‘We go to space for the benefit of the many,’ Sierra Space CEO tells FII Summit

‘The reason we’re building a platform in space is to literally benefit life on Earth,’ said Tom Vice, CEO of Sierra Space at the FII Priority Summit on Friday. (Supplied)
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Updated 23 February 2024
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‘We go to space for the benefit of the many,’ Sierra Space CEO tells FII Summit

  • Company’s efforts are concentrated in biotech and industrial tech during the transition to commercial-led space

MIAMI: Sierra Space, a commercial space company that has built more than 4,000 space subsystem components and run more than 500 missions, including 14 to Mars, is building technology for “the benefit of the many, not the few,” CEO Tom Vice told the audience at the FII Priority Summit in Miami on Friday.

Addressing the ambitions of countries including the US, China and Russia, and the global space race, Vice said that the days of space being a “sanctuary domain” are over. 

“It is a warfighting domain,” he said. “This is a (time) in which space is a domain just like every other, where adversaries are really very aggressive in terms of holding the US (in) some kind of position where our freedom of action isn’t guaranteed.” 

Therefore, Sierra Space is investing its “time, ingenuity and technology to make sure that we defend space,” Vice said. 

The company is focused on developing technologies to ensure that assets in space are protected in order for the US to carry out its missions both defensively and offensively, he added. 

Vice said that, in comparison to other aerospace and defensive companies, which have a more cautious approach toward defense acquisitions, Sierra Space is “a high-tech, high-speed innovator that’s very focused on bringing capability very quickly.”

The company’s efforts have paid off, said Vice, with Sierra Space receiving $1.3 billion in new satellite constellations in the areas of missile classification, missile detection, missile warning, missile tracking, and fire control.

With NASA’s International Space Station set to be retired by the end of 2030, space exploration is entering a new era.

“We are transitioning to the full commercialization of Low Earth orbit,” Vice said, referring to Earth-centered orbits with an altitude of 2,000 km or less, which NASA classifies as near enough to Earth for convenient transportation, communication, observation, and resupply.

The area is ripe for the creation of an “entire new field of products” in the areas of biotech, industrial tech, and clean energy, Vice claimed, adding that his company is already producing drugs that have an effect on longevity, and is also focused on discovering new sources of clean energy and battery technology, he added. 

The space race isn’t only about asset security, but also economic security, Vice explained.

“The reason why we want to drive the economics is (that) we’re after terrestrial markets, and biotech, and industrial tech. That’s the whole premise of the company,” he said. 

Sierra Space, according to its CEO, is forging relationships with countries across the Middle East, India, Africa, and Latin America, as well as with global companies in the fields of biotech and industrial tech.

Vice believes that “space is an element of diplomacy,” prompting the company to ensure it has “great economic ties, and great country-to-country bilateral and multilateral ties.”

He added: “It’s really important to think about this transition from a government-run International Space Station to a commercial-led International Space Station.”

Vice was part of the team that designed the James Webb Space Telescope, which can “see back in time 13 and a half billion years, and we still have not found life beyond Earth. This is a very special place.”

Sierra Space is not aiming to be “multiplanetary,” Vice stressed. 

“The reason we’re building a platform in space is to literally benefit life on Earth,” he said. “We don’t go to space for the benefit of the few. We go to space for the benefit of the many.”


UAE uses AI to guide oil production decisions, transform factories, ports

Updated 22 January 2026
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UAE uses AI to guide oil production decisions, transform factories, ports

  • Move marks major step, says minister for foreign trade

DUBAI: The UAE is now using artificial intelligence to guide production decisions in its oil and gas sector, replacing traditional simulation-based methods, a senior official said during the World Economic Forum in Davos on Thursday.

Speaking during the Factories That Think panel, the UAE’s Minister for Foreign Trade Thani Ahmed Al-Zeyoudi said the move marked a major step in the country’s adoption of AI, robotics and digital technologies across manufacturing, logistics, and energy sectors.

“Now we are applying AI. The AI tells us where to produce. We don’t need simulation engineers anymore to tell us where,” Al-Zeyoudi explained.

He said digitalization was also transforming the entire value chain, adding: “Digitalization and digital twinning are not only happening in factories, they are now across the entire value chain, from extraction and manufacturing to logistics, distribution and customs clearance.”

Al-Zeyoudi highlighted the UAE’s global logistics network, and said: “We have historically invested heavily in logistics, and today we are connected to around 250 ports around the world.

“The majority of consignments are now cleared before they arrive. What used to take a few days now takes just a matter of minutes.”

The minister also discussed the country’s shift away from labor-intensive models, and said: “This is no longer about wages; it’s about digitalization and improving efficiency in how we run operations.”

Robotics are being deployed at industrial sites to reduce downtime, and Al-Zeyoudi said: “Sites that used to shut down for three to six months can now be monitored by robotics during operation, reducing downtime to just a couple of days.”