The acquisition marks a pivotal milestone for PIF-backed NSG, significantly enhancing its geospatial and earth observation capabilities.
Neo Space Group
In May 2024, Saudi Arabia’s Public Investment Fund (PIF) announced the launch of Neo Space Group (NSG), an entity tasked with developing the Kingdom’s local...
Egypt has successfully localized satellite technology, with around 60% of its nanosatellites and 40% of its microsatellites produced domestically.
This service aims to create an enabling environment for the private sector to establish and develop EO services and emerging businesses.
Blanken has joined NSG from EXA Infrastructure, the dedicated digital infrastructure platform connecting Europe and North America, where he was CEO.
The Ka-band platform will combine the GEO and MEO satellite networks of SES, including NEO Space Group, AeroSat Link and Hughes Communications India.
The group aims to develop and enhance commercial space operations in Saudi Arabia, providing innovative satellite and space solutions locally and globally.
