Dubai's World Space Risk Forum 2012 set to discuss future

The World Space Risk Forum 2012, a bi-annual conference that brings together leading professionals in the global space industry, starts tomorrow in Dubai.
Time Aerospace thumbnail

The event is the largest of its kind and takes place at The Ritz Carlton Hotel - Dubai International Financial Centre (DIFC), from Tuesday 28th February until Thursday 1st March 2012.

Delegates will include CEOs and CFOs of satellite manufacturers, satellite operators and launch service providers, in addition to all the major global insurance brokers and underwriter companies.

Over the course of the three-day forum, industry professionals will meet to discuss future opportunities and trends affecting the risk management of worldwide space ventures.

Panellist sessions include:

  •     Future space activities and risk management activities
  •     Capital for space finance
  •     How to improve coverages
  •     Space environment and liabilities
  •     New technologies and markets

The World Space Risk Forum is the main space risk forum in the world. The space industry is worth an estimated $170bn per year globally. While the global space industry is expected to grow by 4.5% annually over the next 10 years, the Middle East region, Asia and Africa is expected to grow by more than 10% a year.

Furthermore, the region is investing heavily in high technology to become a significant player in the years to come. The space risk industry is facilitating this development by providing clients with solutions for covering their assets, revenues and liabilities to third parties.