PARIS — Saudi Arabia’s Neo Space Group (NSG), created by the nation’s Public Investment Fund (PIF), is designed to jump-start the Saudi space sector by putting telecommunications and Earth observation under one well-financed roof, much as its neighbor, the United Arab Emirates, has done with Space42.
Space42 combines two publicly traded, revenue-generating companies in satellite fixed and mobile telecommunications provider Yahsat with data analytics services provider Bayanat.
Saudi Arabia is starting from further back in . . .
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