FAQ

FAQ

What is Neo Space Group (NSG)?

NSG is a PIF-owned company established in 2023 as a key element of Saudi Arabia’s space strategy. NSG focuses on delivering the Kingdom's downstream commercial space strategy and is structured into four business divisions: Satellite Communications, Geospatial, Timing, Location & Timing Based Services, and a space-focused venture capital fund.

Why was NSG created?

NSG was established to position Saudi Arabia as a global leader in space and innovation, leveraging the growing global space economy. By fostering innovation and transferring knowledge into the Kingdom, NSG aims to create high-value jobs and contribute significantly to the national economy, aligning with Saudi Vision 2030.

How does NSG fit within Saudi Arabia’s broader space ecosystem?

NSG plays a complementary role, working alongside organizations like KACST, Arabsat, and the Saudi Space Agency. NSG focuses on downstream market opportunities, ensuring operational efficiency and alignment with the Kingdom’s space goals.

What are NSG’s main business divisions?

NSG is divided into four key business areas:

 

  • Satellite Communications (Satcom): Multi-orbit satellite solutions, including In-Flight Connectivity (IFC) and Government Communications (GovComms)
  • Geospatial: Advanced data analytics and remote sensing solutions
  • Location & Timing Based Services: Services focused on providing satellite-based location and timing solutions across a wide range of industries
  • Global Space Venture Capital Fund: Focused on investing in space-related startups globally
What differentiates NSG from other players in the space sector?

NSG provides integrated solutions across multiple domains, offering satellite communications, geospatial, and Location & Timing based services, all backed by significant financial strength and deep regional knowledge. This gives NSG a competitive edge in delivering high-quality services that meet customer expectations.

What role does NSG play in Saudi Vision 2030?

NSG is a key enabler of Saudi Vision 2030, contributing to the Kingdom’s ambition to diversify its economy by investing in space technologies and fostering local talent. NSG aims to build a thriving space ecosystem that enhances the Kingdom's global competitiveness in the space sector.

Who regulates NSG’s activities?

NSG is regulated by the Communications, Space, and Technology Commission (CST), which oversees the Saudi space sector to ensure compliance and operational efficiency.

Will NSG develop its own satellite constellation?

NSG is evaluating a hybrid model, which could include both owning and operating its own satellites and partnering with external providers. The decision will be driven by customer needs and the goal of delivering high-quality services.

What is NSG’s approach to partnerships and collaborations?

NSG is actively exploring partnerships across the globe to accelerate its growth and offer best-in-class satellite-based solutions. Announcements regarding specific partnerships will be made as agreements are finalized.

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