NVIDIA Invests in Israel's Space City Project in Mitzpe Ramon
NVIDIA has announced its investment in the Space City project in Mitzpe Ramon, Israel, aimed at creating the country's largest civilian space research and development campus. With a total funding of NIS 100 million from various organizations, the initiative will feature a technology campus, Mars simulation laboratories, and a startup accelerator to bolster space technology development and support local entrepreneurs. This project is part of efforts to position Israel as a significant player in the global space economy while generating jobs in the Negev region.
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NVIDIA announced its participation in the Space City complex in Mitzpe Ramon, Israel. This initiative, led by Creation Space, aims to establish the country's largest civilian space research and development campus with funding totaling NIS 100 million from various organizations, including the Jewish National Fund-USA and the Israel Space Agency.
The Space City will feature a technology campus, laboratories for simulating Mars environments, a startup accelerator, and a control room for space missions. The project is designed to enhance infrastructure for entrepreneurs and accelerate the development of space technologies.
The Space City will also support the EXPAND acceleration program, which invests $3 million in Israeli startups. Officials aim to position Israel as a key player in the global space economy and create jobs in the Negev region.
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