UAE’s Madari Space Partners With Avalanche To Develop Space-Based Blockchain Infrastructure

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Abu Dhabi-based startup Madari Space has signed a Memorandum of Understanding (MoU) with leading blockchain platform Avalanche to pioneer the development of blockchain technologies for space. The collaboration, facilitated by Deca4 Advisory, aims to create secure, sovereign, and resilient operations for multiple domains, with a primary focus on the financial sector in space.

A Strategic Partnership Forged in Paris

The landmark agreement was signed at the UAE Embassy in Paris, underscoring the international significance of the collaboration. The ceremony was attended by distinguished guests, including H.E. Fahad Al Raqbani, UAE Ambassador to France, and H.E. Abdulla Bin Touq, UAE Minister of Economy. Their presence signals strong governmental support for the nation’s burgeoning space-tech and fintech ecosystems.

Pioneering the Future of In-Orbit Data

Through this partnership, Madari Space and Avalanche will focus on building space-based infrastructure designed to extend trust beyond terrestrial boundaries. The initiative will leverage blockchain technology to enhance data integrity, continuity, and sovereignty for in-orbit operations. This move is a critical step towards establishing a secure and independent financial and data infrastructure in space, transforming how data is processed and stored.

Building on a Collaborative Ecosystem

Madari Space, an alumnus of the Innovation Accelerator, continues to build on its strong network of partners. The company extended its appreciation to Thales Alenia Space for its ongoing partnership through the Space Business Catalyst program. These collaborations are instrumental in driving innovation and solidifying the UAE’s position as a leader in the global space technology landscape.

About Madari Space

Madari Space’s vision is to build space data centers, transforming how data is stored and processed. By harnessing the unique environment of space, the company delivers eco-conscious, efficient, and globally accessible solutions that surpass the limits of traditional terrestrial infrastructure. Madari Space is pioneering technologies that advance edge computing and data storage in orbit, with a deep commitment to sustainability and innovation.

Source: LinkedIn

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