
Neo Space Group (NSG), a Public Investment Fund (PIF) company, has officially launched the Kingdom’s first Earth Observation (EO) Marketplace. Operated by the NSG Geospatial Services Company and powered by UP42—a recently acquired company now fully owned by NSG the platform aims to address the rapidly increasing demand for EO and geospatial data solutions in Saudi Arabia and beyond.
The Earth Observation Marketplace connects a growing ecosystem of EO data providers and value-added service partners. Through this platform, users gain access to a wide array of high-resolution satellite imagery and advanced geospatial analytics. As a result, both public sector agencies and private companies in Saudi Arabia can streamline access to essential data products.
The platform’s goal is to serve as a comprehensive, one-stop solution for developers and service providers. Additionally, it’s designed to support the evolving needs of government entities across the Kingdom. The launch is a direct response to the data-driven ambitions outlined in Saudi Vision 2030.
Accelerating EO Adoption Across Multiple Sectors
By consolidating EO data under one marketplace, NSG aims to drive widespread adoption across critical industries. The platform is expected to support diverse applications in sectors such as environment, infrastructure, energy, real estate, mining, logistics, transportation, and agriculture. As the availability of EO data expands, more organizations will be able to deploy analytics and insights to optimize planning and operations.
Crucially, the Earth Observation Marketplace also aims to empower international users by offering global access to Saudi Arabia’s growing geospatial ecosystem. With cloud technology powering the backend, users can perform large-scale EO data analysis with ease, reducing the time and cost needed for complex processing.
UP42’s integration into the platform brings significant capability enhancements. As a next-generation digital platform for EO data, UP42 specializes in scalable solutions through cloud computing enabling users to extract value from raw space-based data faster than ever before.
Driving Innovation and Supporting National Priorities
This launch is not just a technological milestone but also a strategic move aligned with Saudi Arabia’s broader innovation agenda. With the integration of artificial intelligence and advanced analytics, the EO supply chain is shifting downstream, making the marketplace even more valuable.
As EO data continues to play a growing role in national development, this initiative places Saudi Arabia in a stronger position to lead regional and global efforts in space technology. The Earth Observation Marketplace is not only a response to market demand it’s a reflection of a long-term commitment to technological advancement and digital transformation.