News
UAE Astronaut Sultan Al Neyadi Prepares To Return To Earth
The six-month mission aboard the International Space Station will end with a splashdown off the Florida coast on September 3rd.
![uae astronaut sultan al neyadi prepares to return to earth](https://techmgzn.com/wp-content/uploads/2023/08/uae-astronaut-sultan-al-neyadi-prepares-to-return-to-earth.jpg)
UAE astronaut Sultan Al Neyadi will end his six-month mission aboard the International Space Station (ISS) on September 3rd, entering the record books for conducting the longest-ever Arab space expedition.
According to NASA, Crew-6 (which includes Al Neyadi), will board a SpaceX Dragon craft before detaching from the ISS on September 2nd. After reentering Earth’s atmosphere, the spacecraft will splashdown off the Florida coast on September 3rd.
In a few days, @Astro_Alneyadi is set to return to Earth after the completion of the longest Arab space mission in history, during which he conducted over 200 scientific experiments.@MBRSpaceCentre pic.twitter.com/yltIwKtSAq
— Dubai Media Office (@DXBMediaOffice) August 29, 2023
During his time aboard the International Space Station, Al Neyadi has conducted over 200 scientific experiments, with the latest round of tests forming part of a host-pathogen study. The experiments aim to better understand how the immune systems of astronauts interact with microbial pathogens living within the ISS environment.
The study also explored how dormant pathogens, such as those responsible for chickenpox and shingles, affect immunity once activated.
Adnan Al Rais, the UAE Astronaut Program’s Mission Manager, was keen to emphasize the significance of Al Neyadi’s research in advancing space biology, noting that it could enhance our ability to safeguard future ISS crews and contribute to their healthcare.
Also Read: Abu Dhabi-Developed AI Arabic Language Model Unveiled
Sultan Al Neyadi’s participation in this groundbreaking set of experiments has set a new benchmark for space science. Samples indicating suppressed immune states were also gathered and frozen onboard the ISS in the hope they could eventually offer cures for viral infections back on Earth.
The UAE’s Astronaut Program is part of a wider National Space Program funded by the ICT Fund of the Telecommunications and Digital Government Regulatory Authority (TDRA). UAE officials hope that space missions will support research and development in the ICT sector and enhance the Emirate’s global presence in this increasingly important field.
News
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.
![mamo completes $3.4 million funding round to enhance fintech services](https://techmgzn.com/wp-content/uploads/2024/07/mamo-completes-3.4-million-funding-round-to-enhance-fintech-services.jpg)
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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