Saudi geospatial services and solutions provider, Taqnia ETS has officially joined the Neo Space Group (NSG) and is now rebranded as NSG Geospatial Services. The deal is part of NSG’s, Saudi Arabia’s leading commercial space services provider backed by PIF, plan to expand its portfolio and reinforce its leadership in the space industry, in alignment with Vision 2030.
NSG Geospatial Services will now leverage Taqnia ETS’ experience from over 130 successful projects, ensuring that it can provide tailored solutions that meet the evolving needs of the Saudi market. With an in-house map production facility and compliance with 14 ISO standards, NSG continues to meet global best practices while supporting the economic growth of government and private organisations.
Taqnia ETS’ skilled workforce of over 400 employees and strong track record will enable NSG to further enhances its geospatial capabilities. The acquisition allows NSG to integrate Taqnia’s advanced services such as geospatial analysis, data management, and visualisation into its offerings. This reinforces NSG Geospatial Services’ capabilities, enabling it to offer more comprehensive, cutting-edge solutions to its clients across both government and private sectors.
“Welcoming Taqnia ETS into the NSG family is a key milestone in our journey to drive innovation in Earth Observation services,” said Martijn Blanken, CEO of Neo Space Group. “This acquisition strengthens our ability to support Saudi Arabia’s vision of becoming a leader in space technology while also driving regional growth and development.”
“Local talent is at the heart of our success,” added Abdulaziz Al-Farraj, CEO of NSG Geospatial Services. “Our homegrown geospatial subject matter experts are uniquely positioned to deliver innovative solutions that meet both local and global needs, contributing to the realization of Vision 2030.”
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