The satellite connectivity will account for more than 80% of the region’s revenue opportunities, and the MEA region overall will exceed $150bn in cumulative...
Public Investment Fund
Saudi Arabia to benefit from new satellite IoT services developed by iot squared and OQ Technology.
Saudi Arabia’s sovereign wealth fund has acquired a 60% majority stake while Sultan Holding company and Prince Saud bin Fahad have snapped up 10% each.
The first joint venture of its kind will involve the development of advanced communications, sensors, and integrated mission systems.
