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NASA’s HERA Campaign 7 Reveals New Emirati Crew Member

The Mohammed Bin Rashid Space Centre has chosen Shareef Al Romaithi to undertake simulated missions on Earth.

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3 months ago

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nasa's hera campaign 7 reveals new emirati crew member
NASA

The United Arab Emirates has named a crew member for the upcoming phase of NASA’s Mars simulation mission. Shareef Al Romaithi will join the next phase of NASA’s HERA Campaign 7, spending 45 days at NASA’s Houston, Texas Space Centre with his fellow crew members.

The Mohammed Bin Rashid Space Centre (MBRSC) revealed Al Romaithi’s selection on April 15, 2024. The project, starting on May 10, 2024, seeks to replicate Martian mission conditions to explore the impact of space travel on human physiology and psychology.

Al Romaithi, a seasoned pilot with over 16 years of aviation experience, will reside in a specialized facility in Houston known as HERA (Human Exploration Research Analog). The three-story habitat simulates the isolation and environmental conditions of space exploration in a program spanning multiple phases. The first phase concluded in March, with subsequent phases scheduled for August and November.

The UAE’s MBRSC highlighted Al Romaithi’s involvement in the mission via X (formerly Twitter), emphasizing his role in advancing space exploration. The selection marks a significant step in the UAE’s space endeavors, showcasing its commitment to international collaborations in space exploration.

Also Read: Top 10 Best Freelance Platforms In The Middle East

“We are pleased to announce the selection of Shareef Al Romaithi for the second analogue study of the UAE Analogue Programme at the Hera habitat, marking another significant step towards the UAE’s vision for space exploration,” said the director general of MBRSC, Salem Al Marri.

“This mission, blending scientific research and international collaboration with NASA, is poised to deepen our understanding of the physiological and psychological challenges of long-duration space travel through experiments here on Earth,” added Salem Al Marri. “The UAE is honored to be part of this journey, and we will continue to push the boundaries of what is possible and inspire future generations to be part of the space sector,” the director general concluded.

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Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

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1 day ago

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July 25, 2024

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mamo completes $3.4 million funding round to enhance fintech services
Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.

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