Dubai, UAE – [August 25th 2024] – Borderless Labs Inc. (BLINC) is proud to announce the MENA $10 Million Deep Tech Space Tech Challenge, a groundbreaking event set to take place on October 29th, 30th, and 31st, 2024, at Deep Dive Dubai and Expo City Dubai. This prestigious event, under the patronage of the Al-Maktoum Investment Group, will feature the participation of numerous esteemed members of the Royal Family, celebrating their commitment to innovation and entrepreneurship as part of the World Leaders Award and World Business Forum.
The MENA $10 Million Deep Tech Space Tech Challenge aims to foster innovation and entrepreneurship in the space and deep tech sectors by providing a platform for aspiring entrepreneurs, professionals, hobbyists, and startups to showcase their cutting-edge solutions. The event will bring together thousands of space professionals, hobbyists, students, and enthusiasts from around the globe, representing over 200 teams.
A unique aspect of the event includes specific challenges such as underwater space suit testing and underwater drone judging, which will be held at premier venues like Deep Dive Dubai. These challenges will push the boundaries of innovation, offering participants the opportunity to develop and test their solutions in real-world environments.
In addition to the participants, the event will attract over 100 investors, solution providers, incubators, and accelerators, collectively representing over $200 billion worth of assets. These stakeholders, eager to invest in the space industry, will actively participate in the pitch competitions, providing invaluable opportunities for networking, funding, and collaboration. One of the intended long-term goals is the announcement and establishment of a dedicated Space Tech and Deep Tech Private Investment Fund for the UAE and the MENA region, further solidifying the region’s position as a hub for innovation and technological advancement.
“BLINC is thrilled to bring together the brightest minds in the space and deep tech sectors for this groundbreaking event,” said Mac Malkawi, Founder and President of BLINC. “Our collaboration with the Al-Maktoum Investment Group underscores our commitment to fostering a dynamic ecosystem of innovation and entrepreneurship in the MENA region.”
“Through our partnership with BLINC, we are investing in the future of space technology and entrepreneurship, ensuring sustainable growth and innovation for generations to come,” said HH Sheikh AbdulHakim Al Maktoum. In another statement, Dr. Munir Ahmad, CEO of Al-Maktoum Investment Group, added, “By collaborating with BLINC on the MENA Space Tech Challenges, we are fostering a new era of technological advancement and space and deep tech entrepreneurship in the region.”
The MENA $10 Million Deep Tech Space Tech Challenge will not only provide significant funding opportunities, with the top 100 teams receiving substantial support from BLINC for prototyping and building their solutions, but also offer extensive networking opportunities with investors, industry leaders, and government officials. For participants, this means unparalleled access to resources, mentorship, and potential investment. For investors and solution providers, it represents a chance to discover and support groundbreaking technologies. For the UAE, it reinforces its position as a global hub for innovation and technology, driving economic growth and inspiring future generations.
About BLINC:
Borderless Labs Inc. (BLINC) is revolutionizing space technology and entrepreneurship in the MENA region and beyond by fostering innovation, education, and collaboration. They are dedicated to creating a dynamic ecosystem that empowers aspiring entrepreneurs and space professionals through cutting-edge programs, strategic partnerships, and unparalleled opportunities for growth and development. Their initiatives aim to democratize access to space exploration and technology, driving economic growth and shaping a sustainable future for the region and beyond.
https://blincspace.com
About Al-Maktoum Investment Group:
https://almaktoumsgroup.com
