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Saudi PIF invests in space and satellite sector

Saudi PIF invests in space and satellite sector
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Saudi Arabia s PIF sets up company to boost space sector

PIF said the new company, Neo Space Group, will invest in local and international assets and capabilities, as well as venture capital opportunities.

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Saudi fund launches group to boost space industry

Saudi fund launches group to boost space industry
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Saudi fund launches new group to boost space industry

Riyadh (AFP) May 27, 2024 - Saudi Arabia s Public Investment Fund (PIF)on Monday launched the Neo Space Group to work on the kingdom s nascent satellite and space industry, its first investment in the sector.

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Saudi fund launches new group to boost space industry

Riyadh:Saudi Arabia s Public Investment Fund (PIF) on Monday launched the Neo Space Group to work on the kingdom s nascent satellite and space industr.

Saudi arabiaAr riyaRayyanah barnawiOmar al madhiNeo space groupSaudi arabia public investment fundPublic investment fund

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