Israel Space Agency and Texas Business Association Sign Memorandum of Understanding

The Israel Space Agency has signed a memorandum of understanding (MOU) with the Texas Association of Businesses (TAB) to collaborate on future space initiatives.

The agreement, signed at Ben-Gurion University of the Negev by TAB CEO Glenn Hamer and Israel Space Agency Director Uri Oron, will help promote and facilitate business cooperation between Israeli and Texas space companies and organizations. It was also signed during a Texas Legislative and Economic Development delegation to the Negev.

TAB is a trade association representing the interests of its member companies, from multinational corporations to small businesses. In April, TAB signed a partnership with NASA to help further develop space companies.

We help Israeli space companies work with Texas companies

Texas already has a thriving space sector, and the Lone Star State is home to several aerospace companies, including Odyssey Space Research, SpaceX, Axiom Space, Blue Origin, Astrotech, Firefly Aerospace and others. Even Israeli company Elbit Systems has operations in Texas.

Israel has also made great strides in the space sector, and the Israel Space Agency is committed to helping develop this sector.

A bipartisan delegation of Texas lawmakers signs a memorandum of understanding with the Israel Space Agency. (Source: Dudu Koren)

Israeli and Texas companies can share expertise through this new MOU and help each other grow in their regions. This includes the exchange of industrial and academic delegations between TAB and the Israel Space Agency and providing Israeli companies with easier access to opportunities in Texas.

Another notable aspect of the agreement is joint ownership – the Israel Space Agency and TAB retain ownership of any content developed as part of the collaboration, and both organizations have the right to use that content.

“The signing of this Memorandum of Understanding with TAB is proof of our commitment to strengthening Israel’s presence in the space industry, an industry that is growing rapidly and is a key driver of Israel’s growth,” Oron said in a statement.

“This agreement will promote cooperation between Israeli and Texas companies and institutions and pave the way for increased knowledge exchange and networking opportunities. By working together, we aim to support the development of the space sector in both regions, using our joint expertise to promote space exploration and related industries.”

Hamer noted, “By joining forces with the Israel Space Agency, we are enhancing our technological capabilities and creating new opportunities for Texas companies to thrive in the rapidly expanding space sector.”