tereba, Director of International Affairs at the Luxembourg Chamber of Commerce. “Every year, the entire Who’s Who of the aerospace sector is there!”

For the occasion, the Luxembourg Space Agency had selected about ten Luxembourg startups, all active in related professions or connected to the space sector.

The Chamber of Commerce took care of promoting their activities, offering them a platform and visibility on site. “We position ourselves as a federator of companies in international promotion,” says Cindy Tereba. “We help them export and present themselves abroad.”

“Every year, the entire Who’s Who of the aerospace sector is there!”

Cindy Tereba

More specifically, the professional organization had reserved a quota of rooms with Dubai hotels to guarantee less expensive accommodation: “The companies in the Luxembourg delegation were able to stay at a quarter of the market price,” she says.

They also received a financial incentive for travel costs in the form of preferential rates for flights. The Chamber of Commerce also covered the cost of admission to the IAC up to 50% of the price.

“We made a gesture, especially to startups that don’t always have the financial resources to participate in such an event,” added Cindy Tereba.

The delegation included about 30 companies: Arendt & Medernach, Contec Space, Dayone, Deep Space Industries Europe, EBRC, Hitec, Flawless Photonics, Globeeye, Gomspace, Gradel, Ispace Europe, KPMG, LMO, LMS Services, Luxprovide, Luxspace, Maana Electric, Motor Development International, Newspace Capital, Odysseus Space, Offworld, Oq Technology, Orbital Ventures, Plus Ultra Space Outposts, Redwire Space, Respectus, Rss Hydro, Ses, the Hightech campus Sisa – Site Industriel, SPIN, Spacety Luxembourg, Spire Global, The Lunar Grid and Themis Lex. In all, some 90 participants.

“Many Luxembourg companies, which did not necessarily meet in the Grand Duchy, met in Dubai, thanks to this mission, in this exceptional setting. Some of them have even decided to launch partnerships and joint business projects,” says Cindy Tereba. “Not only has the Luxembourg space ecosystem been able to position itself strongly on the international stage. But its players have also been able to identify themselves as a true national community.”

This article was first published in the Silicon Luxembourg magazine. Read the full digital version of the magazine on our website, here. You can also choose to receive a hard copy at the office or at home. Subscribe now.

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