NanoRacks is opening and staffing its first office in the United Arab Emirates (UAE) in Abu Dhabi’s Hub71, a global tech ecosystem driven by Mubadala Investment Company, backed by the Abu Dhabi Government’s Ghadan 21 program. This expansion will help the company offer customer service and technical advice for its customer base in the Middle East, Africa, and South East Asia region.
Hub71 welcomes NanoRacks as one of its first tech-companies to be on-boarded alongside strategic partners Microsoft, SoftBank Vision Fund, and Mubadala. The tech hub aims to have over 100 technology start-ups by 2022 and is actively seeking to support more transformational tech-businesses like NanoRacks to enable innovation and growth within the technology sector, making for economic and social impact within the Emirates.
“It’s very exciting to have our first US space tech company on board at Hub71. With Starburst, the world’s number one aerospace accelerator coming to Hub71 soon, NanoRacks will have the full support it needs to scale-up — whether that’s fundraising, mentorship or finding commercial opportunities. Hub71 aims to be home to globally enduring tech companies like NanoRacks who are eager to capitalize on the regions’ commercial opportunities.” Says Mahmoud Adi, Head of Hub71.