Press Release: Maana Electric Expands in Dubai to Deploy Terrestrial and Space Disruptive Solutions in The Field of In-Situ Resources Utilization
Dubai Silicon Oasis. Launched in 2002 as a technology park with the aim of becoming a global hub for tech start-ups focusing on electronic innovation, research and development, it now also host the new Maana Electric’s office in Dubai . Photo retrieved from timeoutdubai.com
Dubai – 25 October 2021
Maana Electric SA announced the incorporation of Maana Electric FZCO, a 100% subsidiary of the Luxembourgish company, within the Dubai Silicon Oasis (United Arab Emirates). This new entity adds up to the offices already operating in Luxembourg and the Netherlands.
Maana Electric is a global expert in developing In-Situ Resources Utilization (ISRU) technologies for producing clean and affordable solar capacity on Earth. These technologies allow the company to be one of the leaders for in-space manufacturing of energy sources to power human ambitions to the Moon, Mars and beyond. Maana Electric FZCO will deploy these terrestrial and space disruptive technical solutions based on ISRU developed in Luxembourg by Maana Electric.
Maana Electric’s Founder and CEO, Joost van Oorschot, commented on the announcement:
“We are supported and recognized by space agencies and industry for our innovative ISRU solutions. Thanks to our rapid prototyping and testing philosophy, our disruptive energy technologies are fast advancing. United Arab Emirates and Dubai have been demonstrating a strong dedication to innovation in the energy sector as well as in the space industry. We are convinced that our disruptive solutions will lead to great projects and partnerships with several local key players”. The company is part of the Economic Mission led by Luxembourgish authorities in the context of the Dubai Expo 2020 and will be exhibiting during the International Astronautical Congress (IAC) from October 25th to 29th, 2021 (Luxembourg Pavilion at the IAC H7-31).
About Maana Electric
Maana Electric SA was founded in Luxembourg in 2018 with the goal of providing energy resources both on Earth and in Space through In Situ Resource Utilization (ISRU) technologies. Maana Electric’s ISRU technologies allow to produce complex products, in particular solar panels, using the locally available material, such as sand on Earth and regolith on the Moon.
Maana Electric SA is headquartered in Luxembourg and has more than 40 employees across its entities in Luxembourg, the Netherlands and Dubai. For more information, please visit www.maanaelectric.com or watch our video at the following link.