SPACECOOL INC.（SPACECOOL）participated in “the Second Japan Saudi Energy Ministerial Dialogue” held in Saudi Arabia on December 24, 2023 and “Saudi-Japan Investment Forum 2023” on December 25.

Japanese companies have been increasingly focusing on Saudi Arabia, with a population of just over 32 million and abundant crude oil resources, so various companies including startups have been recently expanding their business there. Meanwhile, the dialogue was held in Saudi Arabia to develop the business relationships bilaterally.

Japanese and Saudi Arabia companies related to the energy sector participated in the dialogue. SPACECOOL, a startup offering “Sustainable Advanced Materials”, explained what effect a radiative sky cooling material “SPACECOOL” is expected in Saudi Arabia.

SPACECOOL also participated in “Saudi-Japan Investment Forum 2023” on December 25, where we interacted with many Saudi Arabia companies as well as Japanese companies aiming to do business in the Middle East.

SPACECOOL will accelerate our initiative with local partners to improve heat-related issues in the Middle East and around the world, and contribute to global decarbonization and countermeasures for climate change.