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Israel invests 600 million NIS in space technology research and development

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Calcalists have learned that Israel will invest 600 million NIS ($ 176 million) in a new program aimed at growing the space technology industry over the next five years. Presented by the Israel Space Agency to Orit Farkash Hacohen, Minister of Science and Technology Innovation, the program has the specific goal of doubling the number of Israeli space technology companies and employees.

This program has four main goals. One is to strengthen Israel’s commercial space technology industry. Second to strengthen and support scientific space research. Third to promote and develop the human capital needed to grow the space technology field. Fourth is to strengthen Israel’s position in the global space technology industry.

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Minister of Science, Technology and Innovation Orit Farkash Hacohen and IAI Amos-8 satellite.

(IAI)

The program contains some measurable goals for the further development of the space technology industry. This includes doubling the number of space technology companies from 60 to 120. Another goal of the program is to quadruple the number of people employed by space technology companies from 2,500 to 10,000. It also increased spending on the commercial space sector from $ 1 billion to $ 1.25 billion and increased the number of academic researchers in space-related fields from 120 to 160 (up 33%). We have increased the number of high school students interested in working in these areas from 200 to 4,000, promoting Israel’s participation in international space cooperation and encouraging Israel’s presence in multinational space programs.

Apart from these goals, the Space Agency program aims to establish the National Space Center. This will allow companies developing space technology to work with additional government agencies with research support. The program proposes to extend the Tevel program (acronym for “high school students build satellites” in Hebrew) and turn it into an international program that connects military service and academia, bringing young students into the technical field. It will be an important tool for pulling in. Especially space related things.

In addition, the program plans to launch the Shalom satellite for commercial research in collaboration with the Israeli and Italian space agencies and use it for detection of environmental conditions such as atmospheric composition, land and sea conditions, and precision agriculture. I am. This satellite enables a variety of practical applications to replace commercial entities, remote sensing research, making it easier for Israeli space ventures to enter low earth orbit (LEO).

“Israel’s space industry is transforming, which has great economic and commercial potential in Israel’s high-tech market. This program collects the assets and knowledge that Israel has in the defense sector. , Use them for commercial purposes, “said the Minister. Orit Farkash Hacohen of Science.

A few years ago, the space industry was primarily used for military and defense purposes or communications satellites. Launch cost savings and companies such as Elon Musk’s SpaceX, Amazon founder Jeff Bezos’ Blue Origin, and Richard Branson’s Virgin Galactic have helped stimulate interest in this sector.

These changes have shifted the focus of the Israeli space industry from strict defense needs to commercial needs. Over the years, several start-ups have emerged, most of which are supported by the Israeli Space Agency and the Israeli Ministry of Science, Technology and Innovation.

Some of Israel’s most prominent startups include Ramon.Space, NSLComm, and Effective Space (recently acquired by US Astroscale), which are listed as one of the top three startups on Calcalist’s Top 50 Startup List. ..

To strengthen this industry, the government has given 18.5 million NIS ($ 5.4 million) to an Israeli company developing the technology planned for space.

Sources

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2/ https://www.calcalistech.com/ctechnews/article/s1qnxvai5

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