JEDDAH: Neo Space Group, a space and satellite communications company under the Public Investment Fund, has launched Saudi Arabia’s first dedicated Earth observation marketplace, advancing the Kingdom’s space economy.
Operated by UP42, a subsidiary of Neo Space Group, the Earth Observation platform was launched to meet the growing demand for high-resolution satellite imagery and space analytics across key sectors.
It supports the Kingdom’s economic transformation under Vision 2030 by integrating Earth Observation data into sectors such as environment, infrastructure, energy, real estate, mining, logistics, agriculture, and urban planning.
Martijn Blanken, CEO of the Neo Space Group, said that the platform reflects increasing demand for space-based intelligence in the Kingdom, according to a Saudi Press Agency report.
“Earth Observation data is essential today,” said Blanken. “It supports infrastructure development, urban growth, and resource management. With more than 2.15 million sq. km, Saudi Arabia requires scalable, data-driven tools for strategic decisions.”
