Oman is emerging as a significant player in the global space industry, capitalizing on its strategic location near the equator and advantageous coastal geography. The development of the Etlaq Spaceport marks a pivotal step in this journey, with the successful launch of “Duqm-1” symbolizing Oman’s commitment to entering the competitive space race. This initiative is part of a broader government strategy aligned with Vision 2040, which seeks to diversify the nation’s economy by fostering innovation and technological advancement. By positioning itself as a hub for space launches, Oman aims to attract international investments and partnerships, thereby enhancing its aerospace capabilities. The country’s efforts are focused on building local expertise in aerospace technology, which is expected to create new opportunities for economic growth and development. The government’s support for this sector underscores its commitment to transforming Oman into a knowledge-based economy. As Oman continues to develop its space infrastructure, it is poised to become an attractive destination for global aerospace companies looking to leverage its geographic advantages. The success of these initiatives could position Oman as a key player in the international space community, contributing to advancements in technology and science on a global scale.