The UAE has been working out plans for strengthening its national space industry in a bid to establish a pan-Arab space agency for sending satellites into orbit at reduced costs.

UAE's plans to create a regional space agency took a push with the launch of the UAE's first ingeniously built remote sensing satellite, DubaiSat-1 and Yahsat developed by the Emirates Institution for Advanced Science and Technology.

EIAST said that a lot of has been learnt from its previous ventures and the forthcoming space projects would be designed to deliver even better results. Its technicians fully participated in the development of Dubai-Sat 1 with South Korean engineers and playing a leading role for developing Dubai-Sat 2.

EIAST project manager Salem Al Marri, said, "The second satellite is currently in the early planning stage, but we already know that there will be improvements in the quality of the data and images it delivers as a result of what our engineers have learned."

Earlier in the month, the major players of the space industry held a meeting at the Global Space Technology Forum in Abu Dhabi, discussing a range of issues for tapping growing commercial activities related to space industry.