satellite

UAE’s Space42 raises $695.5 million to fund new satellites

Space42, the UAE-based AI-powered SpaceTech company, announced the signing of a $695.5 million Export Credit Agency (ECA)-backed financing facility to fund the development of its next-generation geost...

PIF launches Neo Space Group to boost satellite and space industry in KSA

PIF announced the establishment of the Neo Space Group (NSG), a wholly owned PIF company that will become a national champion in the satellite and space sector. NSG will enhance the space and satellit...

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