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Private Sector Space Investments Reach 74M Omani Rials in 2025

Private Sector Space Investments Reach 74M Omani Rials in 2025

The space sector in the Sultanate of Oman experienced rapid development between 2023 and 2025, with private investments increasing from 20 million Omani riyals in 2023 to 74 million riyals in 2025. The number of companies grew from 11 to 26, and the workforce in the sector expanded from 152 to 400 employees. Additionally, strategic projects were launched, such as the Oman Sat-1 satellite project, the deployment of the first Omani satellite "Aman-1," and the first experimental rocket launch from the Port of Duqm. These initiatives aim to enhance national sovereignty, develop local capabilities, localize technology, and attract international investments, supporting Oman’s transition toward a promising digital economy aligned with the goals of Oman Vision 2040.

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